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marmar

(77,067 posts)
Thu Sep 24, 2015, 11:02 AM Sep 2015

Roaches really don't like exposure to light ...........




The brash CEO of a pharmaceutical company under fire this week for an extreme price increase of one of its drugs apparently is done defending himself to the public — at least for now.

Martin Shkreli, the 32-year-old founder and CEO of Turing Pharmaceuticals, took his Twitter account private Tuesday night after commenting prolifically on social media this week in defense of raising the price of a drug called Daraprim by more than 5,000%. The price jumped to $750 per pill, up from $13.50. His account went dark after Shkreli told NBC News and ABC News on Tuesday evening that he would back off the price hike so the drug is more affordable but Turing still makes "a very small profit."

Turing Pharmaceuticals has not responded to a request for comment. Shkreli did not tell NBC or ABC what the new price would be. Daraprim is used to treat toxoplasmosis, a parasitic disease that especially affects people with weakened immune systems, such as those with AIDS. It is considered the leading cause of death attributable to food-borne illness, according to the Centers for Disease Control and Prevention.

....(snip)....

The Daily Beast reported Monday that in response to outrage over Daraprim's new price, Shkreli had tweeted that it was "a great thing for society" and tweeted lyrics to an Eminem song referencing giving the media the middle finger.

A reporter for FierceBiotech said in a post Sunday that Shkreli called him a moron in a Twitter exchange where the reporter had asked about the reason for the higher drug price. ................(more)

http://www.usatoday.com/story/money/business/2015/09/23/turing-pharmaceuticals-ceo-martin-shkreli-will-lower-price-of-daraprim/72670124/




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Roaches really don't like exposure to light ........... (Original Post) marmar Sep 2015 OP
I need to see definitions of the terms "more affordable" and "small profit." truebluegreen Sep 2015 #1
 

truebluegreen

(9,033 posts)
1. I need to see definitions of the terms "more affordable" and "small profit."
Thu Sep 24, 2015, 11:37 AM
Sep 2015

More affordable than $750 per pill? And what's a small profit to a hedge fund asshole?

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