Comment Re:Self-funded Municipal Insurance? (Score 5, Insightful) 206
The drug in question has been in use since 1952. There is no monopoly with state funds.
The problem is that any competitor that might enter the market will only be able to sell at about $40/vial while the current price is $40,000/vial due to the monopoly. The manufacturer already bought the rights to a low cost synthetic analog and shelved it. The invisible hand is pinned to a desk with a dagger through it's palm.
This case screams for government intervention. Sitting in the pumpkin patch sure that our sincerity will surely bring the Great Pumpkin^W^W Invisible Hand THIS time simply isn't working.