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Related: About this forumBernie Sanders, Chris Hayes MSNBC 'CEO Who Hiked Drug Price 5,000% Backs Down' Last Night
*Watch Video, 5:54 mins.
http://www.msnbc.com/all-in/watch/ceo-who-hiked-drug-price-5-000--backs-down-530534467922
With host Chris Hayes Sen. Bernie Sanders discusses the high cost of pharmaceuticals in the US and the recent drug purchase by Martin Shkreli (above) who increased the price 5,000%. The cost to make the pill is $1.00.
A former hedge funder, Martin Shkreli bought the rights to the life saving drug Daraprin, raised the price from $13.50 to $750 per pill, a cost increase of 5,000%. Late yesterday he reversed his decision citing the current political climate and other factors.
fredamae
(4,458 posts)by How Much? Will this Greedy Little Turd restore it to $13.50? I understand it costs About $1.00 to make! Or will he take a "cool $50.00" off sell 'em for $700. each, then call it a hard day's work and MSM will call him a Hero???
appalachiablue
(41,126 posts)and at any cost, becoming richer by deciding the price of a drug to save people's lives.
What's wrong with the glorious, global 'FREE MARKET' capitalist system, and the cost to humans and the planet in the last 40 years since Republican President Ronald 'Dutch' Reagan?
> The ANSWER is right here, psychopath predators like former hedge fund financier MARTIN SHKRELI.
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"Greed, for Lack of a Better Word, is Good". ~ Gordon Gekko.
From "Wall Street" (1987) the movie directed and co-written by Oliver Stone.
-Wall Street Corporate Raider Gordon Gekko portrayed by actor Michael Douglas.