Obviously I’d use the formula that was created around 1979.
Insulin prices in the U.S are insanely high priced which causes a stressful quality of life for individuals with diabetes including myself.
My idea is to create a business which makes insulin and sells it for a much smaller profit margin that it’s currently being sold at.
As of right now insulin is priced in the thousands without insurance paying for it. My price would be $20 flat. The cost to make insulin is around a dollar.
I have a couple questions.
I’m 19 and have little experience in the business world. Are the drug companies too monopolized to compete with?
What would be the best way to find a scientist to help me complete this vision and is this a reasonable idea and business model?
Insulin prices in the U.S are insanely high priced which causes a stressful quality of life for individuals with diabetes including myself.
My idea is to create a business which makes insulin and sells it for a much smaller profit margin that it’s currently being sold at.
As of right now insulin is priced in the thousands without insurance paying for it. My price would be $20 flat. The cost to make insulin is around a dollar.
I have a couple questions.
I’m 19 and have little experience in the business world. Are the drug companies too monopolized to compete with?
What would be the best way to find a scientist to help me complete this vision and is this a reasonable idea and business model?
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