Martin Shkreli responds to Sydney school kids who recreated his overpriced drug for US$2
Source: International Business Times
By Garima Satija on December 02 2016 5:54 PM
Former Hedge Fund Manager Martin Shkreli, popularly called “Pharma Bro,” shot to notoriety last year after his company bought the rights to life-saving drug Daraprim and raised its priced by over 5,000 percent in the US. Even after Shkreli later reduced the price of the drug, he still remained in public eye since then.
To show that the pricing of Shkreli’s drug was exorbitant, a group of eleven school boys from Sydney Grammar School, aged between 16 and 17, recreated the active ingredient of the drug at a shoestring budget in their school’s laboratory. Under the guidance of research chemist Alice Williamson and Associate Professor Matthew Todd, the students succeeded in making the drug for mere US$2 (AU$2.70) a pill.
Now, after the news broke out that Australian school boys recreated his drug at a cheap rate, Shkreli rose to limelight once again and became the target of many people on social media. Interestingly, Shkreli responded to the tweets that criticised how he had monopolised the drug, and later released a 55-second video, in which he is seen boasting of his own achievements.
Thereafter, in another tweet, he defended his stance saying that “lab scale manufacturing” and “manufacturing costs millions to maintain.”
Read more: http://www.ibtimes.com.au/martin-shkreli-responds-sydney-school-kids-who-recreated-his-overpriced-drug-us2-1535566
= new reply since forum marked as read
but I had pretty much the same reaction.
...based on the type of candidates that Trump has been looking at (Mad Dog for Defense, Sessions for Justice, Price for HHS, Palin for VA, DeVos for Education etc) This guy would be a stellar choice based on Trumps selection process.
Imagine....a drug company executive who at the FDA would be the Pharmacy industries fantasy head of the FDA..... He could approve everything and allow Drug companies to gauge and withhold life saving drugs or easily approve others. Maybe even come up with regulations that would prohibit generic drug manufacturers or criminalize and prevent even some Highschool kids in a chemistry lab to produce identical life saving meds at low cost and be punished for showing how it can be done.
And this guy has the perfect arrogance and demeanor to fit right in with the rest of the Trump Wet Dream Team for making America Great Again!!!
