This reminds me of Palforzia. It’s a relatively new medication used to induce tolerance to peanuts for children with mild to moderately severe peanut allergies. It’s just under $900 a month ($11,000/year) for weekly dosing under a doctor’s supervision, and the effect only lasts as long as the treatment continues.I hold three patents on devices that are unmarketable simply due to projected liability insurance costs. All are for attractive, remarkable and innovative products, causing sufficient demand to far exceed investment, mold costs, etc.
What level of liability incurs with SCUBA gear? Flippers, masks, regulators, or...how about inserting goo into the pressurized Reg Set system? What could possibly go wrong?
And really, that’s not the issue. You can have the safest widget in the world, once you enter into a certain group of products, you share that liability burden equally. Frustrating but true.
I don’t bother to make things, been there, done that. I sell my patents. Once liability insurance figures in, i have nothing any manufacturer would be interested in.
Now, factor in the extremely limited application and market.
The numbers will defeat you.
In reality, it is merely a very carefully measured dose of peanut flour costing literally pennies a capsule; what you are paying for is the measuring and literature and FDA approval, and then you’ll pay on top of that for administration under medical supervision for possible anaphylaxis, and then you’ll pay for the treatment of the anaphylaxis. Well, maybe your insurance will pay.
Of course, I’m the guy who used to service his own family’s ski bindings without formal training and is now responsible for the regulators, so don’t do as I do at all.