Drugs and medical devices rarely come from the nonprofit world....
There are more than 2, 600 for-profit pharmaceutical companies in the United States, but only three nonprofits have products on the American market. One of them is Medicines360, which in 2015 became the first nonprofit to introduce a medical device — an IUD....
The organization recounts meeting its goals: It expanded access to the device and introduced competition to the market and thus lowered prices. However, it also faced un
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2023-09-04 00:00:00.0