r/news Jan 14 '22 Gold 1 Helpful 19 Wholesome 18 Evil Cackle 3 Silver 19

Shkreli ordered to return $64M, is barred from drug industry

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
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u/Frankenmuppet Jan 14 '22

It floors me how much people pay for Insulin in the States.

51

u/IdasMessenia Jan 14 '22

It floors some diabetics too.

1

u/Ricardo1701 Jan 15 '22

Those insulins that are expensive in the US is also expensive in the rest of the world

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u/poopwithjelly Jan 14 '22

We don't. You can buy it for $25 a vial at Wal-Mart. I've done it for a decade. I don't think any of these people have to buy it.

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u/bazpaul Jan 14 '22

How much is it? I’ve no idea

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u/UsedOnlyTwice Jan 15 '22

Neither do we.

Jokes aside it's market price. There are a few dozen different "brands" and formulations. It's like buying gas, that is there is a per unit price that adds up quick if you have, say, a bigger tank or station preference. Practically this means the people who need it most pay more than the people who need it less.

All that said it should be as easy to get as a snickers bar but here in the USA we are in a bit of a power struggle between big pharma and the needs of the populace. Lots of pharma stock owning lawmakers as well make it an ongoing game.

And finally we have for-profit companies willing to help you be diabetic, and for-profit companies willing to help you solve it. There is yet to be an effective legal framework for dealing with this cartel overlap. (Again this is USA, which is 50+ different economies bound together by contract).