Insulin can be made and purified in a setup that would fit in a garage with less than $100K of equipment. This is what happens when regulations destroy capitalism.
So pocket change for the people that produce it and impossible to buy for others.
I look forward to the possibly inevitable time when people can produce most anything at home with the right data and raw material.
I believe he's pointing out that without the red tape, it wouldn't be very difficult for competitors to pop up to challenge current prices and create more supply.
They are.
Can you loan me 100k?
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