Monday, July 4, 2022

January 31, 2017: The Pharmaceutical Companies Raise Insulin Prices by 700%

 

1/31/17: Executives at Sanofi, Novo Nordisk and Eli Lilly celebrate a huge increase in profits after colluding to jack up insulin prices. Insulin is required to keep 3,000,000 type-1 diabetics in this country alive. (Prices have spiked by 700% in the last twenty years.) Trump admits drug makers are “getting away with murder,” but a GOP-controlled Congress remains intent on turning a blind eye to the murderers. 

Meanwhile, for every one regulation the Food and Drug Administration enacts, Trump insists they must get rid of two, because regulations are always bad and business, as in Big Pharma, is always good. 

That’s GOP gospel. (See, also: 7/20/17; 10/29/17; 5/27/19; 8/24/19 and 1/20/20, among others.)


Without insulin, type-1 diabetics will die.


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