2021
DOI: 10.1016/s0140-6736(21)02402-8
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Origins of the insulin crisis: how a century of price-fixing controversies affects the cost of care today

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Cited by 4 publications
(5 citation statements)
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“…However, "financial toxicity" medicalizes a problem that is fundamentally socioeconomic-the development of a system that distributes health care as a discretionary consumer good, subject to the laws of supply and demand. When insulin prices skyrocketed, causing numerous avoidable deaths in patients with diabetes who were unable to afford it, 6 it was not caused by any change in the toxicity profile of the drug. Labeling this price-gouging as a "toxicity" obscures the intentionality of actions by pharmaceutical companies to increase profits.…”
Section: Language and Cognitionmentioning
confidence: 99%
“…However, "financial toxicity" medicalizes a problem that is fundamentally socioeconomic-the development of a system that distributes health care as a discretionary consumer good, subject to the laws of supply and demand. When insulin prices skyrocketed, causing numerous avoidable deaths in patients with diabetes who were unable to afford it, 6 it was not caused by any change in the toxicity profile of the drug. Labeling this price-gouging as a "toxicity" obscures the intentionality of actions by pharmaceutical companies to increase profits.…”
Section: Language and Cognitionmentioning
confidence: 99%
“…Without insulin, a person living with type 1 diabetes (T1D) cannot survive ( 1 ). Despite its discoverers’ intent that insulin be accessible to all who need it ( 1 3 ) and their desire to prevent its exploitation by monopolies ( 4 , 5 ), it has become a commercial product, grossing huge profits over recent decades ( 2 , 5 , 6 ). More than 100 years after its discovery, many people with T1D die because they cannot access or afford insulin and other essential diabetes supplies ( 7 – 9 ).…”
Section: Introductionmentioning
confidence: 99%
“…Others face extreme financial burdens, paying 20-100% or more of monthly income towards diabetes management ( 10 , 11 ). T1International ( https://www.t1international.com/ ), a non-profit advocating for the rights of people with T1D worldwide, and others have documented the countless deaths resulting from insulin rationing ( 5 , 12 , 13 ), and called for international declarations prioritizing insulin access ( 14 ). Market dominance by three insulin manufacturers ( 5 , 7 , 15 ), patent evergreening ( 16 ), price discrimination ( 6 ), and supply-chain inefficiencies ( 17 , 18 ) have been cited as contributors to high prices in the absence of governmental regulation ( 7 , 19 ).…”
Section: Introductionmentioning
confidence: 99%
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“…Free intellectual property made insulin a 'gentleman's market', and companies vied to make it available. The first vials marketed for around Canadian (CAD)$1, equivalent to ~CAD$12 in 2006, but the price soon came down [5] with insulin produced by Eli Lilly sold for 3.5% of its initial price in the 1930s [6].…”
Section: Introductionmentioning
confidence: 99%