Pharmaceutical Pirates
https://www.washingtonpost.com/news/...or-asking-why/
This is screwed up. Old drug gets sold and this bandito raises the piece astronomically. :( |
This will get the sort of publicity corporations dread.
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The CEO culture has gone full asshole.
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Generic drugs are also going through the roof. :(
http://www.forbes.com/sites/greatspe...s-shooting-up/ |
"Until last month, patients suffering from the parasite-borne disease toxoplasmosis -- which in its worst manifestations can cause blindness, neurological problems or death -- had reasonable access to a remedy: a six-week, two-pill-a-day course of the drug Daraprim, at a cost of about $1,130.
Then an entrepreneurial company called Turing Pharmaceuticals acquired the exclusive rights to Daraprim and raised its price from $13.50 per pill to $750, bringing the total treatment cost to $63,000. For longer-term patients such as sufferers from HIV, the annual cost can go as high as $634,000, according to a joint statement from the Infectious Diseases Society of America and the HIV Medicine Assn." Hiltzik at the LA Times http://www.latimes.com/business/hilt...21-column.html |
Yes, but, but, but it's free market capitalism and all perfectly legal. Right?
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Remember that I do not play gotcha. Cut loose and experiment with an answer. |
"a former hedge fund manager" :(. These guys do not sleep. They want to become overnight billionaires, regardless...
http://www.bbc.com/news/world-us-canada-34320413 |
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https://en.wikipedia.org/wiki/Martin_Shkreli |
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