Insulin Shortage by 2030

elsbet

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My guess... and I don't watch television myself. Youtube and some Netflix, yes-- but regular programming-- absolutely not. Because of crap like this.

What are they really saying.. they wont be able to produce it fast enough? Nooo... the patents are expiring!

*NOTE: OUTSIDE THE U.S., GENERICS ARE AVAILABLE. THIS IS CNN BU****IT.

Something a little closer to the truth:

Why is Insulin So Expensive in the US?

The most recent insulin patents have expired, paving the way to more competition. The FDA has also decided to allow biosimilar versions of insulin onto the market. These are substances that act in a similar way to existing forms, but are not necessarily identical.

...the answer is clear. A more affordable version is needed.

LINK
 

Dalit

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My guess... and I don't watch television myself. Youtube and some Netflix, yes-- but regular programming-- absolutely not. Because of crap like this.

What are they really saying.. they wont be able to produce it fast enough? Nooo... the patents are expiring!

*NOTE: OUTSIDE THE U.S., GENERICS ARE AVAILABLE. THIS IS CNN BU****IT.

Something a little closer to the truth:

Why is Insulin So Expensive in the US?

The most recent insulin patents have expired, paving the way to more competition. The FDA has also decided to allow biosimilar versions of insulin onto the market. These are substances that act in a similar way to existing forms, but are not necessarily identical.

...the answer is clear. A more affordable version is needed.

LINK
Very interesting. So it's really the US and not so much other countries that need to worry since they have more generic insulin available.
 

elsbet

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Very interesting. So it's really the US and not so much other countries that need to worry since they have more generic insulin available.
I dont think it's a quantity issue. I think it's a ruse, and a precursor to a new, more expensive treatment. Or just a more expensive treatment.

The article you posted from CNN cited future statistics that dont exist. It was an IF / THEN scenario, set 12 YEARS in the Future, meant to scare you into submission-- could be more invasive insurance requirements to get a "discount" (that is, to avoid a penalty charge) on your premium.

Have a look, yourself-- here's another article.

And from another:

... more than 90 percent of privately insured patients with Type 2 diabetes in America are prescribed the latest and costliest versions of insulin.

But it’s not clear that these newer formulations are significant improvements on older ones, the researchers wrote. “The data are not definitive on whether insulin analogues being used today are safer or more effective for most patients with type 2 diabetes than human insulins used widely in the 1990s, for which the main patents have expired.LINK. This is a good article btw on the history of the drug, whose original makers refused to patent. Because it's wrong.
---

The US (citizen) pays more than other countries for drugs. And drug makers endlessly try to renew patents to keep the profits HIGH. I have a deep, personal loathing of the pharmaceutical industry. The European and and Asian markets have safety warnings and mandates that arent required here. That's fundamentally wrong, and countless people suffer (and die) needlessly because of that.
 

Dalit

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I dont think it's a quantity issue. I think it's a ruse, and a precursor to a new, more expensive treatment. Or just a more expensive treatment.

The article you posted from CNN cited future statistics that dont exist. It was an IF / THEN scenario, set 12 YEARS in the Future, meant to scare you into submission-- could be more invasive insurance requirements to get a "discount" (that is, to avoid a penalty charge) on your premium.

Have a look, yourself-- here's another article.

And from another:

... more than 90 percent of privately insured patients with Type 2 diabetes in America are prescribed the latest and costliest versions of insulin.

But it’s not clear that these newer formulations are significant improvements on older ones, the researchers wrote. “The data are not definitive on whether insulin analogues being used today are safer or more effective for most patients with type 2 diabetes than human insulins used widely in the 1990s, for which the main patents have expired.LINK. This is a good article btw on the history of the drug, whose original makers refused to patent. Because it's wrong.
---

The US (citizen) pays more than other countries for drugs. And drug makers endlessly try to renew patents to keep the profits HIGH. I have a deep, personal loathing of the pharmaceutical industry. The European and and Asian markets have safety warnings and mandates that arent required here. That's fundamentally wrong, and countless people suffer (and die) needlessly because of that.
What struck me the most from the Vox article was this:

"Drug companies haggle separately over drug prices with a variety of private insurers across the country. Meanwhile, Medicare, the government health program for those over 65, which is also the nation's largest buyer of drugs, is actually barred from negotiating drug prices."

Guess this is why we have the FDA in America. Our food is less healthy, too. You're right that countless people suffer because of that, the lack of safety warnings, etc. And why not let Medicare have a say? Wow.
 

manama

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Insulin is mostly made by genetically engineered bacteria anyway, as compared to us taking it out of dead animal carcass at one time. I don't see how there can be a shortage. Then again if a large population is diabetic, there can only be so much insulin in the market as its really difficult to make.

The US (citizen) pays more than other countries for drugs.
Because you have NO health care and rely on insurance.
 

elsbet

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Insulin is mostly made by genetically engineered bacteria anyway, as compared to us taking it out of dead animal carcass at one time. I don't see how there can be a shortage. Then again if a large population is diabetic, there can only be so much insulin in the market as its really difficult to make.
Yes, very informative articles. But which is it?

Because you have NO health care and rely on insurance.
Ahh... and you aren't taxed to hell and back for your *free* health care for which you must wait (and wait).

Shame obstinance isnt treatable. :p
 

manama

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Ahh... and you aren't taxed to hell and back for your *free* health care for which you must wait (and wait).
Its called thinking for the masses, for some tax (which you pay in US anyway, it just doesn't go to healthcare) if you have any kind of medical emergency, you don't have to worry about money. And if its something major and life threatening, instead of waiting you CAN get treated.
Its different in the US where if your arm breaks, you either have insurance or a bankruptcy.


And you reap what you sow, you can't be against healthcare and then complain about higher cost of medicine as compared to EU or Asia. Beggars can't be choosers.


Yes, very informative articles. But which is it?
Which is what?

Shame obstinance isnt treatable. :p
Not that it matters, if it were you'd be against paying for its treatment anyway. And then people wonder why US is pretty much a failure for what it is.
 

elsbet

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@manama

And you reap what you sow, you can't be against healthcare and then complain about higher cost of medicine as compared to EU or Asia.


lol .. as though I have any control over it. :rolleyes:

And yes, I can-- especially when the prices are artificially inflated, and companies are not forced to compete across state lines. Corporate monsters (eg Lily, Pfizer, etc) create new drugs just to hold hold the patent (that means no generics allowed), and triple the prices (or more, in many cases) of existing drugs, at will. If patients are not aware of this, they dont know they can ask the doc for a less expensive generic. The system does not operate as it should-' nor is it as black and white, as you've been led to believe.

Now...
If you'd like to create a thread about American insurance vs Socialism, I'm sure you'll get plenty of responses-- but I'm not going to continue to derail @Dalit 's thread on the matter.
 

Dalit

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It's okay, @elsbet . Just wondered if the news on a 2030 shortage was for real since so many have diabetes and more may get it. I can see it's mostly the high costs of medicine driven up by pharmaceutical companies now.
 

manama

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And yes, I can-- especially when the prices are artificially inflated, and companies are not forced to compete across state lines. Corporate monsters (eg Lily, Pfizer, etc) create new drugs just to hold hold the patent (that means no generics allowed), and triple the prices (or more, in many cases) of existing drugs, at will. If patients are not aware of this, they dont know they can ask the doc for a less expensive generic. The system does not operate as it should-' nor is it as black and white, as you've been led to believe.
Now...
If you'd like to create a thread about American insurance vs Socialism, I'm sure you'll get plenty of responses-- but I'm not going to continue to derail @Dalit 's thread on the matter.
The system can't operate when there isn't a system.
Don't want to create a thread about it, don't care. I just find it amusing how people are okay with no healthcare to the point where no insurance = bankruptcy. This isn't even about insulin. You said that USA has to pay more for medicines as compared to the rest of the world. I just told you why.
 
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