THREAD:
I’ve decided I’m going to share terms that have to do with the insulin price crisis along with their definitions! I feel like it would help to educate. I’ll be sharing 1 word every couple of days. Feel free to RT and share. #insulin4all
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The Big Three Eli Lilly, Novo Nordisk, and Sanofi, the three insulin manufacturers that control more than 90% of the global insulin market.
#insulin4allpic.twitter.com/D0QI3RqoGv
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Pay-for-Delay Agreements These agreements occur when the brand-name pharmaceutical companies pay generic manufacturers to delay entering their cheaper, generic versions of the drug to the market, in order to prevent costly patent lawsuits.
#insulin4allpic.twitter.com/Nml8bO3cGR
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Oligopoly A state of limited competition, in which a market is shared by a small number of producers or sellers. See also: ‘The Big Three’
#insulin4allpic.twitter.com/px9LgUBky9
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Cartel An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restriction competition (see: The Big Three
). #insulin4allpic.twitter.com/RM3gNIh36G
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List price The initial cost of a medication set by a drug manufacturer. Example: the list price of 1 vial of analog insulin the the U.S. is around $300. If you have health insurance, you may pay less, depending on your copay or deductible.
#insulin4allpic.twitter.com/ABHBEvNhyH
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Kraj razgovora
Novi razgovor -
Čini se da učitavanje traje već neko vrijeme.
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