Why is insulin dominated by a few companies globally and if bacteria are used to produce human insulin, why can no other company replicate this?

Question

Why is insulin dominated by a few companies globally and if bacteria are used to produce human insulin, why can no other company replicate this?

In: Biology

Answer 1

There are many companies producing insulin and it’s so cheap it’s almost unbelievable. Unit of insulin(just the drug, not counting epipen etc) costs about 1 cent. But I’m talking about EU.