When inventor Frederick Banting discovered insulin in 1923, he r

AdBlock Detected!

Thank you for reading & participating.

Spout Off is funded by advertising.

Please disable or pause your ad blocker to continue.

Wildwood Crest - When inventor Frederick Banting discovered insulin in 1923, he refused to put his name on the patent. Banting’s co-inventors, James Collip and Charles Best, sold the insulin patent to the University of Toronto for a mere $1. They wanted everyone who needed their medication to be able to afford it. Today, Banting and his colleagues would be spinning in their graves: Their drug, which many of the 30 million Americans with diabetes rely on, has become the poster child for pharmaceutical price gouging.

Print Publication Date: 
4/13/2022