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Going Underground Tweet – The Cost of Insulin

Summary:
Cost of manufacturing insulin ??: .00 Cost of manufacturing insulin??: .00 Cost of a vial of insulin in the US: Around 0 Cost of a vial of insulin in Canada: Around 'The free market drives down prices!' 'Greatest country in the world!' For who? Big pharma execs? ?

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Cost of manufacturing insulin ??: $6.00

Cost of manufacturing insulin??: $6.00

Cost of a vial of insulin in the US: Around $340

Cost of a vial of insulin in Canada: Around $30

'The free market drives down prices!'
'Greatest country in the world!' For who? Big pharma execs? ?

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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