Perspective: The members of the team that discovered insulin sold the patent to the University of Toronto for $1 each because they felt that the drug belonged to the public. Today, insulin is inaccessible to thousands of Americans because of its high cost.
Nearing the 100th anniversary of insulin's discovery: 👉Original rights sold for $1. "Insulin...belongs to the world" 👉Yet Americans pay $100s/mo for this lifesaving drug 👉$300 insulin in US costs $20 in Canada calls for solution to this crisis
Perspective: The U.S. Insulin Crisis — Rationing a Lifesaving Medication Discovered in the 1920s
Great paper by and on the insulin crisis in the US. We should be ashamed as a society that we are forcing patients to ration a lifesaving medication discovered in the 1920s because of costs!
"[A]s solutions to the insulin-cost crisis are being considered, there is value in remembering that when the patent for insulin was first drafted in 1923, Banting and Macleod declined to be named on it. Both felt that insulin belonged to the public."
An article about "rationing" of a medicine "discovered in 1922" (insulin) that doesn't have the words: "net," "gross," "rebate," "human/analog" or mention details of recent price cuts. How is this remotely helpful in the very important debate over prices?
The US #Insulin Crisis: In 1923 the discoverers of insulin sold the patent for $1 each saying ”it belongs to the world”, but now it is inaccessible to thousands of Americans due to its high cost - #AccessToMedicines #Insulin4All
The U.S. Insulin Crisis — Rationing a Lifesaving Medication Discovered in the 1920s | NEJM
The U.S. Insulin Crisis — Rationing a Lifesaving Medication Discovered in the 1920s | NEJM
The U.S. Insulin Crisis — Rationing a Lifesaving Medication Discovered in the 1920s | NEJM
ICYMI: The U.S. Insulin Crisis in a nutshell.
"The U.S. Insulin Crisis — Rationing a Lifesaving Medication Discovered in the 1920s"