insulin

“In 2021, U.S. Officials alleged that Novo Nordisk increased prices more than 600% between 2001 and 2019 in lockstep with competitors to the detriment of diabetics.”

“This is foreshadowing a little bit, but the era that we're in here in 1921, there is a firewall between industry and medical science, and it was perceived to be unethical to make money on taking your medical breakthroughs and sort of turning them into companie…”

“The first drug that they genetically engineered And that started this whole revolution was insulin.”

“The historical consensus at this point now being that it really was Banting and Best who did all the work.”

“Eli Lilly has publicly claimed that the cost of these discounts and rebates accounted for 75% of the sticker price of insulin.”

“To put that in more real numbers, that means that even by 1980, with all the advances, it took one million animals annually for 30,000 diabetes patients.”

“It takes 8000 pounds of pancreatic glands from 23,500 animals to make a single pound of human insulin.”

“In 1999, I think it was, Eli Lilly sold seven hundred million dollars of insulin in America. 1999. By 2017, just two of their products sold 2.6 billion dollars in America.”

“There's basically nothing other than food that you can sell someone for their entire life, but for diabetics, insulin absolutely has that scenario with a customer.”