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Author Topic: Young Gentleman Buys Rights to AIDS Drug, Raises Price From $13.50 to $750 a Pill  (Read 1123 times)

RandallS

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What this article doesn't say is that the drug is 60+ years old. There are no research costs to support or the like.

" When former hedge fund manager Martin Shkreli took over the rights to Daraprim as founder of Turing Pharmaceuticals, he conveniently raised the price "overnight" to the all American tune of an "almost 5,500 percent increase" in price. Daraprim is used to treat toxoplasmosis, a parasitic infection that's capable of causing life-threatening complications in infants and for "people with compromised immune systems," such as those with AIDS and even "certain" cancer patients."

Read the Article
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Altair

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Quote from: RandallS;180243
What this article doesn't say is that the drug is 60+ years old. There are no research costs to support or the like.

" When former hedge fund manager Martin Shkreli took over the rights to Daraprim as founder of Turing Pharmaceuticals, he conveniently raised the price "overnight" to the all American tune of an "almost 5,500 percent increase" in price. Daraprim is used to treat toxoplasmosis, a parasitic infection that's capable of causing life-threatening complications in infants and for "people with compromised immune systems," such as those with AIDS and even "certain" cancer patients."

Read the Article

 
I've been fielding outrage about this on Facebook all day. I hope this provides enough impetus for change, because this is atrocious, and this person is filth.
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RandallS

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Quote from: Altair;180249
I've been fielding outrage about this on Facebook all day. I hope this provides enough impetus for change, because this is atrocious, and this person is filth.

It would be nice if it would provide impetus for real change, but I suspect the pharmaceutical industry has more than enough money (thanks to being able to do crap like this) to buy enough members of congress via "campaign donations" to prevent much real change. :mad:
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veggiewolf

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Quote from: RandallS;180243
What this article doesn't say is that the drug is 60+ years old. There are no research costs to support or the like.

" When former hedge fund manager Martin Shkreli took over the rights to Daraprim as founder of Turing Pharmaceuticals, he conveniently raised the price "overnight" to the all American tune of an "almost 5,500 percent increase" in price. Daraprim is used to treat toxoplasmosis, a parasitic infection that's capable of causing life-threatening complications in infants and for "people with compromised immune systems," such as those with AIDS and even "certain" cancer patients."

Read the Article

 
Calling it an AIDS drug is inaccurate.  I can't stand sensationalist headlines.
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Redfaery

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Quote from: veggiewolf;180310
Calling it an AIDS drug is inaccurate.  I can't stand sensationalist headlines.

 
That's true. Isn't it for toxoplasmosis? Something that doesn't give trouble except to immunocompromised people...or pregnant folk.

Actually makes it even worse, IMO.
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sailor

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Quote from: Altair;180249
I've been fielding outrage about this on Facebook all day. I hope this provides enough impetus for change, because this is atrocious, and this person is filth.

 
What do you (generic you) want to change?  The drug is off patent, so anybody with the money can start making it.

Of note, I suspect that very few people pay the price listed, it's insurance companies and the govt that pay the full price. That doesn't make it any better, but does add some nuance to the issue.

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