beepbeepmeow
289993
7415
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]
Donut13Wolf
Why hasn't he been fired???
derpwagon
I hope he gets dead.
xoverthirtyx
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...
ArcaneConjecture
When Capitalism was invented there was no such thing as a "life saving" drug. Capitalism fails at certain 21st-century problems.
LuuKen
OverMahHead
That's fast
MainManMisterMxyzptlk
I love this.
BastardMan1977
Looks like a douchebag
TheWheelIsSpinningButTheMouseIsDead
Well, I'd say we have enough proof to classify him firmly as a douchebag
CmdrNinja
Can I kill it?
TheThingThatPeopleNeverTalkAbout
I doubt anyone would disapprove
lowkeyrows
Love living in Australia, where public healthcare is free
chardlz
Worry not, if the great irony gods have anything to say about this, within a decade he'll have AIDS and Cancer
ninjagaidensigma
Which he can finance the medication of thanks to his lovely hedge fund endeavours. Fuck capitalism, fuck the economy and all its loopholes.
alt159
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.
mullally
He must be of the sith
fraglimit
you misspelled "shit"
Ihavewaytoomanyfavoritestosort
Can the people who need this drug collectively sue this asshole so he sees how many people he's trying to kill?
TheOldNewSlowFast
No. Further, this is a non-patented generic drug. You can get it from someone else.
DerKommisar
i'd think a lengthy and expensive lawsuit might be beyond the means of poor people currently dying of aids
grandfalloon
If i needed this drug, I think i would figure "I'm effed anyway, may as well kill him."
MainManMisterMxyzptlk
To think he cares is naive. Go check out his Tweets.
xaetb8i
How about we make a PiƱata out of him...
CyndaquilAndInk
What a cunt.
ChefHannibal
"..... dude" -Hitler
Surrealle
2 words to sum it up perfectly.. Well done.
fouaurore
@Hitler
[deleted]
[deleted]
StickmanSham
stop
crpplepunk
Read the NY Times article. Free perhaps, but still unavailable.
MvdVeen
Hitler had very good morals, except for the whole... Murder and racism thing... Which kind of fucks it all up. I still despise him.
ChefHannibal
Well yeah. The fucked up thing aside he was a great leader and friend.... ugh but those jews
MvdVeen
He'd be one of the greatest world leaders in history if not for the whole genocide thing he did.
BeatsBearsBattlestarGallactica
I was gonna say this does seem a bit like a genocide with how many will die because of this price jump
[deleted]
[deleted]
SteveBuscemiSayingHowDoYouDoFellowKids
I think you forgot some
SSoHPKC
You can see that t-?
AnUnknownErrorOccurred
"my nigga!" -Mao
ninjagaidensigma
ChloePrice
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
AsABiologistWhoIsNotFunAtParties
Because America is a plutocracy.
treadwords
America doesn't have either of those things.
notme222
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.
StarrryNight
He is selling a drug that costs $1 to make for $750. That's not slavery, it's profiteering, which is illegal.
ChloePrice
Are you serious? You realize I think healthcare should not be an industry, rather than a socialized service for everyone, yeah?
notme222
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.
ChloePrice
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.
Spearka
that's basically increasing prices by 5555%... which is insane bordering on sadistic
newsguycraigevans
Capitalism! The price is what people are willing to pay.
StickmanSham
LOL
nodisco
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
nodisco
2/2 guise of advancing research. Hes more indicative of how fucked the system is than anything else, taking advantage of it.
Ilovechocolates
Heinz's Dilemma?
sowetoninja
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).
TheOldNewSlowFast
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.
CodeXCDM
https://www.reddit.com/r/funny/comments/3luxi6/bond_villains_are_getting_lamer/cv9pmu8 Not the first time he's done this shit.
khtad
Bordering? Dude, we're way past that.
obsyddian
That IS sadistic. No other way to describe it. Sadistically greedy.
vauhtihirmu
Technically it is sadistic only if he takes pleasure in the pain he inflicts. It's just abhorrently greedy if he doesn't.
thestigsfemalecousin
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.
CodeXCDM
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!"
thestigsfemalecousin
http://www.bloomberg.com/news/videos/2015-09-21/why-turing-increased-price-of-daraprim-over-500-
BetterLuckyThanGood
Ugh, he is such a fucking snake oil salesman. Unbelievable.
acunninglinguist
Bordering on satanic. Why not go the full 6666%?
kmikl
Why not all the 9's? Why be the lesser evil?
thatmusicguy69
Pfft. I know a satanist, and he's basically Jesus compared to this guy.
bluemofia
I know a Satanist who refuses to pirate anything because it is unethical.
thatmusicguy69
Damn. He's more ethical than I am. The thatmusicguy69 feels... Conflicted.
HerrSchweitzer
https://www.youtube.com/watch?v=vx6Ct8kG0iU
saryos
That was so so funny
jaysong
hahaha that was great
Ismael1989
Subscribed ! really liked this guy
Starw1nd
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."
ninjagaidensigma
And then be left out in the cold to rot. No pity Disney crap in the end.
NeedNotApply
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.
BobaFettBobaFettWhere
Brb
FloppyFingers
Sadly the need for profit for the system to run is one of the roots of this problem
TheOldNewSlowFast
This is not a problem. You can order it from an overseas pharmacy and voila, it's cheap.
NeedNotApply
The problem is not profit. It was actually the lack of profit. At 13.50 no other companies bothered. They will bother now.
SithElephant
There is competition - the drug is widely manufactured outside the USA.
SithElephant
The problem is that if an indian company got approval to sell it - he could simply flip the price back to $12
NeedNotApply
But its illegal to import them. Sadly.
smaug777000
THIS!!^^^ this is why capitalism doesn't work in the presence of protectionism.
girl2845
This is 100x worse than the dentist who killed a lion in my opinon
[deleted]
[deleted]
FrontlineChief
Dude, that post is horse shit, people lie.
SatanLordOfUpvotes
lion thing was bad- but this is indirect murder
ImMrbulldops
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
Vinible723
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.
ImMrbulldops
all poached animals are protected. you dont see every rhino or elephant thats killed get that kind of uproar
pludoo22
Oh I wouldn't say that
pludoo22
Lions are very important
speakfaithfully
This is what happens when you have a medical industry and not a medical system.
TheWheelIsSpinningButTheMouseIsDead
Correct.
beepbeepmeow
This.
randawg
That.
TheOldNewSlowFast
No, this is nothing. This is an unpatented generic drug first developed decades ago. ANYBODY can make it. It's a non-story.
tooomanysteves
How is this even legal!?! I feel sorry for you lot, the USA truly is a third-world country.
myusernameismyrealname
wise words
TheThingNoNotThatOne
When it costs $1B+ to research a single new medicine, you have to have a little incentive to actually do it.
jaystevens137
Bingo.
kawaiibrah
Strong post to name ratio
PhillipSemenHoffmore
The US far exceeds every country in medical and pharm research. All these drugs developed in the US eventually become generic. (1)
eroso
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 (+)
eroso
(+) before you can claim that monetized system makes it stronger.
PhillipSemenHoffmore
The generic drugs are usually cheap and benefit everyone unless you buy up all the means of production like this fuckface.
shivnz
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.
speakfaithfully
I think we can do medical research without the driving engine being financial profit as the end goal.
eroso
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
shivnz
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
eroso
On average Americans pay more of their healthcare than europeans do per citizen, so it could be done by collecting taxes instead of fees.
TheThirdKindofHeat
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/
speakfaithfully
@LukarWarrior thanks for your input. I get what you are saying. Problem is even pharma research is directed at profitable maintenance drugs+
speakfaithfully
+as opposed to cures/vac. Research does cost money, but the incentive to profit drives research direction more than greatest public good.
eroso
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.
TheThirdKindofHeat
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/
TheThirdKindofHeat
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/
TheThirdKindofHeat
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/
TheThirdKindofHeat
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/
impedimenta
Read all your (very good) points... but Daraprim - the drug in question- first came out in 1953, correct? This is outside the "few years"
PhillipSemenHoffmore
Right that's why it's "pure scumbag douchecunt shit" as opposed to normal business. This guy doesn't do research, he makes monopolies.
TheThirdKindofHeat
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/
TheThirdKindofHeat
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.
beepbeepmeow
And each tablet costs about $1 to produce.
impedimenta
Wish someone would get in there with another philanthropic/pharma company and bankrupt him. I mean he's already morally bankrupt....
minabear
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
vowofloudness
Not really. In the long run generics will enter the market and the price will drop. This is about people dying before that happens.
TheOldNewSlowFast
This is a generic. You can get it from an overseas pharmacy anyway.
vowofloudness
In the US it's only (legally) available as Daraprim, at a price set by Turing. Hopefully generics will enter the US market eventually.
TheOldNewSlowFast
Not true. This is a generic drug. PYRIMETHAMINE specifically. There is no patent.
vowofloudness
Yeah, I know. But there are no generic manufacturers in the US. It is only (legally) available as Daraprim. Single-source. Not complicated.
TheOldNewSlowFast
This is a generic drug. Anybody can make it. You can get it elsewhere.
minabear
My understanding is that the patent was purchased and so there is no generic. Unless I misunderstood something?
TheOldNewSlowFast
There is no patent. This is a generic drug. PYRIMETHAMINE to be exact.
minabear
But I thought the point of one company 'owning' a drug, it means they own the rights to it?
TheOldNewSlowFast
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
TheOldNewSlowFast
right ahead. The chemical formula is online. Go into business, undercut him, problem solved. This is a non-story.
TheWheelIsSpinningButTheMouseIsDead
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?
Swunt
probably a long ass time. this looks like another wolf of wallstreet fiasco.
[deleted]
[deleted]
kurafire
The excuse provided is not what it seems. It's okay to assume that internet commentators donāt do their research, but NYT & many other MSM?
squishielady
Sounds like American health care to me....
Everythingisracist
Those who are completely inelastic in their needs suffer in a capitalist society.
railgap
How much "justice" can you afford? This guy can afford more "justice" than you. That's how the modern world works, based on observation...
CodeXCDM
Unfortunately this loudmouth d-bag is just an example of a long-running trend.
yosoyramitasana
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.
Weiners
Unfortunately lobbyists > democracy. In this country for sure
Howtogrowwood
Psychos are killing the wrong people
bumblebeehedgehogfish
This couldn't happen in the UK, the NHS has far too much bargaining power compared to the fractured US insurance system.
TheWheelIsSpinningButTheMouseIsDead
Same thing in Norway, and it boggles the mind how the US let this slip so far out of control...
yosoyramitasana
Furthermore, it's illegal to use a dominant market position to impose unfair prices within the EU.
Weiners
Unfortunately lobbyists > democracy. In this country for sure
strangevisions
I work in pharma, this industry is superfucked up
reijigin
Eh. Forever? This is how the industry works, they have a shitload of money & are extremely influential in politics. Essentially unstoppable.
CodeXCDM
Biggest lobby in Washington. https://www.opensecrets.org/lobby/top.php?indexType=i Bigger than Big Oil even!
Sheepyhead
Hey it's a free market. People chose this.
weefairmousie
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!
KennyBlankenshipsmostpainfuleliminationoftheday
That was my plan haha
Opportunist
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
Opportunist
Countries!" I was all, "Yeah...call Canada a Third World Country again. Let's see how that goes." Jackasses.
KennyBlankenshipsmostpainfuleliminationoftheday
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.
NateintheNorth
Were I a lawmaker, I'd sanction another company to obtain the patent or whatever. Then they'd make the drug cheaper.
JvanR
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
notme222
Were I a lawmaker, I'd teach people to look up whether a drug is even UNDER patent before I start invalidating irrelevant laws.
NateintheNorth
Is... is it under patent?
notme222
Nope. Been off for decades. He owns the brand name but anyone can make the same drug, no restrictions.
forgetthisnoise
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
forgetthisnoise
prices for LIFE necessary drugs cause they know you have no option at all. You either pay the fuck up or die.
DataLady
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.
Bugofbelgium
Scale of production.
DataLady
Not so sure about that. It's been around forever, it's fairly commonly used and the dog version runs about $350/mo.
Bugofbelgium
The amount of trials and regulation difference between human and animal medicine is night and day though.
DewedMann
Can I ask what antifungal it is that he takes?
DataLady
Voriconazole.
imnicetopeopleontheinternet
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...
mc2thep
He intentionally controls distribution to make it impossible to produce a generic version. Otherwise this strategy wouldn't work.
imnicetopeopleontheinternet
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
emberfish
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)
kong210
Drug patents are required though or else companies don't make money off the billions invested in researching novel drugs.
emberfish
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.
emberfish
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)
emberfish
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)
crookednixon
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?
emberfish
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.
crookednixon
Exactly. Short of nationalizing all the research (ehhh), there's not much to do.
Bobloblawlawblogblogslaw
If the company owns the patent, they can charge whatever they want. Pharm companies would lose incentive to research if they could be (1)
Bobloblawlawblogblogslaw
forced at gunpoint to sell them at government mandated prices. This guy is a shitass, but be careful what you ask for. (2)
roonmian
Only when the right lives are in danger like when the Bush administration threatened to void Bayer's patens on anthrax medication.
TheWheelIsSpinningButTheMouseIsDead
That's fucked up. But I don't doubt it's true
TheThingNoNotThatOne
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.
revolutionofevolution
It has controlled distribution, so it's hard for a generic manufacturer to get a hold of it to analyze.
TheThingNoNotThatOne
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
TheThingNoNotThatOne
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
Gregah
Welcome to Capitalist America, get some socialism in place and maybe shit like this won
[deleted]
[deleted]
WaifuRapist
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.
Gregah
won't happen
KennyBlankenshipsmostpainfuleliminationoftheday
That's what I keep thinking yet people freak out about socialism like it's the end of the world
Gregah
People are goshdarn stupid.
TheWheelIsSpinningButTheMouseIsDead
You are goshdarn right *shakes head in disbelief that I just wrote that, but you are right
wasfonzinowunclefester
RICO LAW?
Vyrro
He has money...the law is on his side.
JvanR
america is doing the same to african countries, but if they need it they just break patents and just produce it themselves. 1/2
BlaneStrickland
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
NeoHelios
THANK YOU for the dropping the other shoe. Seems like most people don't understand basic economics.
NeoHelios
BTW... how does one "get into" pharmaceuticals as a "database" guy? :)
BlaneStrickland
By "database" do you mean creating a database for the companies? or closer to an IT networking guy?
NeoHelios
Can do, but moreso developing ETL for business intel. More analysis-based T-SQL coding, rather than DB admin stuff (security / backups).
BlaneStrickland
Right, I'm not too tech-savy, but I get it. There is a huge need in pharmacies for database management. 1/2
BlaneStrickland
Pharmacies typically fill and bill 200-1,000 scripts/patients per day. There is some software that is used to maintain this database (RxPro)
BlaneStrickland
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.
MoparGoVroomVroom
The law in the US is actually that the FDA cannot negotiate prices of drugs.
LittleGinger
In India they'd say "fuck your patent" and manufacture it generic. But since this is 'Murica...
Shinotsa
And, as with HIV meds, the courts would likely support them for saving so many lives
Irax
Maybe in these years. Nowadays tough ? I'm not so sure about it...
TheOldNewSlowFast
THIS IS A FUCKING GENERIC PILL. There is no patent. Anybody can make it.
BillNyedasNaziSpy
It does however have controlled distribution, so it's hard for generic manufacturers to actually do it.
PleaseDontRespondToMySarcasticCommentsWithASeriousReply
Anybody, you say?
VitaminJay
Wardycus
Generics aren't always the safest unfortunately. Have to wait for the patent to end so that the original drug can be copied.
Shinotsa
Generics are the same as the original +/- 20% concentration if I recall. This drug is fully and legally reproducible now
bluemofia
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
bluemofia
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
YourSecretSantaSHHHH
Actually, I thought they could only patent the process by which the drug is made, not the drug itself.
TheOldNewSlowFast
This is a non-story. There is no patent, it was developed over 60 years ago. Someone else will make it.
Surrealle
That still takes time, and they have no reason not to overcharge wildly for it either (while still coming in below 750)
TheOldNewSlowFast
You make a good case against government involvement in the whole affair.
TheForceAwokeButNotMe
Interesting comments from him: http://www.bloomberg.com/news/videos/2015-09-21/why-turing-increased-price-of-daraprim-over-500-
increaseblue
This sounds more like they want to profit off of insurers than patients. Important to see if they follow through with their "free" claim.
sch0f13ld
This should be higher. I still don't fully agree but it's good to have a different perspective.
Mikesjca
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.
beepbeepmeow
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.
[deleted]
[deleted]
beepbeepmeow
I'll believe it when I see it.
tijtij
Unless your poor and homeless or get sick over the weekend pharmacytimes.com/contributor/monica-v-golik-mahoney-pharmd-bcps-aq-id/2015/07/
DomDelouise
Thanks for posting this. Very informative
beepbeepmeow
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.
DomDelouise
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.
beepbeepmeow
producereski
an "opportunistic parasitic infection that can cause serious or even life-threatening problems" Is this about him or toxoplasmosis?
TheWheelIsSpinningButTheMouseIsDead
Sounds like the tagline from his autobiography...
droomph
It's recursive.
orangeman10987
http://imgur.com/YJiKbid
PlagueDoctorInDaHouse
Yes.
HeyItsHerrTrigger
HAH! noice!
JudgeMentaI
*snicker*
cerapls
Why not both?
sprockett
I hope the internet does to his name what it did to Rick Santoram
Ihavewaytoomanyfavoritestosort
I forgot what the internet did to Rick Santorum
Mountainmage
Sadly no amount of money has found a cure for being a fucknut.
iFINALLYmadeAcomment
I don't think being a fucknut is a problem to him.
twentysomething
8bitTunes
About $10 will get you a very sharp knife
TinyTaters
How much does an assassin cost?
TheWheelIsSpinningButTheMouseIsDead
About three-fiddy
8bitTunes
I'd do it for free
Millillion
Few tens of thousands of dollars.
droomph
Source: http://priceonomics.com/how-much-does-a-hitman-cost/
SSjay
That's really outdated, any up to date ones?
droomph
You'd have to boot up TOR for that and I'm not allowed to do that on university Internet.
SSjay
True.
SSjay
True.
droomph
<$9k for normal people, I would assume for a "high profile" hit it would be around $40k
NateintheNorth
Let's start a kickstarter
droomph
I'm sure that'll go down well with the 'thorities
NateintheNorth
Can they charge everyone that donates with "conspiracy to commit murder"?
Lock5446
F this guy.
myusernameismyrealname
in the A
Bambba
with the D
ChefHannibal
with a bleedy aids-y dick
TheColossusOfCloutt
And then sell him these pills at 150x the cost
equityforpunks
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.
khtad
And patent trolls.
notme222
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.
samsonsimson
As a patent attorney, this.
ih8uso
I do believe we recently reinforced it. People were too concerned with confederate flags and transsexual rights.
equityforpunks
Yeah.. Drug patents are the shittiest thing there are, as is whole industry and its force to independent research. Nasty business.
kong210
Drug patents are required though or else companies don't make money off the billions invested in researching novel drugs.
equityforpunks
That's what they keep telling you, but they only use money to research drugs that will sell billions. Rest is on public funding.
notme222
Then don't buy the drugs they "only researched for billions". If you rather it didn't exist, don't participate.
JonSnowForKing
*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
JonSnowForKing
easy to get and enforce to encourage innovation
KobaltKnight
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)
KobaltKnight
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)
KobaltKnight
with no real easy answer unfortunately. (4)
KobaltKnight
because the patent expires before then, allowing competitors to start making money off of your own research. It's a difficult situation (3)
whyteraven74
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.
equityforpunks
So any drug company could start making it with lower price.. if they'd want to.
TheresAGermanWordForThat
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.
vowofloudness
When the price was reasonable in 2010, total annual sales were $667,000. Not worth the investment necessary to manufacture.
equityforpunks
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.
vowofloudness
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.
mirrorz
This guy is about to get murdered.
Patilistan
by toxoplasmosis
Zemat28
He gon' die.
spookyu
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.
axelhoff
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
Studoku
Pfft, if. What's stopping you now?
axelhoff
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
OpOnion
I give it a day before he pussies out or dies.
howaboutthisonethen
So how about the rest of them?
destinoz
No he's not. He's simply one of many examples of the ruling class flaunting its power over the masses.
NateintheNorth
Bernie 16
StraightDownThumps
http://www.bloomberg.com/news/videos/2015-09-21/why-turing-increased-price-of-daraprim-over-500- Only one minute in and I was seeing red.
ThisIsNetsu
Honest answer? I wouldn't care. In fact.. I'd probably feel satisfaction.
MainManMisterMxyzptlk
I'd pay good money to watch that snuff film.
Areyoubiginjapan
I hate someone more than Kanye west now.
TheSlajJazz
Someone go on the deep web.
Krikr
We can only hope.
iwantaclevernametoo
https://j.gifs.com/vOo2GZ.gif
TheFrodo2
I can see it now... We did it imgur!
MOTHAFUCKINOEDIPUS
Or infected.
TheGhostMinx
http://www.collectedcurios.com/SA_0172_small.jpg
HighOnModelPaint
Hey! Someone else who knows the glory of Sequential Art! :D
TheGhostMinx
AMediocreSubstituteForDave
A couple close attempts on his life turned Carnegie around, maybe it would fix this guy?
Joshthesquash
Fingers crossed
dduncan55330
I wouldn't lose sleep.
1234GoodDawg
neither will anyone with a sense of morality, you're right dudde
RogerTheCabinBoy
and now Imgur is also condoning murder too.
1234GoodDawg
dude*
TheOldNewSlowFast
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.
TheGayAgenda
And until then, people will die.
beepbeepmeow
And like @TheGayAgenda said, until people who need this can get it somehow, they will suffer (physically or economically) or die.
IPreferDragonBosoms
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"
Genanishans
Welcome to the Internet, where people become theoretical murderers for the sake of... Whatever.
fistermatic5000
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>
fistermatic5000
>to a pussy.
IPreferDragonBosoms
Nah I don't want to see him murdered or anything its just that if he died I wouldn't be sad.
Genanishans
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.
Studoku
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.
JudgeMentaI
can we set up a kickstarter to get this done? I'll pitch in 5$
Studoku
Just post his address and a date and time. You can't spell mob justice without justice.
JudgeMentaI
also Tomb Juices
PORTUGUESETORTURING
go to deepnet, find a place that does assassinations. may cost more then 5 bucks tho. significantly.
YupImMajinTa
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)
JudgeMentaI
@NotACop, can you help us out?
lostintransmutation
How does one even get into the deep web?
Studoku
Google it I assume.
TheSwedishCryptid
Any website link that isn't on a search engine is technically deepweb as only way to access it is thru knowing the URL.
thefatlonelyjew
With a deep penis... Wait no idk
PenisOfDeath
The Tor browser is a good start, be careful though and do your research. The deep Web is highly treacherous ground.
ASAPSleep
I'll do it for $13.50
Evyreid
I'll do it for 'bout tree fiddy
Daswoms
I was hoping someone was going to say that!
greenroom628
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
greenroom628
or public endangerment. that's the best way to ensure other douchebags won't do this again to other life-necessary drugs. 2/2
cptkipard
Please. American businesses have been indirectly responsible for deaths for decades. Nothing gets done. That country is screwed.
beepbeepmeow
That's because lobbies buy representatives to do their industry favors later when they need them. Help end bribery: http://www.wolf-pac.com
cptkipard
Hey I like your edit. Good job not following the mob. Just remember sociopaths are always driven to parasitism. It's their nature.
AnalBees
>like get manlaughtered< FTFY
DataLady
He likely singlehandedly caused a 2% drop in biotech stock today due to fear of (needed) regulations. Wonder if he was betting that way.
SniggleJake
Look at lumber liquidators, high end stock holder got pissed sold his stock turned them in for stuff he knew they were doing illegally.
Bugofbelgium
Biotech has seen regular daily +/- 4% volatility after the chinese scare, 2% is literally nothing in current waters.
DataLady
Fair point.
wingnutie
This is why health care should not be privatized. People should not get rich off of someone's health.
[deleted]
[deleted]
KennyBlankenshipsmostpainfuleliminationoftheday
Ya probably in America, but there are a lot of countries with socialized health care that don't bankrupt people.
beepbeepmeow
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.
NeedNotApply
what about of someones hunger?
vowofloudness
Yes they should. If someone cures a disease, that person should be celebrated and rich, no question. The situation is complicated.
TheOldNewSlowFast
Nonsense. Nobody is getting rich. This is not a patented drug, it was developed decades ago. Anybody can make it.
HereWeDivide
ermagherd, muh free markerts!!11
TheNooiceGuy
I agree with a privatized health care just because competition initiates innovation,but there should be regulations on obvious extortion.
WhatRaySay
I disagree, but +1 for a reasonable comment
TheNooiceGuy
Ditto
StarrryNight
No it doesn't. Private health only wants to create customers. Socialist healthcare wants to create less of a burden on the system = cures.
TheNooiceGuy
So you're basically private health care only cares about correcting the symptoms and not curing the disease? Just want to make sure first
StarrryNight
Private healthcare is there to create a profit for the shareholders. They don't do that if they end the source of repeat business.
TheNooiceGuy
*So you're basically saying
TheThirdKindofHeat
This isn't about privatized healthcare. Don't conflate the issues of our for-profit insurance system with the issues of pharmaceutical 1/
TheThirdKindofHeat
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/
notme222
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
TheThirdKindofHeat
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/
TheThirdKindofHeat
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/
TheThirdKindofHeat
all the others that failed to get to market. 5/5
FormerNortherner
No, this is why drugs shouldn't have patents. Creates a monopoly. But I do agree, health care should not be for profit
twichy07
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.
AncientSeraph
No patents = no incentive to do research. Sadly the solution is not that simple.
FormerNortherner
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
AncientSeraph
Patents are still widely used in any and every context, so no, I don't think they changed any rules.
FormerNortherner
right. I meant - GE buried smaller companies by essentially de-capitalizing patents on their books and changed the business landscape 1/2
FormerNortherner
Likewise, there's gotta be other incentives to do research, it's just the current status quo of what drives research? 2/2
vowofloudness
Daraprim has been out of patent for decades. This has nothing to do with patents.
FormerNortherner
So why doesn't another company make it and sell it for a fraction of the price and eliminate this guys sales?
notme222
Because they're all busy complaining on the internet about how someone else should do something already.
vowofloudness
In 2010 when the price was reasonable, total sales were $667,000. Might not be worth the cost of setting up a factory.
FormerNortherner
We need Wayne enterprise's pharmaceutical division, but we don't deserve it...