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
No other company replicates this because the insurance companies only negotiate with the large manufacturers so new startups would not only have to make themselves known to insurance companies but would also have to more than likely financially incentivize the insurance companies to recognize them, which the insurance companies will promptly ignore because the copay on insulin is so monstrously high that it doesn’t make sense for them to stop the deal they have with current manufacturers when they get to charge higher premiums with the current brands
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