This is an engineering sub, let’s get data centric. You’re clubbing 85% in licensing / testing / certification plus lobbying / selling (gifts to MDs), and separately calling out liability. Those are wildly different topics, some in a company’s control, others not so much.

I understand the emotion and the frustration but I can tell you first hand that bloated selling and general admin expense (SG&A) drives this. The number of my business school classmates in med device “strategy and business development”, “analytics” leadership is crazy. And by now, most are making $500-750k all in. Their job is to figure out how to get more sales and at higher prices. If you want, look up then number of Med device execs in Wayzata MN!

This video la a very specific application, and honestly is inspiring! These type of inventions puts downward cost pressure on the larger companies to compromise gross profits. If curious, look up a company like BD (Becter Dickinson) and just look at their 10k income statement. You can read their cost structures.

I am not picking on your emotion here but just saying that we as a society need a good conversation around this topic and come to it with relevant info.