Can you explain to me where the majority of insulin used in the United States originates from? I'm curious to understand the supply chain and sources of this vital medication for diabetics. Is it produced domestically, or does the US rely heavily on imports from other countries? If imports play a significant role, which nations are the primary suppliers? Additionally, how does the supply of insulin in the US compare to global production and demand trends?
5 answers
Andrea
Fri Sep 13 2024
The landscape of insulin supply in the United States is dominated by a select few players. Novo Nordisk, Sanofi, and Eli Lilly stand out as the primary providers, collectively known as the 'Big Three'.
DongdaemunTrend
Fri Sep 13 2024
This triopoly holds a formidable grip on the global insulin market, accounting for over 90 percent of its share. Their dominance underscores the concentration of power within this crucial healthcare sector.
CryptoAlchemy
Fri Sep 13 2024
Insulin, a vital medication for millions of diabetics worldwide, is thus heavily influenced by the strategies and decisions of these three corporations.
Andrea
Thu Sep 12 2024
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