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Post Reply HIV Pill price raised by 5000%
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18 / F
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Posted 9/22/15
Well as they say, you can't put a price on life.








He just did.
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18 / F
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Posted 9/22/15 , edited 9/22/15
Saw some articles earlier, one of them was http://www.nytimes.com/2015/09/21/business/a-huge-overnight-increase-in-a-drugs-price-raises-protests.html?_r=0


]Martin Shkreli, the founder and chief executive of Turing, said that the drug is so rarely used that the impact on the health system would be minuscule and that Turing would use the money it earns to develop better treatments for toxoplasmosis, with fewer side effects.

“This isn’t the greedy drug company trying to gouge patients, it is us trying to stay in business,” Mr. Shkreli said. He said that many patients use the drug for far less than a year and that the price was now more in line with those of other drugs for rare diseases.

“This is still one of the smallest pharmaceutical products in the world,” he said. “It really doesn’t make sense to get any criticism for this.”


That is where his stance comes from.

Reading more of the story, I think some media are trying to make this a sensationalism piece leading to an emotional backlash.
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Rabbit Horse
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Posted 9/22/15
except some people actually need the drug and there's virtually no alternative.
of course the businessman would dismiss any impact in the health system.
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Online
Posted 9/22/15
I'm so glad there's still the CD4 bone marrow cure from black plague survivor descendants
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13 / F / California
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Posted 9/22/15
Seems he isn't the only asshole price jacking meds.

Who would have thought that.

At the rate they are going, these bosses are going to be found in shallow graves somewhere.
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13 / F / California
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Posted 9/22/15
Didn't the patent run out on this drug a long time ago?
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Posted 9/22/15
Anyone know how I can get a hold of Night Raid? Got a job for them after reading this bullshit
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22 / M / New York
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Posted 9/22/15 , edited 9/22/15

Kandyrose wrote:

Saw some articles earlier, one of them was http://www.nytimes.com/2015/09/21/business/a-huge-overnight-increase-in-a-drugs-price-raises-protests.html?_r=0


]Martin Shkreli, the founder and chief executive of Turing, said that the drug is so rarely used that the impact on the health system would be minuscule and that Turing would use the money it earns to develop better treatments for toxoplasmosis, with fewer side effects.

“This isn’t the greedy drug company trying to gouge patients, it is us trying to stay in business,” Mr. Shkreli said. He said that many patients use the drug for far less than a year and that the price was now more in line with those of other drugs for rare diseases.

“This is still one of the smallest pharmaceutical products in the world,” he said. “It really doesn’t make sense to get any criticism for this.”


That is where his stance comes from.

Reading more of the story, I think some media are trying to make this a sensationalism piece leading to an emotional backlash.


You can find a handful of articles about this.

Even though that's his stance, saying it's "rarely used" doesn't mean it isn't used at all. For the people who DO need it, absolutely cannot afford it... at least the norm can't. Saying the cash is to develop more treatments needs to be taken with a grain of salt, because $750 for ONE pill each is extremely absurd.
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18 / F
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Posted 9/22/15

tf2pyros wrote:


Kandyrose wrote:

Saw some articles earlier, one of them was http://www.nytimes.com/2015/09/21/business/a-huge-overnight-increase-in-a-drugs-price-raises-protests.html?_r=0


]Martin Shkreli, the founder and chief executive of Turing, said that the drug is so rarely used that the impact on the health system would be minuscule and that Turing would use the money it earns to develop better treatments for toxoplasmosis, with fewer side effects.

“This isn’t the greedy drug company trying to gouge patients, it is us trying to stay in business,” Mr. Shkreli said. He said that many patients use the drug for far less than a year and that the price was now more in line with those of other drugs for rare diseases.

“This is still one of the smallest pharmaceutical products in the world,” he said. “It really doesn’t make sense to get any criticism for this.”


That is where his stance comes from.

Reading more of the story, I think some media are trying to make this a sensationalism piece leading to an emotional backlash.


You can find a handful of articles about this.

Even though that's his stance, saying it's "rarely used" doesn't mean it isn't used at all. For the people who DO need it, absolutely cannot afford it... at least the norm can't. Saying the cash is to develop more treatments needs to be taken with a grain of salt, because $750 for ONE pill each is extremely absurd.


Yeah, I hope I didn't make it seem like he was right or justified, Just wanted to throw his rationale out there in case anyone was wondering.
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13 / F / California
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Posted 9/22/15
So it looks like they are abusing the fuck out of the Orphan Drug Act AND Obamacare.

Go around, buy up drug patents, jack up prices to crazy rates, profit.
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49 / F / Center of the Uni...
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Posted 9/22/15 , edited 9/22/15
Maybe he just hates gay people,

(sarcasm) They're the only ones affected right? (/sarcasm)
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46 / M / Between yesterday...
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Posted 9/22/15 , edited 9/22/15
Living in a libertarian paradise. So guys how do you control the bad actors in your dream libertarian society?
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Posted 9/22/15
Like to clear out some stuff.

The drug helps treat toxoplasmosis, not AIDS.

Toxoplasmosis is what you call an opportunistic disease. People with normal immune systems can fight off the infection without a problem, but in patients with weakened immune systems this becomes a problem. The parasite that causes this disease is one of the world's most common parasites, but most healthy people don't notice.

http://www.rxlist.com/daraprim-drug/indications-dosage.htm
http://www.mayoclinic.org/diseases-conditions/toxoplasmosis/basics/definition/con-20025859

The guy's still an asshole, I don't disagree with that.
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13 / F / California
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Posted 9/22/15

gvblackmoon wrote:

Living in a libertarian paradise. So guys how do you control the bad actors in your dream libertarian society?


I know you are just trolling, but I fail to see how someone abusing not one, not two, but three government systems is "living in an libertarian paradise"

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It doesn't matter.
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Posted 9/22/15
What kitchen utencil would you be?
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