The insulin racket: why a drug made free 100 years ago is recently expensive

The insulin racket: why a drug made free 100 years ago is recently expensive

In the two years since her son’s death, Smith-Holt has fought alongside diabetes patients and their allies to make insulin the public face of the drug-pricing crisis. That included a pharmaceutical company in Indianapolis called Eli Lilly and Company, which had expressed interest in manufacturing insulin for humans as soon as they caught wind of the Toronto team’s research. Moreover, there was reason to believe the Department of Justice was prepared to intervene on behalf of exploited diabetes patients, after leveling small antitrust violation fines in 1941 to three players in Lilly’s insulin supply chain.

Source: prospect.org