Skip to main content
Default Image

Perspectives: Pelosi’s Aggressive Drug Pricing Plan Doesn’t Even Have To Pass To Scare Pharma

Stat: Insulin Shows Why We Need A Public Option In The Pharma Industry: When Frederick Banting, Charles Best, and James Collip filed for a U.S. patent on insulin in 1923 and sold it to the University of Toronto for $1 each, they did it because, as Best once said, “insulin belongs to the world. ”They also believed that securing the patent was a form of publication, and wrote to the university president, “When the details of the method of preparation are published anyone would be free to prepare the extract, but no one could secure a profitable monopoly. ”Sadly, they were mistaken.” (Dana Brown and Elizabeth Pfiester, 9/10)

Publication date: 2019-09-10
Parent publication: Kaiser Health News
Publication URL: https://khn.org/morning-breakout/perspectives-pelosis-aggressive-drug-pricing-plan-doesnt-even-have-to-pass-to-scare-pharma/

More related work

August 31, 2020
Default Image

Climate Justice Fellow

Climate Justice Fellow The Democracy Collaborative is seeking a Climate Justice Fellow to provide support to the Climate & Energy Team and advance its mission to manage a just transition off extractive, fossil fuels and design pathways towards a clean energy system based on energy democracy

read more
August 17, 2020
Default Image

Fall Research Intern

NOTE: The deadline for this application was 9/14/20 and the application window is now closed. We are currently reviewing applications and will be in touch with candidates soon. Research Internship The Democracy Collaborative is hiring for a part-time, paid intern position focused on providing

read more
July 7, 2020
The role of regional cooperative banks

The role of regional cooperative banks in community wealth building

An important shift brought about by the community wealth building movement is towards regionalizing and localizing financial flows and keeping money in communities through initiatives such as local currencies and community banks. This is now rapidly catching on in the UK.

read more