Originally Posted by
Mark in Ottawa
I may have mentioned this before but Insulin was developed about a century ago at the University of Toronto. The developer was Frederick Banting, a family doctor from London Ontario who convinced the head of research at the University to let him use a lab and some high level support staff during the Summer when the students were off. A couple of years later, he won the Nobel Prize for his work. In this case perhaps it should be spelled noble rather than Nobel because he and his associates agreed to sell the patent to the university of Toronto for $1 so that it could be distributed to those who needed it at the lowest possible price. So here we are now in 2022 and the current versions of the product in the USA are so expensive that people can't afford to buy it. I understand that in Canada you can get it over the counter at a pharmacy without a prescription at a price that is so low that there are literally busloads of "medical tourists" coming over the border to buy it. I should also mention that Banting was knighted a few years later.