Twitter shreds drug profiteer for increasing cost of common treatment of parasitic infections by 5,455 percent
“It really doesn’t make sense to get any criticism for this," Martin Shkreli said, unaware that it really does
Scott Eric Kaufman FollowTopics: martin shkreli, Big Pharma, New York Times, andrew pollack, healthcare, Video, aol_on, Business News, News
Former hedge-fund manager Martin Shkreli is coming under fire after Andrew Pollack published an unflattering profile of his company, Turing Pharmaceuticals, on Sunday.
The article hinged on the fact that Turing purchased Daraprim, used to treat life-threatening parasitic infections in pregnant women and immunocompromised individuals, and immediately raised the price of the drug from $13.50 per dosage to $750. Shkreli claimed that the drug is used so infrequently that it would have minimal impact on the health care system.
“This isn’t the greedy drug company trying to gouge patients, it is us trying to stay in business,” he said, adding that most individuals on the drug are receiving doses for short periods of time, and that the new price better reflects the rarity with which it is prescribed.
“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.”
Needless to say, not only does it make perfect sense for him to be receiving criticism “for this,” he’s getting quite a bit of it:
Martin Shkreli deserves a special place in hell. Like, holy shit. I want him invited to every AIDS related funeral.
— devin aune (@devaun38) September 21, 2015
Turing Pharmaceuticals owner, 32 year old douch bag motherfucker Martin Shkreli needs to accept that his karma,… http://t.co/gB6jLHovnd
— Lisa Stoutmoose (@stoutmoose) September 21, 2015
BREAKING MY NO-SERIOUS-TWEETS RULE BECAUSE THE WORLD MUST KNOW WHAT WHAT AN AWFUL PIECE OF SHIT MARTIN SHKRELI IS. GOOGLE HIM. NEED NEW LAWS
— Jake Hyland (@AdjectiveNouns) September 21, 2015
Drug Goes From $13.50 a Tablet to $750, Overnight http://t.co/z6hCcAEegS Martin Shkreli–you're about to become a campaign issue. Please.
— Jonathan Alter (@jonathanalter) September 21, 2015
You Might Also Like
Unless there's some defenders out there (I'm sure there are), I think Martin Shkreli has united every possible group in their hatred of him.
— Scott (@firescotch) September 21, 2015
No such thing as bad publicity? Maybe, but this is not going to end well for Shkreli and Turing. Or the rest of us. http://t.co/RRWreEwMYl
— Michael Gilman (@michael_gilman) September 20, 2015
Note the shift in perspective—Shkreli defends the drug price change in systemic terms, but his business individually. pic.twitter.com/qwcJ1mmI6E
— Kieran Healy (@kjhealy) September 21, 2015
His League of Legends teammates, however, remain supportive:
Team Imagine Chairman Martin Shkreli takes flak for hiking drug price. #LeagueOfLegends #NALCS #Esports #Daraprim https://t.co/OtnqLNTSBm
— Thiemo Bräutigam (@Braeutigamer) September 21, 2015
They no doubt approve of his favorite method of dealing with criticism — quoting rappers:
i am not the one to fuck with #wutang
— Martin Shkreli (@MartinShkreli) August 17, 2015
$VTL twitter fingers turn into trigger fingers
— Martin Shkreli (@MartinShkreli) August 13, 2015
At least he’s generous — or at least, boasts on Twitter about being generous — to the “scientists” whose life’s work he profits off of:
If you are a world class microbiologist or parasitologist you should be working at Turing. We actually respect scientists here.
— Martin Shkreli (@MartinShkreli) August 10, 2015
We pay scientists 1-2% royalties. If you make a $1b drug, you deserve $10-$20m/y for 10 years. Most CEOs are too jealous to let that happen.
— Martin Shkreli (@MartinShkreli) August 10, 2015
Watch Shkreli speak to Bloomberg Business about the reaction to his decision below.
You Might Also Like
More Related Stories
-
Capital One wants you bankrupt: No lender sues more of its customers than the low-interest credit card company
-
Austerity is their best weapon: How the rich and powerful sold inequality to the masses
-
Star Wars will crush us all: Here come more blockbusters, more culture disguised as action figures
-
Kesha's horrifying nightmare -- and the Adele comparison from Sony that goes way beyond acceptable
-
Warren Buffett is a phony: Every liberal's favorite billionaire is actually cut-throat, not cuddly
-
The NBA vs. the NRA: League commish, stars like Carmelo Anthony and Stephen Curry, make brave push against gun violence
-
Welcome to the "1099 economy": The only things being shared are the scraps our corporations leave behind
-
Jon Stewart, we really miss you: We need your "war on bullsh*t" more than ever
-
The corporate takeover of the Red Cross: How a former AT&T exec gutted America's most recognizable charity
-
The game is completely rigged: The 1 percent has more than ever -- and the system is too broken to deal with it
-
Republicans shield these radical Islamists: Why the GOP field won't talk honestly about Saudi Arabia
-
Rich white people are ruining the planet: How the donor class prevents action on climate change
-
Evgeny Morozov on Uber's disruptive, libertarian lie: "Whatever the CEO of Uber might say about Ayn Rand, the company itself is interested only in producing regulation that works in its favor"
-
Michael Moore just exploded the right's biggest lie
-
Bottled air from Canada is selling like crazy in China
-
Robert Reich: Martin Shkreli is just a product of American capitalism
-
"Bean to bar" chocolatiers say sorry for tricking the world into paying exorbitant prices for remelted chocolate
-
Please, Republicans, believe in science again: We need this climate deal, and can't do it without you
-
There are two Americas entirely: How the U.S. became a "dual economy" -- and what can be done to reverse it
-
The media needs to stop telling this lie about Donald Trump. I'm a Sanders supporter -- and value honesty
-
Take this, Fox News: Wal-Mart, Chick-Fil-a and the War on Christmas we should all get behind
Featured Slide Shows
- Share on Twitter
- Share on Facebook
- 1 of 13
- Close
- Fullscreen
- Thumbnails
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
- Previous
- Next
-
Recent Slide Shows
-
Blood moon magic: 17 amazing images of the supermoon around the world
-
"Dick Cheney watches television": The four previously unseen 9/11 photos that will make you hate the evil VP all over again
-
Heartbreaking images from Sandra Bland's funeral
-
Must-see photos: Never-before seen images inside the White House on September 11
-
The best series finales ever
-
When marriage is an act of political protest
-
Photos from the Happy Ending Salon
-
Make Summer More Poetic with These 10 International Works
Related Videos
Comments
Loading Comments...
Most Read
From Around the Web
Presented by Zergnet
-
Do one thing a day in the first week of 2016 to be a better person environmentally.
-
5 things you can do to catch up if you overspent on the holidays.
-
Meet the student fighting for his country's native language. He's great.
-
France figured out how to make its grocery stores feed even more people.
-
Bad weeks don't seem so rough when you apply this perspective to life. Here's how.


