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

Insulin should have a co-pay of about $2. Or less.

115

u/TittyMcNippleFondler Jan 14 '22

But how would they make money after all the expenses related to research and development that were funded by grants that were funded by our tax dollars?

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u/Gingorthedestroyer Jan 14 '22

When inventor Frederick Banting discovered insulin in 1923, he refused to put his name on the patent. He felt it was unethical for a doctor to profit from a discovery that would save lives. Banting’s co-inventors, James Collip and Charles Best, sold the insulin patent to the University of Toronto for a mere $1. They wanted everyone who needed their medication to be able to afford it.

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u/Lisa-LongBeach Jan 14 '22

Same for Jonas Salk… I believe his response to why not patent his cure for polio was “Would you patent the sun?” A different world and morals today sadly.

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u/_greyknight_ Jan 14 '22

Would you patent the sun?

Uh, duh!

- Fortune 500 CEO

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u/Lucky-Variety-7225 Jan 15 '22

Don't steal my idea for NFT water!

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u/horseydeucey Jan 15 '22

Nestle, would you patent... water?!

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u/Jonne Jan 14 '22

Yeah, ask a capitalist if they would patent the sun and they'd be on the first rocket to the interplanetary patent office.

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u/Raptor169 Jan 14 '22

Speaking from memory so correct me if I'm wrong but I remember Salk did try to patent but was rejected because polio vaccine was considered part of nature.

Still doesn't take away from your point though.

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u/Lisa-LongBeach Jan 15 '22

I’m pretty sure those were his words, but not 100% sure. Back then unrestrained greed wasn’t as acceptable or worshipped as it is today

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u/Raveynfyre Jan 15 '22

A different world and morals today sadly.

I really wish some things had never changed.