Forum: Internet Links
Topic: pharma bro
started by: Malcolm

Posted by Malcolm on Sep. 23 2015,10:39
< The latest > internet pariah.
QUOTE
Over the past week, the 32-year-old has become public enemy No. 1 thanks to his company’s decision to raise the price of a life-saving drug by more than 4,000 percent, from $1,130 to $63,000.
...
When confronted Sunday on Twitter by a journalist covering the drug industry, Shkreli said hiking the price of Daraprim was simply a “business decision.”

“It’s a great business decision that also benefits all of our stakeholders,” Shkreli said. “I don’t expect the likes of you to process that.”

When the journalist questioned hiking the price “5,000%,” Shkreli called him “a moron.”

Posted by Alhazad on Sep. 23 2015,19:36
Dude wants to be the Donald so bad.
Posted by Malcolm on Sep. 23 2015,20:07

(Alhazad @ Sep. 23 2015,21:36)
QUOTE
Dude wants to be the Donald so bad.

I shudder to think who his running mate will be IF he's still around then.  Pretty much every card carrying GOPer hates him.  I could see him getting Fiorina.
Posted by Malcolm on Oct. 23 2015,11:00
< Hah >.
QUOTE
...a maker of compounded drugs will begin selling $1 doses of Daraprim, whose price recently was jacked up to $750 per pill by Turing Pharmaceuticals.
...
Turing's Shkreli, under fire from all sides, said late last month that he would lower the price of Daraprim, but hasn't so far. A Turing spokesman didn't respond to a request for comment Thursday but recently noted the company is capping patient copayments at $10.

Cool, so you aren't screwing the sick people directly, but you're doing it by gouging their insurance companies.

Posted by Malcolm on Dec. 13 2015,19:39
< No word > on when he plans to shave his head, buy a Nehru jacket, and get a white cat.
QUOTE
Shkreli ... swiftly moved to buy up the shares of KaloBios Pharmaceuticals, which produces benznidazole, a treatment for Chagas disease in South and Central America. There, where the disease is most common, the two month treatment for Chagas costs between $50 and $100. If Chagas goes untreated, 30% of those afflicted can develop serious heart problems.

According to the New York Times, who spoke with Shkreli on a conference call (was he stroking a lizard in front of a giant fireplace?), this treatment would come State-side pending FDA approval and would likely cost in the range of $50-60,000 a treatment, on par with Hepatitis C. I can’t even do the math on that markup:

Prick.

Posted by Leisher on Dec. 17 2015,06:14
< Arrested on fraud charges. >
Posted by Malcolm on Dec. 17 2015,14:46

(Leisher @ Dec. 17 2015,08:14)
QUOTE
< Arrested on fraud charges. >

Maybe that Wu-Tang album sees the light of day after all.
Posted by Leisher on Dec. 17 2015,15:13
< Most defense lawyers think he's an idiot. >
Posted by Malcolm on Feb. 04 2016,10:59
< In front > of fellow criminals.
QUOTE
The two companies' executives insisted they were committed to ensuring that cost isn't a deterrent for patients who need the drugs.
...
Shkreli said in an email to one contact: "We raised the price from $1,700 per bottle to $75,000. Should be a very handsome investment for all of us."
...
Valeant likewise identified revenue goals first and then used drug prices to reach them, committee staff said in a memo. It said Valeant believed it could repeatedly raise the prices of Nitropress and Isuprel without repercussions because they're administered by hospitals, which are less price-sensitive than consumers.

Ah, so it's totally OK to fuck over the hospitals serving the patients instead of the patients themselves.  Got it.

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