[“Do you know how much it costs to make that insulin drug for diabetes? … It was invented by a man who did not patent it because he wanted it available for everyone. I spoke to him, OK?” Biden claimed.
Dr. Frederick Banting and professor John James Richard Macleod were awarded the Nobel Prize in medicine in 1923 for their 1921 discovery of insulin. Banting died in 1941 and Macleod in 1935. Biden was born in 1942.
Banting refused to put his name on the insulin patent because he felt it was unethical to do so as a physician who had taken the Hippocratic oath. Macleod similarly declined to be named on the patent.]
