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They must care, otherwise Trump wouldn't have put ex-Eli Lilly executive Alex Azar in charge of the nation's healthcare portfolio. And let's not forget Trump's corporate tax cuts, which benefitted Big Pharm by an ADDITIONAL $6B during just the first year they went into effect. But yup, Repubs definitely put lowering prescription drug prices as a top priority. So much so that Trump also changed laws so that Big Pharm could source drugs from cheaper countries rather than enforcing domestic production rules, further increasing their profit margins.Oh, and do I think Eli Lillie cares?
I wonder who will be blamed when there is disruption in the insulin supply chain when the lower margins are not worth additional expansion. Oh, and I'm sure many will be laid off at lilly. But, dems know whats best for you
You should take a minute to look up insulin production costs. At $35/month Lilly still minting money.
Cute, you assume inflation of materials wages, shipping, safety protocols, and regulations will remain static. Eventually, Margins will be reduced, and this $35 "copay" won't last. When they raise it to $50, you're type will be the first to call it profiteering
"Your type" lol
You mean the type who stand up for the everyday American workers instead the type who kneels and bootlicks corprate CEO's who are getting getting paid 10's of millions of dollars per year in salary and stock options?
Biosynthesis ended fears of a shortage of animal pancreas, and has made insulin cheap to produce: human insulin has an estimated production cost of US$2.28–3.37 per 1000 unit vial [22]. Allowing for 30% profit, a year's supply for someone who takes 40 units per day should cost less than US$71 per year.Mar 11, 2022
The insulin market reaches 100 - PMC (nih.gov)
otherwise Trump
So lets all pay 4x higher prices for everything, so that the tax man doesn't compensate by charging higher taxes?But I am skeptical that Eli Lilly is not going to collect the difference from me, the tax payor.