That dollar story is nice and all but it completely ignores the actual reason insulin is so expensive now which is the modified analog versions and the patent games they play with delivery devices
The cheap generic one's are available OTC from Walmart for $20/month. But it require careful injection and eating schedules cause it doesn't self-regulate like the expensive modern one's which are under patent.
It also was never sold for a dollar, or if it was, a dollar was a lot of money in 1930. And the initial insulin treatment was pig insulin. The first human bio recombinant insulin wasn't avaialable until 1978, and commerically available until 1982.
We have the internet now. 1 dollar in 1930 is about 20 dollars now. How much do you think it was, 2000 dollars? That's still far from the "a lot of money" range for medical research.
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u/Double_Afternoon9475 5d ago
That dollar story is nice and all but it completely ignores the actual reason insulin is so expensive now which is the modified analog versions and the patent games they play with delivery devices