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this post was submitted on 05 Aug 2023
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Isn’t the catch that the funds for R&D for the advance kind of insulin extraordinarily expensive so that’s why the price is so ridiculously high?
Do you know how little of their own money pharma companies spend on R&D? The majority of their budget is for advertising and marketing. Most of their R&D budget is from government grants i.e. taxpayer money. Meaning more often than not you are paying twice for life-saving drugs.