Skip to main content

Meet current world's most hated man

Martin Shkreli, 32, founder and chief executive of Turing Pharmaceuticals who was a former hedge fund manager, purchased the rights to Daraprim - a drug which is used to treat life-threatening parasitic infections - in August for $55million. Shortly thereafter, the price of the drug, which costs roughly $1 to produce, was increased to $750 per tablet. The drug cost only $13.50 per tablet and you needed only 100 tablets to treat yourself and be well.
Shkreli told Bloomberg that he hiked up the price of the pill because Turing Pharmaceuticals 'needed to turn a profit on the drug', needed to upgrade , had manufacturing, distribution, FDA and had to pay its workers well to make sure that the drugs were made to specification. Which people thought was bogus because the previous company met all the requirements he mentioned and were still able to sell it for $13.50 per tablet.
 
'This isn't the greedy drug company trying to gouge patients, it is us trying to stay in business,' Shkreli said. 
He added that many patients use the drug for less than a year and that the price is on par with drugs similar that are used to treat rare diseases.
Since the announcement, people across social media have criticized the price increase, including US Presidential aspirant, Hilary Clinton, but Shkreli has backed the decision. He had an OK Cupid account which he has since deleted.










Comments

Popular posts from this blog

ISIS executes man by running him over with armoured tank

My goodness! Everyday these terrorists look for more barbaric ways to kill people. But why not run, why stand there and wait for an armoured tank to crush you? The worst they will do is shoot you dead if you keep running...and is that not better than this? The photos are horrific. Continue...

14yr old boy arrested by police in Texas after his homemade clock was mistaken for a bomb

There is a strong and angry reaction to this on social media with the hashtag #IStandwithAhmed. 14 year old Ahmed Mohamed was arrested after he'd made a clock at home and brought it into MacArthur High School in Irving to show his engineering teacher who congratulated him. Another teacher who heard it's beeping sound during class, saw it and believed it looked like a bomb, alerted school authorities who called the police.

How to Earn on Hydra Cryptocurrency

H ydra is a cryptocurrency which will be released into the blockchain marketing system.when you signup at Hydra, you get 500HDA and you get 350HDA daily as UBI(universal basic income). How to earn on Hydra cryptocurrency   1 Hydra is ~ to $0.7 currently. Hydra app will be launched on October, by then you will be able to exchange Hydra for Bitcoin,etherum and others. Grab the opportunity to earn money while at home this period, for Hydra can be witdrawed by October. Ways you can accumulate more Hydra Hydra can be accumulated by referring others, when you refer others, you get 500HDA. How much is the value of Hydra(HDA) By October 1 hydra will be ~ to $1 and by December it will be $1.2. When Hydra will be able to be used  Hydra will be available to be used ,transfer,or invest when the zolous app will be launched in December. How to signup ? So what are you waiting for,signup now and start accumulating Hydra while it's still free, for witdrawal and exchanging of Hydra will start ...