They could have run a non-profit organization that leases out access to the patent, with conditions on pricing and availability. IMO, the pair thought that a for-profit health industry would do the right thing, and were betrayed by the rich bastards of society.
Banting and Best sold the patent for $1. But they were Canadian.
The cost of insulin has nothing to do with intellectual property.
They could have run a non-profit organization that leases out access to the patent, with conditions on pricing and availability. IMO, the pair thought that a for-profit health industry would do the right thing, and were betrayed by the rich bastards of society.