How does that lead to a natural monopoly?
The drug was approved in 1965 and the company selling it holds no patents on indomethacin.
The drug was approved in 1965 and the company selling it holds no patents on indomethacin.
If I had to hazard a guess, it may be the market isn't attractive enough for competitors to establish a national supply chain. Or there's some sort of collusion at play.
To me this represents further evidence why public goods should be left out of the hands of private for profit organizations for whom disease is simply an externality to capitalize on.