As a defense attorney, you can tell your clients to stop talking to the press and trolling online, but they don’t necessarily have to listen to you. Attorneys for price-hiking pharma bro and Wu-Tang Clan enthusiast Martin Shkreli haven’t been able to keep him quiet, which may be a problem in his trial for securities fraud that begins today. [More]
daraprim
Martin Shkreli Pleads The Fifth To Everything, Even When Asked About Wu-Tang Clan
By 2.4.16
Like a small child who refuses to eat his dinner but remains steadfast at his seat until his parents finally relent and let him go to his room, controversial pharmaceuticals investor Martin Shkreli — best known for jacking up the price of an important HIV treatment by 5,400% in a single day — sat before a Congressional panel this morning and repeatedly cited his Fifth Amendment right against self-incrimination, even when it involved his expensive taste in hip-hop. [More]
Express Scripts To Offer $1 Version Of Drug That Skyrocketed To $750/Pill Overnight
By 12.1.15
Earlier this year, a company called Turing Pharmaceuticals purchased the rights to Daraprim (pyrimethamine), an anti-parasitic used to treat malaria and toxoplasmosis, that had sold for as little as $1/tablet until not too long ago. Overnight, the price of Daraprim skyrocketed to around $750/pill, resulting in angry doctors, and a Senate investigation. Today, pharmacy benefits giant Express Scripts announced a partnership that will introduce a version of pyrimethamine at the pre-Turing price. [More]
Doctors Not Happy After Drug Goes From $13.50/Tablet To $750 Overnight
By 9.21.15
Gripe as we might, consumers understand that price increases do happen. What’s not as easily understood is how the price for something can go from $13.50 one day to $750 the next — especially when it’s a generic drug used to save lives. [More]
