Soundtrack Central The best classic game music and more

    Pages: 1

avatar! Sep 23, 2015 (edited Sep 23, 2015)

http://www.nbcnews.com/news/us-news/dru … ge-n431926

http://www.thedailybeast.com/articles/2 … shole.html

In case you haven't heard, Shkreli raised the price on the life-saving medicine from $13.50 to $750 per pill. Yup, about 5500% more per pill!

"When confronted by the reporter with the low cost of producing Daraprim—about $1 per pill by her estimate—Shkreli claimed that the price hike was necessary for Turing Pharmaceuticals to increase revenue, and that some of the profits would be funneled into research and development costs for a Daraprim alternative. But as Emory University infectious disease professor Dr. Wendy Armstrong told RawStory, “I certainly don’t think this is one of those diseases where we have been clamoring for better therapies.” "

Basically he's full of shite. Oh, and read about how he harassed a family! Along with the lying sack of filth Mark Palmer (who killed Cecil the lion, by shooting him with an arrow and letting him suffer for 48 hours) I would love to see his head on a spike.

GoldfishX Sep 23, 2015

As a GOP supporter that believes in private markets and profit-driven mentalities...Yeah, I totally agree, this guy is a cancerous piece of shit. I also think he's reflective of why healthcare costs are going up so much. I mean, if you've hit your deductible, you're not paying the $750 per pill, your insurance most likely is. Figure 20-30 in a fillup and $$$.

I have been hearing he got pressured into lowering the price though.

avatar! Sep 24, 2015

GoldfishX wrote:

I have been hearing he got pressured into lowering the price though.

Well, yeah.

http://www.cnbc.com/2015/09/21/biotech- … ments.html

"The major biotech ETF fell to its lows of the day after Democratic presidential hopeful Hillary Clinton said Monday she would take on "price gouging" in the pharmaceutical industry."

Goldfish, any news from any of the Republicans on this? I would like to think that this is now going to become a focus of the campaign. Seriously, something has to be done to stop pieces of filth like Shkreli.

GoldfishX Sep 24, 2015

Truthfully, no...This thing blew up too fast. I don't think any of them commented on it. I would be curious, since a few of them (Paul and Carson, both guys I support) are actual well-regarded doctors.

Hillary probably got advised to jump on this ASAP, so people will stop talking about her email scandal. I heard about her monthly limit proposal on prescription drugs before I heard about the $750 pill. Good strategy, as this is a blatant example of corporate greed (This Shkreli guy almost seems too sleazy to be real). That is my personal problem with how the Dems are tackling healthcare...they are not reigning in the inflated prices, they are simply peddling high-deductible insurance plans to people to help them afford them (so once you pay your $6000-$10000 deductible, then your out of pocket costs stop). So $750 pills will continue to exist, it's just the insurance companies bearing the burden of most of them.

raynebc Sep 24, 2015

Nothing will encourage high tech, new medicines like a price cap.  And if that cap gets put in place, people can expect the price of cheaper medicines to increase so drug companies can try to make up the difference.  Vulture capitalism deserves to be punished when it comes to life saving treatments, but a knee-jerk reaction sending ripples through an entire industry is probably not the right course of action.

GoldfishX Sep 24, 2015 (edited Sep 24, 2015)

BTW, when I said "good strategy" I meant jumping on the topic while it was politically fresh, not the cap idea itself (insurance more or less serves that purpose I believe, at least in most normal circumstances)

raynebc Sep 24, 2015

In that context, sure, Hillary was damn happy to have something to talk about besides her shifty email habits.

avatar! Sep 24, 2015

I think you're probably right in that Hillary jumped on it because it was opportune. However, I still want to know what the other candidates have to say. Carson was an MD, so I would think he would jump down Shkreli's throat.

GoldfishX Sep 25, 2015

Carson takes a lot of questions on his facebook page. I think that's a fair question for him. He may have already chimed in on it.

    Pages: 1

Board footer

Forums powered by FluxBB