Sep 21, 2015 4:26 PM

beepbeepmeow

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289993

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7415

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283

This is Martin Shkreli, 32. Former hedge fund manager, current pharmaceutical businessman, and all around fucknut. He's the CEO of Turing Pharmaceuticals, which just purchased the drug Daraprim. Daraprim is used for treating toxoplasmosis, an "opportunistic parasitic infection that can cause serious or even life-threatening problems" in infants and people with AIDS, cancer, and other folks with compromised immune systems. People need this medication to live. Remember now that Mr. Shkreli is a fucknut.

TIL Martin Shkreli snorts ashes of cremated Shiba Inu puppies that died of canine GM1 gangliosidosis off his Once Upon a Time in Shaolin album

This fucknut raised the cost of this drug from $13.50 per pill to $750 per pill. SEVEN HUNDRED AND FIFTY DOLLARS PER PILL.

He says he shouldn't face criticism for this obvious price gouging of the desperate because the extra funds will go back into research of this drug. He's full of shit. Actual researchers say there is very little research to be done on this particular drug, and he's pulled this shit before: In 2011 he bought another drug company and raised the prices of their old mainstay drugs, fucked over a ton of people, and used the money to pay back investors he fucked over when he was a hedge fund manager. And now that drug company's board is suing him for it.

So people should die because this fucknut sucks at life?

SOURCES:
Retrophin, Inc. Sues Shkreli: http://archive.fast-edgar.com//20150817/A522K22EZZ2R8JZ222ZG2ZXRMTBIEZ22N27Q/
Story Article 1 (RawStory): http://www.rawstory.com/2015/09/ex-hedge-funder-buys-rights-aids-drug-and-raises-price-from-13-50-to-750-per-pill/
Story Article 2 (NYTimes): http://www.nytimes.com/2015/09/21/business/a-huge-overnight-increase-in-a-drugs-price-raises-protests.html

FP edit: y'all are clearly angry about this as I am. That's a reasonable response to this kind of fucknuttery. But it's not reasonable to threaten violence against him or anyone. And it's stupid to claim "rhetorical" when you talk about methods and plans and justify them, regardless of whether or not you're serious. That turns a reasonable anger that can become something constructive into something very ugly instead. This is one guy who is a fucknut. The problem with the system has a face now, but the problem is still the system that exploits sick people. Will you take action against the fuck Nut or the fuck Tree? My efforts will go toward ending Big Pharma's (and every lobby's) corrupting influence in politics which pays for deregulation against the will of the people via http://www.wolf-pac.com. Your solution may be different. Whatever it is, your energy is probably better spent there than fantasizing about violence here.

[off soapbox]

Why hasn't he been fired???

10 years ago | Likes 4 Dislikes 0

I hope he gets dead.

10 years ago | Likes 5 Dislikes 0

But no one bats an eye when the head of the CDC owns & then sells stock in the Pharma company she's investigating/becomes President of...

10 years ago | Likes 11 Dislikes 1

When Capitalism was invented there was no such thing as a "life saving" drug. Capitalism fails at certain 21st-century problems.

10 years ago | Likes 6 Dislikes 0

10 years ago | Likes 145 Dislikes 3

That's fast

10 years ago | Likes 7 Dislikes 0

I love this.

10 years ago | Likes 8 Dislikes 0

Looks like a douchebag

10 years ago | Likes 143 Dislikes 6

Well, I'd say we have enough proof to classify him firmly as a douchebag

10 years ago | Likes 27 Dislikes 0

Can I kill it?

10 years ago | Likes 2 Dislikes 0

I doubt anyone would disapprove

10 years ago | Likes 1 Dislikes 0

Love living in Australia, where public healthcare is free

10 years ago | Likes 6 Dislikes 0

Worry not, if the great irony gods have anything to say about this, within a decade he'll have AIDS and Cancer

10 years ago | Likes 7 Dislikes 1

Which he can finance the medication of thanks to his lovely hedge fund endeavours. Fuck capitalism, fuck the economy and all its loopholes.

10 years ago | Likes 1 Dislikes 0

I've said it before and I'll say it again. I wouldn't even piss in his mouth if his teeth were on fire.

10 years ago | Likes 13 Dislikes 1

He must be of the sith

10 years ago | Likes 4 Dislikes 0

you misspelled "shit"

10 years ago | Likes 2 Dislikes 0

Can the people who need this drug collectively sue this asshole so he sees how many people he's trying to kill?

10 years ago | Likes 12 Dislikes 2

No. Further, this is a non-patented generic drug. You can get it from someone else.

10 years ago | Likes 2 Dislikes 1

i'd think a lengthy and expensive lawsuit might be beyond the means of poor people currently dying of aids

10 years ago | Likes 3 Dislikes 0

If i needed this drug, I think i would figure "I'm effed anyway, may as well kill him."

10 years ago | Likes 8 Dislikes 1

To think he cares is naive. Go check out his Tweets.

10 years ago | Likes 5 Dislikes 1

How about we make a PiƱata out of him...

10 years ago | Likes 13 Dislikes 1

What a cunt.

10 years ago | Likes 12 Dislikes 1

"..... dude" -Hitler

10 years ago | Likes 1066 Dislikes 10

2 words to sum it up perfectly.. Well done.

10 years ago | Likes 17 Dislikes 2

@Hitler

10 years ago | Likes 2 Dislikes 3

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[deleted]

10 years ago (deleted Nov 24, 2015 1:36 AM) | Likes 0 Dislikes 0

stop

10 years ago | Likes 1 Dislikes 0

Read the NY Times article. Free perhaps, but still unavailable.

10 years ago | Likes 6 Dislikes 0

Hitler had very good morals, except for the whole... Murder and racism thing... Which kind of fucks it all up. I still despise him.

10 years ago | Likes 1 Dislikes 0

Well yeah. The fucked up thing aside he was a great leader and friend.... ugh but those jews

10 years ago | Likes 1 Dislikes 0

He'd be one of the greatest world leaders in history if not for the whole genocide thing he did.

10 years ago | Likes 2 Dislikes 0

I was gonna say this does seem a bit like a genocide with how many will die because of this price jump

10 years ago | Likes 56 Dislikes 1

[deleted]

[deleted]

10 years ago (deleted Sep 22, 2015 3:43 PM) | Likes 0 Dislikes 0

I think you forgot some

10 years ago | Likes 2 Dislikes 0

You can see that t-?

10 years ago | Likes 2 Dislikes 0

"my nigga!" -Mao

10 years ago | Likes 32 Dislikes 3

10 years ago | Likes 11 Dislikes 0

I don't understand how this is legal in America. I know, I know capitalism and freedome etc. But this is quality of life. Or JUST life. Fuck

10 years ago | Likes 5 Dislikes 0

Because America is a plutocracy.

10 years ago | Likes 2 Dislikes 1

America doesn't have either of those things.

10 years ago | Likes 5 Dislikes 1

Because we outlawed slavery so you can't force him to work for a price he doesn't want. Stop thinking like a dictator, please.

10 years ago | Likes 1 Dislikes 7

He is selling a drug that costs $1 to make for $750. That's not slavery, it's profiteering, which is illegal.

10 years ago | Likes 1 Dislikes 1

Are you serious? You realize I think healthcare should not be an industry, rather than a socialized service for everyone, yeah?

10 years ago | Likes 3 Dislikes 0

Service, even a "socialized" one, is performed by people. He's the only one making this drug and that has nothing to do with the law.

10 years ago | Likes 1 Dislikes 5

I don't think privatized profits from medicine through patents should be a thing. If he's the only to deliver, sure, but prohibiting it? No.

10 years ago | Likes 1 Dislikes 0

that's basically increasing prices by 5555%... which is insane bordering on sadistic

10 years ago | Likes 501 Dislikes 5

Capitalism! The price is what people are willing to pay.

10 years ago | Likes 3 Dislikes 8

LOL

10 years ago | Likes 1 Dislikes 0

Apparently people who can't afford it will be given for free.Still doesn't justify treating insurance as a bottomless moneypit under the 1/2

10 years ago | Likes 3 Dislikes 0

2/2 guise of advancing research. Hes more indicative of how fucked the system is than anything else, taking advantage of it.

10 years ago | Likes 3 Dislikes 0

Heinz's Dilemma?

10 years ago | Likes 2 Dislikes 0

Ok so in South Africa (where we need this meds a lot) $13,50= R180, which is more than what you make on min. wage in a day.(+-$1 an hour).

10 years ago | Likes 1 Dislikes 0

This is a generic pill. There is no patent. Anybody can make it. This is a guy putting his company out of business. Not a story.

10 years ago | Likes 2 Dislikes 3

Bordering? Dude, we're way past that.

10 years ago | Likes 39 Dislikes 0

That IS sadistic. No other way to describe it. Sadistically greedy.

10 years ago | Likes 121 Dislikes 0

Technically it is sadistic only if he takes pleasure in the pain he inflicts. It's just abhorrently greedy if he doesn't.

10 years ago | Likes 14 Dislikes 0

He argues in an interview that the drug is still CHEAP compared to its peers. Which may be true but damn it doesn't make it right.

10 years ago | Likes 29 Dislikes 0

A sociopath's "justification," if you can call it that. Also isn't the bandwagon excuse a bit childish? "Oh, everyone else is doing it!"

10 years ago | Likes 1 Dislikes 0

Ugh, he is such a fucking snake oil salesman. Unbelievable.

10 years ago | Likes 5 Dislikes 0

Bordering on satanic. Why not go the full 6666%?

10 years ago | Likes 17 Dislikes 0

Why not all the 9's? Why be the lesser evil?

10 years ago | Likes 2 Dislikes 0

Pfft. I know a satanist, and he's basically Jesus compared to this guy.

10 years ago | Likes 7 Dislikes 0

I know a Satanist who refuses to pirate anything because it is unethical.

10 years ago | Likes 7 Dislikes 0

Damn. He's more ethical than I am. The thatmusicguy69 feels... Conflicted.

10 years ago | Likes 2 Dislikes 0

https://www.youtube.com/watch?v=vx6Ct8kG0iU

10 years ago | Likes 5 Dislikes 0

That was so so funny

10 years ago | Likes 1 Dislikes 0

hahaha that was great

10 years ago | Likes 1 Dislikes 0

Subscribed ! really liked this guy

10 years ago | Likes 1 Dislikes 0

He's the kind of guy that needs to get a disease and be told "Sorry, we can't research it because the money went to investors."

10 years ago | Likes 30 Dislikes 2

And then be left out in the cold to rot. No pity Disney crap in the end.

10 years ago | Likes 1 Dislikes 0

This drug is not protected by patent. Instead of complaining on the internet go make it and give it away. Lack of competition caused this.

10 years ago | Likes 39 Dislikes 14

Brb

10 years ago | Likes 15 Dislikes 0

Sadly the need for profit for the system to run is one of the roots of this problem

10 years ago | Likes 4 Dislikes 2

This is not a problem. You can order it from an overseas pharmacy and voila, it's cheap.

10 years ago | Likes 1 Dislikes 0

The problem is not profit. It was actually the lack of profit. At 13.50 no other companies bothered. They will bother now.

10 years ago | Likes 2 Dislikes 0

There is competition - the drug is widely manufactured outside the USA.

10 years ago | Likes 4 Dislikes 0

The problem is that if an indian company got approval to sell it - he could simply flip the price back to $12

10 years ago | Likes 2 Dislikes 0

But its illegal to import them. Sadly.

10 years ago | Likes 4 Dislikes 0

THIS!!^^^ this is why capitalism doesn't work in the presence of protectionism.

10 years ago | Likes 1 Dislikes 0

This is 100x worse than the dentist who killed a lion in my opinon

10 years ago | Likes 90 Dislikes 6

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[deleted]

10 years ago (deleted Nov 24, 2015 1:35 AM) | Likes 0 Dislikes 0

Dude, that post is horse shit, people lie.

10 years ago | Likes 4 Dislikes 0

lion thing was bad- but this is indirect murder

10 years ago | Likes 6 Dislikes 0

wildlife crimes happen all the time and nobody gives a shit. i have no idea what was special about the lion that made everyone flip shit

10 years ago | Likes 3 Dislikes 1

It was protected. People had been studying that lion since 1999. It had a much darker mane than most lions. Guy wanted to feel like a man.

10 years ago | Likes 1 Dislikes 0

all poached animals are protected. you dont see every rhino or elephant thats killed get that kind of uproar

10 years ago | Likes 1 Dislikes 0

Oh I wouldn't say that

6 years ago | Likes 1 Dislikes 0

Lions are very important

6 years ago | Likes 1 Dislikes 0

This is what happens when you have a medical industry and not a medical system.

10 years ago | Likes 546 Dislikes 19

Correct.

10 years ago | Likes 1 Dislikes 1

This.

10 years ago | Likes 86 Dislikes 9

That.

10 years ago | Likes 4 Dislikes 0

No, this is nothing. This is an unpatented generic drug first developed decades ago. ANYBODY can make it. It's a non-story.

10 years ago | Likes 2 Dislikes 1

How is this even legal!?! I feel sorry for you lot, the USA truly is a third-world country.

10 years ago | Likes 1 Dislikes 0

wise words

10 years ago | Likes 3 Dislikes 0

When it costs $1B+ to research a single new medicine, you have to have a little incentive to actually do it.

10 years ago | Likes 3 Dislikes 5

Bingo.

10 years ago | Likes 2 Dislikes 0

Strong post to name ratio

10 years ago | Likes 2 Dislikes 0

The US far exceeds every country in medical and pharm research. All these drugs developed in the US eventually become generic. (1)

10 years ago | Likes 3 Dislikes 1

US is world's largest economy by far so naturally it's med-research is largest too. U'd need to do some comparison in size relation (+)

10 years ago | Likes 2 Dislikes 1

(+) before you can claim that monetized system makes it stronger.

10 years ago | Likes 2 Dislikes 1

The generic drugs are usually cheap and benefit everyone unless you buy up all the means of production like this fuckface.

10 years ago | Likes 3 Dislikes 0

Yes, buuuttt.... without money and the 'medical industry' you wouldn't have as many life saving drugs as we currently DO. It's good AND bad.

10 years ago | Likes 5 Dislikes 1

I think we can do medical research without the driving engine being financial profit as the end goal.

10 years ago | Likes 1 Dislikes 0

Medical system would be funded by the tax money, so locally it could be better. The edge is that an industry can get funding from abroad too

10 years ago | Likes 2 Dislikes 0

There is no way enough tax money COULD be pumped in to equal private investment. Besides, it would have to be lessen funding to other areas

10 years ago | Likes 1 Dislikes 0

On average Americans pay more of their healthcare than europeans do per citizen, so it could be done by collecting taxes instead of fees.

10 years ago | Likes 1 Dislikes 0

Yes and no. This is absolutely pure scumbag douchecunt shit. But the pharmaceutical industry gets a bad rap in most cases. Drugs are not 1/

10 years ago | Likes 40 Dislikes 8

@LukarWarrior thanks for your input. I get what you are saying. Problem is even pharma research is directed at profitable maintenance drugs+

10 years ago | Likes 1 Dislikes 0

+as opposed to cures/vac. Research does cost money, but the incentive to profit drives research direction more than greatest public good.

10 years ago | Likes 1 Dislikes 0

If it can be exploited, it will. We humans tend to be greedy bastards, so we shouldn't gamble lives while of hoping that we aren't.

10 years ago | Likes 3 Dislikes 0

cheap to produce. For every one drug that works there are dozens of others that died in research labs or the FDA axed them. That's why 2/

10 years ago | Likes 31 Dislikes 4

new drugs cost a bunch of money. The patent period starts running the moment that they develop the chemical combination of the drug. Not 3/

10 years ago | Likes 20 Dislikes 2

when it gets approved. So a drug spends a good chunk of its patent life getting approval. So the company is left with a small window of 4/

10 years ago | Likes 16 Dislikes 1

a few years in which to recover not just that drug's cost, but the cost of all the others that didn't make it. That money actually does 5/

10 years ago | Likes 16 Dislikes 1

Read all your (very good) points... but Daraprim - the drug in question- first came out in 1953, correct? This is outside the "few years"

10 years ago | Likes 11 Dislikes 1

Right that's why it's "pure scumbag douchecunt shit" as opposed to normal business. This guy doesn't do research, he makes monopolies.

10 years ago | Likes 3 Dislikes 0

Correct. He's just raising the price (in my opinion) because he can, since he's done it before. Others could sell theirs cheaper, but it 1/

10 years ago | Likes 6 Dislikes 0

is a niche market, so not many companies are eager to enter the market and sell a generic since there's no real return on the investment.

10 years ago | Likes 5 Dislikes 0

And each tablet costs about $1 to produce.

10 years ago | Likes 3 Dislikes 0

Wish someone would get in there with another philanthropic/pharma company and bankrupt him. I mean he's already morally bankrupt....

10 years ago | Likes 1 Dislikes 0

It's not even about people dying (though that is of course sort of kind of pretty bad)... It's about the massively warped cost of healthcare

10 years ago | Likes 19 Dislikes 3

Not really. In the long run generics will enter the market and the price will drop. This is about people dying before that happens.

10 years ago | Likes 3 Dislikes 3

This is a generic. You can get it from an overseas pharmacy anyway.

10 years ago | Likes 2 Dislikes 1

In the US it's only (legally) available as Daraprim, at a price set by Turing. Hopefully generics will enter the US market eventually.

10 years ago | Likes 2 Dislikes 0

Not true. This is a generic drug. PYRIMETHAMINE specifically. There is no patent.

10 years ago | Likes 1 Dislikes 1

Yeah, I know. But there are no generic manufacturers in the US. It is only (legally) available as Daraprim. Single-source. Not complicated.

10 years ago | Likes 2 Dislikes 0

This is a generic drug. Anybody can make it. You can get it elsewhere.

10 years ago | Likes 3 Dislikes 2

My understanding is that the patent was purchased and so there is no generic. Unless I misunderstood something?

10 years ago | Likes 2 Dislikes 1

There is no patent. This is a generic drug. PYRIMETHAMINE to be exact.

10 years ago | Likes 2 Dislikes 1

But I thought the point of one company 'owning' a drug, it means they own the rights to it?

10 years ago | Likes 1 Dislikes 1

They don't have a patent on this. They have a manufacturing plant, and they're currently making it, but that's all. Want to make it? Go

10 years ago | Likes 3 Dislikes 2

right ahead. The chemical formula is online. Go into business, undercut him, problem solved. This is a non-story.

10 years ago | Likes 3 Dislikes 2

So - how long to get that shit stopped through the courts? Seems like extorting the sick to me, isn't there a law in place for this already?

10 years ago | Likes 1537 Dislikes 14

probably a long ass time. this looks like another wolf of wallstreet fiasco.

10 years ago | Likes 2 Dislikes 0

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[deleted]

10 years ago (deleted Nov 24, 2015 1:36 AM) | Likes 0 Dislikes 0

The excuse provided is not what it seems. It's okay to assume that internet commentators don’t do their research, but NYT & many other MSM?

10 years ago | Likes 2 Dislikes 0

Sounds like American health care to me....

10 years ago | Likes 11 Dislikes 3

Those who are completely inelastic in their needs suffer in a capitalist society.

10 years ago | Likes 3 Dislikes 2

How much "justice" can you afford? This guy can afford more "justice" than you. That's how the modern world works, based on observation...

10 years ago | Likes 1 Dislikes 0

Unfortunately this loudmouth d-bag is just an example of a long-running trend.

10 years ago | Likes 1 Dislikes 0

In the EU it's illegal for anyone with a dominant market position to impose unfair prices. It really surprises me that it isn't in the US.

10 years ago | Likes 3 Dislikes 0

Unfortunately lobbyists > democracy. In this country for sure

10 years ago | Likes 1 Dislikes 0

Psychos are killing the wrong people

10 years ago | Likes 3 Dislikes 0

This couldn't happen in the UK, the NHS has far too much bargaining power compared to the fractured US insurance system.

10 years ago | Likes 8 Dislikes 0

Same thing in Norway, and it boggles the mind how the US let this slip so far out of control...

10 years ago | Likes 2 Dislikes 1

Furthermore, it's illegal to use a dominant market position to impose unfair prices within the EU.

10 years ago | Likes 5 Dislikes 0

Unfortunately lobbyists > democracy. In this country for sure

10 years ago | Likes 1 Dislikes 0

I work in pharma, this industry is superfucked up

10 years ago | Likes 1 Dislikes 0

Eh. Forever? This is how the industry works, they have a shitload of money & are extremely influential in politics. Essentially unstoppable.

10 years ago | Likes 3 Dislikes 0

Biggest lobby in Washington. https://www.opensecrets.org/lobby/top.php?indexType=i Bigger than Big Oil even!

10 years ago | Likes 2 Dislikes 0

Hey it's a free market. People chose this.

10 years ago | Likes 1 Dislikes 0

It now makes sense why Americans have tour buses full of people coming across the border to purchase medicine here in Canada. This is awful!

10 years ago | Likes 23 Dislikes 2

That was my plan haha

10 years ago | Likes 3 Dislikes 0

I remember years ago the drug companies trying to paint 'drug tourism' as dangerous. "You can't trust drugs you get in Third World 1/2

10 years ago | Likes 7 Dislikes 0

Countries!" I was all, "Yeah...call Canada a Third World Country again. Let's see how that goes." Jackasses.

10 years ago | Likes 6 Dislikes 0

His system is kind of ok If you are poor or rich but if you are in the middle ur fucked and I'm guessing ur insurance Is going way up.

10 years ago | Likes 2 Dislikes 0

Were I a lawmaker, I'd sanction another company to obtain the patent or whatever. Then they'd make the drug cheaper.

10 years ago | Likes 6 Dislikes 0

you dont have to be a lawyer. you are the one who can change everything. we are the fcking ppl that pay those lazy asses

10 years ago | Likes 2 Dislikes 0

Were I a lawmaker, I'd teach people to look up whether a drug is even UNDER patent before I start invalidating irrelevant laws.

10 years ago | Likes 5 Dislikes 2

Is... is it under patent?

10 years ago | Likes 2 Dislikes 0

Nope. Been off for decades. He owns the brand name but anyone can make the same drug, no restrictions.

10 years ago | Likes 2 Dislikes 2

Probably never. I'm currently paying over $800 out of pocket every month on insulin and NO ONE gives a single fuck. They charge huge 1/2

10 years ago | Likes 1 Dislikes 0

prices for LIFE necessary drugs cause they know you have no option at all. You either pay the fuck up or die.

10 years ago | Likes 1 Dislikes 0

Happens all the time. My cancer survivor husband takes an antifungal and will forever. 3.5k per month w/0 insurance. 250 oxy? $75. Stupid.

10 years ago | Likes 5 Dislikes 0

Scale of production.

10 years ago | Likes 2 Dislikes 1

Not so sure about that. It's been around forever, it's fairly commonly used and the dog version runs about $350/mo.

10 years ago | Likes 2 Dislikes 0

The amount of trials and regulation difference between human and animal medicine is night and day though.

10 years ago | Likes 1 Dislikes 0

Can I ask what antifungal it is that he takes?

10 years ago | Likes 2 Dislikes 0

Voriconazole.

10 years ago | Likes 2 Dislikes 0

Really the fastest way to stop it would be for someone to compete directly with this product at a lower price. Whether that's realistic...

10 years ago | Likes 28 Dislikes 2

He intentionally controls distribution to make it impossible to produce a generic version. Otherwise this strategy wouldn't work.

10 years ago | Likes 5 Dislikes 0

Yeah I get that. Unless you know of a fast way to pass a "fuck this guy" law, I'm still not seeing a quicker way

10 years ago | Likes 2 Dislikes 0

Drug patent law is dumb. While it is very expensive to develop a new drug & they should get their capital back, in the meantime people (1)

10 years ago | Likes 10 Dislikes 0

Drug patents are required though or else companies don't make money off the billions invested in researching novel drugs.

10 years ago | Likes 4 Dislikes 0

No I get it, and totally agree, but there's got to be a middle ground somewhere. This story just sounds like robbing Peter to pay Paul.

10 years ago | Likes 3 Dislikes 0

Are sick or dying. As soon as generics are allowed to copy the formula, prices drop way down. It's dumb b/c the only thing preventing (2)

10 years ago | Likes 5 Dislikes 0

People from getting meds, as well as the drug co's in the black, is patent law, & they'll go through crazy hoops to retain their patents (3)

10 years ago | Likes 6 Dislikes 0

While what OP posted is fucked, if the drug co's don't make money off a drug they researched, why would they research new drugs?

10 years ago | Likes 5 Dislikes 0

No I totally agree, and I don't know if a good solution exists. Maybe they could sell licenses to generics and take a cut or something.

10 years ago | Likes 3 Dislikes 0

Exactly. Short of nationalizing all the research (ehhh), there's not much to do.

10 years ago | Likes 2 Dislikes 0

If the company owns the patent, they can charge whatever they want. Pharm companies would lose incentive to research if they could be (1)

10 years ago | Likes 1 Dislikes 0

forced at gunpoint to sell them at government mandated prices. This guy is a shitass, but be careful what you ask for. (2)

10 years ago | Likes 1 Dislikes 0

Only when the right lives are in danger like when the Bush administration threatened to void Bayer's patens on anthrax medication.

10 years ago | Likes 66 Dislikes 3

That's fucked up. But I don't doubt it's true

10 years ago | Likes 6 Dislikes 0

Seeing as this drug isn't patented, anyone could make it. But since no one does (I assume it's not commonly prescribed), he has a monopoly.

10 years ago | Likes 11 Dislikes 0

It has controlled distribution, so it's hard for a generic manufacturer to get a hold of it to analyze.

10 years ago | Likes 7 Dislikes 1

No, there are less than 200,000 cases a year globally. Most of them are in poor regions that couldn't afford the medicine anyway. 1/2

10 years ago | Likes 1 Dislikes 0

It's just not profitable to make the drug. Besides, they could just take the patent from way back when and use that. 2/2

10 years ago | Likes 1 Dislikes 0

Welcome to Capitalist America, get some socialism in place and maybe shit like this won

10 years ago | Likes 12 Dislikes 5

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[deleted]

10 years ago (deleted Nov 8, 2017 4:21 AM) | Likes 0 Dislikes 0

While I don't think pure socialism is a good idea I think values of it need to be adapted especially in the medical field.

10 years ago | Likes 2 Dislikes 0

won't happen

10 years ago | Likes 6 Dislikes 2

That's what I keep thinking yet people freak out about socialism like it's the end of the world

10 years ago | Likes 4 Dislikes 0

People are goshdarn stupid.

10 years ago | Likes 3 Dislikes 0

You are goshdarn right *shakes head in disbelief that I just wrote that, but you are right

10 years ago | Likes 1 Dislikes 0

RICO LAW?

10 years ago | Likes 1 Dislikes 0

He has money...the law is on his side.

10 years ago | Likes 1 Dislikes 0

america is doing the same to african countries, but if they need it they just break patents and just produce it themselves. 1/2

10 years ago | Likes 1 Dislikes 1

The average person won't pay $750 for it. Once insurance companies stop paying for it, they will sell it. Source: i work in pharmaceuticals

10 years ago | Likes 4 Dislikes 0

THANK YOU for the dropping the other shoe. Seems like most people don't understand basic economics.

10 years ago | Likes 2 Dislikes 0

BTW... how does one "get into" pharmaceuticals as a "database" guy? :)

10 years ago | Likes 1 Dislikes 0

By "database" do you mean creating a database for the companies? or closer to an IT networking guy?

10 years ago | Likes 1 Dislikes 0

Can do, but moreso developing ETL for business intel. More analysis-based T-SQL coding, rather than DB admin stuff (security / backups).

10 years ago | Likes 1 Dislikes 0

Right, I'm not too tech-savy, but I get it. There is a huge need in pharmacies for database management. 1/2

10 years ago | Likes 2 Dislikes 0

Pharmacies typically fill and bill 200-1,000 scripts/patients per day. There is some software that is used to maintain this database (RxPro)

10 years ago | Likes 2 Dislikes 0

But, if you could find some way to comply with HIPAA standards, then you could find a way in. Especially, if you could make it efficient.

10 years ago | Likes 2 Dislikes 0

The law in the US is actually that the FDA cannot negotiate prices of drugs.

10 years ago | Likes 1 Dislikes 0

In India they'd say "fuck your patent" and manufacture it generic. But since this is 'Murica...

10 years ago | Likes 40 Dislikes 2

And, as with HIV meds, the courts would likely support them for saving so many lives

10 years ago | Likes 2 Dislikes 0

Maybe in these years. Nowadays tough ? I'm not so sure about it...

10 years ago | Likes 1 Dislikes 0

THIS IS A FUCKING GENERIC PILL. There is no patent. Anybody can make it.

10 years ago | Likes 9 Dislikes 1

It does however have controlled distribution, so it's hard for generic manufacturers to actually do it.

10 years ago | Likes 1 Dislikes 0

Anybody, you say?

10 years ago | Likes 4 Dislikes 0

10 years ago | Likes 2 Dislikes 0

Generics aren't always the safest unfortunately. Have to wait for the patent to end so that the original drug can be copied.

10 years ago | Likes 6 Dislikes 2

Generics are the same as the original +/- 20% concentration if I recall. This drug is fully and legally reproducible now

10 years ago | Likes 1 Dislikes 1

Patent already ended (it was developed 60 years ago), but from what I've read, the difficulty lies in accurately reproducing it. However 1/2

10 years ago | Likes 4 Dislikes 0

I don't understand why they can't just look it up from the Patent, rather than needing samples to analyze (Daraprim is tightly controlled) 2

10 years ago | Likes 3 Dislikes 0

Actually, I thought they could only patent the process by which the drug is made, not the drug itself.

10 years ago | Likes 2 Dislikes 0

This is a non-story. There is no patent, it was developed over 60 years ago. Someone else will make it.

10 years ago | Likes 1 Dislikes 1

That still takes time, and they have no reason not to overcharge wildly for it either (while still coming in below 750)

10 years ago | Likes 2 Dislikes 0

You make a good case against government involvement in the whole affair.

10 years ago | Likes 1 Dislikes 1

Interesting comments from him: http://www.bloomberg.com/news/videos/2015-09-21/why-turing-increased-price-of-daraprim-over-500-

10 years ago | Likes 15 Dislikes 0

This sounds more like they want to profit off of insurers than patients. Important to see if they follow through with their "free" claim.

10 years ago | Likes 7 Dislikes 0

This should be higher. I still don't fully agree but it's good to have a different perspective.

10 years ago | Likes 2 Dislikes 0

He still seems sleezy and douchy but he had some valid points IF what he says is true and they follow through. Still $750 is way to much.

10 years ago | Likes 4 Dislikes 0

Remember he has PR people, he used profits from his prior drug company to pay angry investors from his hedge fund, and that people will die.

10 years ago | Likes 5 Dislikes 4

[deleted]

[deleted]

10 years ago (deleted Nov 24, 2015 1:35 AM) | Likes 0 Dislikes 0

I'll believe it when I see it.

10 years ago | Likes 4 Dislikes 2

Unless your poor and homeless or get sick over the weekend pharmacytimes.com/contributor/monica-v-golik-mahoney-pharmd-bcps-aq-id/2015/07/

10 years ago | Likes 2 Dislikes 0

Thanks for posting this. Very informative

10 years ago | Likes 5 Dislikes 2

Remember he has PR people, he used profits from his prior drug company to pay angry investors from his hedge fund, and that people will die.

10 years ago | Likes 4 Dislikes 2

Oh no I see it. He's a total fucking sociopath. It's just good to see it and see the shit he's passing as truth.

10 years ago | Likes 3 Dislikes 0

Also great username

10 years ago | Likes 4 Dislikes 0

an "opportunistic parasitic infection that can cause serious or even life-threatening problems" Is this about him or toxoplasmosis?

10 years ago | Likes 530 Dislikes 7

Sounds like the tagline from his autobiography...

10 years ago | Likes 4 Dislikes 0

It's recursive.

10 years ago | Likes 46 Dislikes 0

Yes.

10 years ago | Likes 5 Dislikes 0

HAH! noice!

10 years ago | Likes 4 Dislikes 0

*snicker*

10 years ago | Likes 15 Dislikes 0

Why not both?

10 years ago | Likes 4 Dislikes 0

I hope the internet does to his name what it did to Rick Santoram

10 years ago | Likes 10 Dislikes 0

I forgot what the internet did to Rick Santorum

10 years ago | Likes 2 Dislikes 0

Sadly no amount of money has found a cure for being a fucknut.

10 years ago | Likes 70 Dislikes 3

I don't think being a fucknut is a problem to him.

10 years ago | Likes 1 Dislikes 0

10 years ago | Likes 14 Dislikes 0

About $10 will get you a very sharp knife

10 years ago | Likes 2 Dislikes 1

How much does an assassin cost?

10 years ago | Likes 10 Dislikes 1

About three-fiddy

10 years ago | Likes 2 Dislikes 2

I'd do it for free

10 years ago | Likes 3 Dislikes 1

Few tens of thousands of dollars.

10 years ago | Likes 2 Dislikes 1

That's really outdated, any up to date ones?

10 years ago | Likes 2 Dislikes 1

You'd have to boot up TOR for that and I'm not allowed to do that on university Internet.

10 years ago | Likes 1 Dislikes 1

True.

10 years ago | Likes 1 Dislikes 1

True.

10 years ago | Likes 1 Dislikes 1

<$9k for normal people, I would assume for a "high profile" hit it would be around $40k

10 years ago | Likes 4 Dislikes 1

Let's start a kickstarter

10 years ago | Likes 5 Dislikes 1

I'm sure that'll go down well with the 'thorities

10 years ago | Likes 3 Dislikes 1

Can they charge everyone that donates with "conspiracy to commit murder"?

10 years ago | Likes 4 Dislikes 1

F this guy.

10 years ago | Likes 19 Dislikes 1

in the A

10 years ago | Likes 1 Dislikes 0

with the D

10 years ago | Likes 1 Dislikes 0

with a bleedy aids-y dick

10 years ago | Likes 3 Dislikes 0

And then sell him these pills at 150x the cost

10 years ago | Likes 1 Dislikes 0

If you are pissed off by this, then please people in US, get pissed off also about your extremely strong patenting that allows this shit.

10 years ago | Likes 70 Dislikes 12

And patent trolls.

10 years ago | Likes 1 Dislikes 1

Can I get pissed at people who bitch about patents without figuring out if they're relevant first? I think I'm gonna get pissed about that.

10 years ago | Likes 6 Dislikes 3

As a patent attorney, this.

10 years ago | Likes 4 Dislikes 1

I do believe we recently reinforced it. People were too concerned with confederate flags and transsexual rights.

10 years ago | Likes 2 Dislikes 1

Yeah.. Drug patents are the shittiest thing there are, as is whole industry and its force to independent research. Nasty business.

10 years ago | Likes 1 Dislikes 1

Drug patents are required though or else companies don't make money off the billions invested in researching novel drugs.

10 years ago | Likes 3 Dislikes 2

That's what they keep telling you, but they only use money to research drugs that will sell billions. Rest is on public funding.

10 years ago | Likes 3 Dislikes 0

Then don't buy the drugs they "only researched for billions". If you rather it didn't exist, don't participate.

10 years ago | Likes 1 Dislikes 3

*medical patenting* you want a short life on medical patients, in Australia it's only 2 years, but you want technology patents to be 1/2

10 years ago | Likes 1 Dislikes 0

easy to get and enforce to encourage innovation

10 years ago | Likes 1 Dislikes 0

The problem is, innovation is still an issue with medical patents as well. Yes you can save people by researching a new drug, but why (1)

10 years ago | Likes 1 Dislikes 0

would a company be willing to dump a bunch of money into researching a product that you're not guaranteed to make your money back on (2)

10 years ago | Likes 1 Dislikes 0

with no real easy answer unfortunately. (4)

10 years ago | Likes 1 Dislikes 0

because the patent expires before then, allowing competitors to start making money off of your own research. It's a difficult situation (3)

10 years ago | Likes 1 Dislikes 0

Except this is a 60 year old drug being sold in an old formulation, there's no way there's a valid patent for it at this date.

10 years ago | Likes 28 Dislikes 0

So any drug company could start making it with lower price.. if they'd want to.

10 years ago | Likes 7 Dislikes 0

It's not like you roll out a new generic in a day. In the mean time, he's making profits. Hedge fundarians aren't in it for the long run.

10 years ago | Likes 1 Dislikes 0

When the price was reasonable in 2010, total annual sales were $667,000. Not worth the investment necessary to manufacture.

10 years ago | Likes 4 Dislikes 0

Well, if they now would make it $40/pill, it would be 1.8 million a year and still miles cheaper than from that guy.

10 years ago | Likes 2 Dislikes 0

As soon as you start selling it at $40, he's going to sell it at $39 and eat all your profit. It's a race to the bottom.

10 years ago | Likes 4 Dislikes 0

This guy is about to get murdered.

10 years ago | Likes 540 Dislikes 14

by toxoplasmosis

10 years ago | Likes 1 Dislikes 0

He gon' die.

10 years ago | Likes 22 Dislikes 0

Well, some people on death's doorstep have little to lose....probably not a good idea to try to extort them when the alternative is death.

10 years ago | Likes 11 Dislikes 0

Him and all other fuck nuts...if I'd had cancer in the U.S I would buy a gun and go full rambo on their asses

10 years ago | Likes 10 Dislikes 0

Pfft, if. What's stopping you now?

10 years ago | Likes 1 Dislikes 1

Not living in the U.S for starter...and if I was terminally ill then what's the worst that's gonna happen? Now I have more to lose

10 years ago | Likes 4 Dislikes 0

I give it a day before he pussies out or dies.

10 years ago | Likes 8 Dislikes 6

So how about the rest of them?

10 years ago | Likes 1 Dislikes 0

No he's not. He's simply one of many examples of the ruling class flaunting its power over the masses.

10 years ago | Likes 20 Dislikes 4

Bernie 16

10 years ago | Likes 6 Dislikes 1

Honest answer? I wouldn't care. In fact.. I'd probably feel satisfaction.

10 years ago | Likes 2 Dislikes 0

I'd pay good money to watch that snuff film.

10 years ago | Likes 5 Dislikes 0

I hate someone more than Kanye west now.

10 years ago | Likes 2 Dislikes 0

Someone go on the deep web.

10 years ago | Likes 3 Dislikes 0

We can only hope.

10 years ago | Likes 7 Dislikes 1

I can see it now... We did it imgur!

10 years ago | Likes 2 Dislikes 0

Or infected.

10 years ago | Likes 3 Dislikes 0

Hey! Someone else who knows the glory of Sequential Art! :D

10 years ago | Likes 2 Dislikes 0

You and I, we're going places. Maybe to Art's place, maybe not. We'll never know. :P

10 years ago | Likes 1 Dislikes 0

A couple close attempts on his life turned Carnegie around, maybe it would fix this guy?

10 years ago | Likes 4 Dislikes 1

Fingers crossed

10 years ago | Likes 2 Dislikes 0

I wouldn't lose sleep.

10 years ago | Likes 229 Dislikes 3

neither will anyone with a sense of morality, you're right dudde

10 years ago | Likes 3 Dislikes 2

and now Imgur is also condoning murder too.

10 years ago | Likes 1 Dislikes 2

dude*

10 years ago | Likes 1 Dislikes 0

Why? this is a generic pill. There is no patent. Someone else will make it and he won't be able to sell them at that price.

10 years ago | Likes 3 Dislikes 0

And until then, people will die.

10 years ago | Likes 3 Dislikes 0

And like @TheGayAgenda said, until people who need this can get it somehow, they will suffer (physically or economically) or die.

10 years ago | Likes 4 Dislikes 0

If this man jumped in front of my speeding car I would rush out there in terror and be relieved like "oh thank god its Martin Shkreli"

10 years ago | Likes 11 Dislikes 1

Welcome to the Internet, where people become theoretical murderers for the sake of... Whatever.

10 years ago | Likes 3 Dislikes 6

Welcome to @Genanishans . It's a...what? Dafuq is this tiny dick? Oh no, it's not a dick. It's just an enlarged clit, that's attached>

9 years ago | Likes 1 Dislikes 0

>to a pussy.

9 years ago | Likes 1 Dislikes 0

Nah I don't want to see him murdered or anything its just that if he died I wouldn't be sad.

10 years ago | Likes 6 Dislikes 0

It's acceptable to choose not to mourn, but I think the people who call for his death are being very immature about the situation.

10 years ago | Likes 2 Dislikes 6

And I'd swear I saw him jump in front of you and caught fire while falling down stairs. Also his fingernails were missing when I got here.

10 years ago | Likes 2 Dislikes 0

can we set up a kickstarter to get this done? I'll pitch in 5$

10 years ago | Likes 92 Dislikes 6

Just post his address and a date and time. You can't spell mob justice without justice.

10 years ago | Likes 8 Dislikes 2

also Tomb Juices

10 years ago | Likes 5 Dislikes 0

go to deepnet, find a place that does assassinations. may cost more then 5 bucks tho. significantly.

10 years ago | Likes 20 Dislikes 1

350k - 870k for low value. Pretty sure it's much higher for this type of shit. I'm on a list now. If anyone asks. I am totally, not.. (1/2)

10 years ago | Likes 2 Dislikes 0

@NotACop, can you help us out?

10 years ago | Likes 8 Dislikes 0

How does one even get into the deep web?

10 years ago | Likes 6 Dislikes 0

Google it I assume.

10 years ago | Likes 1 Dislikes 0

Any website link that isn't on a search engine is technically deepweb as only way to access it is thru knowing the URL.

10 years ago | Likes 6 Dislikes 0

With a deep penis... Wait no idk

10 years ago | Likes 5 Dislikes 4

The Tor browser is a good start, be careful though and do your research. The deep Web is highly treacherous ground.

10 years ago | Likes 8 Dislikes 0

I'll do it for $13.50

10 years ago | Likes 22 Dislikes 0

I'll do it for 'bout tree fiddy

10 years ago | Likes 7 Dislikes 0

I was hoping someone was going to say that!

10 years ago | Likes 1 Dislikes 0

i'd rather this guy become a public example of what happens when you do something like this. like be charged for manslaughter 1/2

10 years ago | Likes 16 Dislikes 0

or public endangerment. that's the best way to ensure other douchebags won't do this again to other life-necessary drugs. 2/2

10 years ago | Likes 12 Dislikes 0

Please. American businesses have been indirectly responsible for deaths for decades. Nothing gets done. That country is screwed.

10 years ago | Likes 3 Dislikes 0

That's because lobbies buy representatives to do their industry favors later when they need them. Help end bribery: http://www.wolf-pac.com

10 years ago | Likes 3 Dislikes 0

Hey I like your edit. Good job not following the mob. Just remember sociopaths are always driven to parasitism. It's their nature.

10 years ago | Likes 3 Dislikes 0

>like get manlaughtered< FTFY

10 years ago | Likes 5 Dislikes 0

He likely singlehandedly caused a 2% drop in biotech stock today due to fear of (needed) regulations. Wonder if he was betting that way.

10 years ago | Likes 4 Dislikes 0

Look at lumber liquidators, high end stock holder got pissed sold his stock turned them in for stuff he knew they were doing illegally.

10 years ago | Likes 1 Dislikes 0

Biotech has seen regular daily +/- 4% volatility after the chinese scare, 2% is literally nothing in current waters.

10 years ago | Likes 1 Dislikes 0

Fair point.

10 years ago | Likes 1 Dislikes 0

This is why health care should not be privatized. People should not get rich off of someone's health.

10 years ago | Likes 172 Dislikes 27

[deleted]

[deleted]

10 years ago (deleted Nov 8, 2017 4:21 AM) | Likes 0 Dislikes 0

Ya probably in America, but there are a lot of countries with socialized health care that don't bankrupt people.

10 years ago | Likes 1 Dislikes 0

Yes. The industry gets rich NOT off healthy people who don't need them, or dead people who can't buy, but off people perpetually in between.

10 years ago | Likes 37 Dislikes 10

what about of someones hunger?

10 years ago | Likes 2 Dislikes 1

Yes they should. If someone cures a disease, that person should be celebrated and rich, no question. The situation is complicated.

10 years ago | Likes 3 Dislikes 7

Nonsense. Nobody is getting rich. This is not a patented drug, it was developed decades ago. Anybody can make it.

10 years ago | Likes 2 Dislikes 3

ermagherd, muh free markerts!!11

10 years ago | Likes 1 Dislikes 1

I agree with a privatized health care just because competition initiates innovation,but there should be regulations on obvious extortion.

10 years ago | Likes 24 Dislikes 8

I disagree, but +1 for a reasonable comment

10 years ago | Likes 11 Dislikes 4

Ditto

10 years ago | Likes 1 Dislikes 0

No it doesn't. Private health only wants to create customers. Socialist healthcare wants to create less of a burden on the system = cures.

10 years ago | Likes 2 Dislikes 2

So you're basically private health care only cares about correcting the symptoms and not curing the disease? Just want to make sure first

10 years ago | Likes 1 Dislikes 0

Private healthcare is there to create a profit for the shareholders. They don't do that if they end the source of repeat business.

10 years ago | Likes 1 Dislikes 0

*So you're basically saying

10 years ago | Likes 1 Dislikes 0

This isn't about privatized healthcare. Don't conflate the issues of our for-profit insurance system with the issues of pharmaceutical 1/

10 years ago | Likes 10 Dislikes 6

research. This guy's actions are wrong, pure and simple. But patents exist to give companies a way to recover their costs on drug 2/

10 years ago | Likes 8 Dislikes 3

You're correct, but this has been off patent for decades. It's just a matter of no one else bothering to make and us taking it for granted

10 years ago | Likes 1 Dislikes 1

research (in this sense, anyway). For every drug that makes it to market, dozens of others die in the approval process or in labs. 3/

10 years ago | Likes 6 Dislikes 3

Research is an expensive area for these companies, and exclusive patents give them a way to get back not just the cost of that drug, but 4/

10 years ago | Likes 5 Dislikes 3

all the others that failed to get to market. 5/5

10 years ago | Likes 4 Dislikes 2

No, this is why drugs shouldn't have patents. Creates a monopoly. But I do agree, health care should not be for profit

10 years ago | Likes 17 Dislikes 10

If I've read the articles right, this drug hasn't been under patent protection for over 2 decades. It just hasn't needed to change.

10 years ago | Likes 3 Dislikes 0

No patents = no incentive to do research. Sadly the solution is not that simple.

10 years ago | Likes 24 Dislikes 2

In 1907 didn't GE write off all their patent holdings for a total of $1? They still did research afterwards. Changed the rules of the game

10 years ago | Likes 3 Dislikes 2

Patents are still widely used in any and every context, so no, I don't think they changed any rules.

10 years ago | Likes 1 Dislikes 0

right. I meant - GE buried smaller companies by essentially de-capitalizing patents on their books and changed the business landscape 1/2

10 years ago | Likes 1 Dislikes 0

Likewise, there's gotta be other incentives to do research, it's just the current status quo of what drives research? 2/2

10 years ago | Likes 1 Dislikes 0

Daraprim has been out of patent for decades. This has nothing to do with patents.

10 years ago | Likes 12 Dislikes 0

So why doesn't another company make it and sell it for a fraction of the price and eliminate this guys sales?

10 years ago | Likes 3 Dislikes 1

Because they're all busy complaining on the internet about how someone else should do something already.

10 years ago | Likes 2 Dislikes 4

In 2010 when the price was reasonable, total sales were $667,000. Might not be worth the cost of setting up a factory.

10 years ago | Likes 8 Dislikes 1

We need Wayne enterprise's pharmaceutical division, but we don't deserve it...

10 years ago | Likes 1 Dislikes 1