Posts filtered by tags: Daraprim[x]


 

Despite Drug Industry Claims, Higher List Prices Do Mean Higher Out-of-Pocket Costs for Many Patients

New research suggests that as the list price of brand name drugs rise, so do out-of-pocket medical costs for these drugs—at least for some patients. This is counter to a common industry claim that patients aren’t affected by list price increases. The study found a link between list prices rising and out-of-pocket…Read more...
Tags: Health, Science, Medicare, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Pharmacy, Pharmaceutical Industry, Drug Pricing, Prescription drug, Health Sciences, U S Healthcare, Healthcare Reform In The United States, Pharmaceuticals Policy, Health Medical Pharma, Benjamin Rome


New York and Federal Authorities Sue ‘Pharma Bro’ Martin Shkreli for ‘Scheme’ to Keep Drug Price Up

NEW YORK — State and federal authorities sued imprisoned drug entrepreneur Martin Shkreli on Monday over business tactics that helped make him the bad-boy face of profiteering in the pharmaceuticals industry, seeking to bar the so-called “Pharma Bro” from the industry for life. Shkreli became infamous in 2015 for engineering a huge price hike for a long-existing medication for a sometimes life-threatening parasitic infection. Monday’s lawsuit, filed by the New York attorney general’s office...
Tags: New York, News, Uncategorized, Federal Trade Commission, Ftc, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Shkreli, Letitia James, Onetime, Pharma Bros, Phoenixus AG, Federal Authorities Sue ` Pharma Bro, Vyera Pharmaceuticals LLC, Gail Levine


Shkrelifreude: while Martin Shkreli rots in prison, his price-gouging pharma company is hemorrhaging money

Smirking pharma-bro Martin Shkreli first came to public attention when he hiked the price of a drug used by people with HIV from $13.50/pill to $750/pill. (more…)
Tags: Post, Business, News, Hiv, Pharma, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Guillotine Watch, Phoenixus, Sic Semper Smirking Shitheads, Vyera


For shame: ‘Pharma bro’ Shkreli is in prison, but Daraprim’s price is still high

It was 2015 when Martin Shkreli, then CEO of Turing Pharmaceuticals and the notorious "pharma bro," jacked up the cost of the lifesaving drug Daraprim by 5,000 percent. Overnight, its price tag skyrocketed from $13.50 a pill to $750.
Tags: Health, Martin Shkreli, Daraprim, Turing Pharmaceuticals, ` Pharma


Sobbing Martin Shkreli Sentenced to 7 Years in Prison for Securities Fraud and Being an Asshole

When “pharma bro” Martin Shkreli spoke with Gizmodo back in September, he told us he wouldn’t spend a single day in prison. Turns out, he was wrong.Read more...
Tags: Crying, Science, Hiv, Wu Tang, Gizmodo, Pharma, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Once Upon A Time In Shaolin, Pharma Bro, Hivaids, Septic Shock, Judge Kiyo Matsumoto, Shkreli Sentence, Sobbing


Martin Shkreli May Have to Give His Wu-Tang Album to the Feds

Martin Shkreli, the convicted securities fraudster, insufferable troll, and so-called “Pharma Bro” widely loathed for jacking up the price of anti-parasitic drug Daraprim, bought the Wu-Tang clan’s single-copy album Once Upon a Time in Shaolin in 2015, impressively making himself even more widely loathed. It’s…Read more...
Tags: Science, Technology, Finance, Wu Tang, Pharmaceuticals, Department Of Justice, Lol, Doj, Martin Shkreli, Daraprim, Once Upon A Time In Shaolin


Pharma-Bro Martin Shkreli leaks Wu-Tang Clan’s $2 million album

Infamous rich guy Martin Shkreli has teased some more of the world’s most expensive album, Wu-Tang Clan’s 1-of-a-kind ‘Once Upon a Time In Shaolin’. The American pharmaceutical executive came to prominence after raising the price of one of his drugs, Daraprim, by 5000%. The world lashed out and so was created the closest we have to a super-villain that isn’t trying to invade anywhere or start any wars – that we know of. Last year Shkreli got the attention of the hip-hop community when he bough...
Tags: Music, Leak, Wu Tang, Pharma, Martin Shkreli, Daraprim, Wu-tang Clan, Artist / Label News, Once Upon A Time In Shaolin, Trump, Shkreli, Pharmaceutical, Bro Martin Shkreli, Pharma Bro Martin Shkreli, Unreleased, Snippet


‘Most Hated Man in America’ Martin Shkreli Found Guilty of Securities Fraud

Following five days of a deliberation, a Brooklyn-based jury found Martin Shkreli guilty of two counts of securities fraud as well as conspiracy. The 34-year old businessman was acquitted of five charges of conspiracy. Shkreli’s sentence hasn’t yet been set. After tossing a nervous smirk to his legal counsel, Skhreli headed outside to decry the The post ‘Most Hated Man in America’ Martin Shkreli Found Guilty of Securities Fraud appeared first on Legal Reader.
Tags: Court, Jury, America, Brooklyn, Verdict, Martin Shkreli, Turing Pharmaceutical, Daraprim, News & Politics, Pharma Bro, Securities Fraud, Shkreli, AIDS medication, Martin Shkreli Found Guilty of Securities Fraud, Skhreli


Quirky Genius Allegedly Well-Versed in Fraud

Quirky Genius Allegedly Well-Versed in Fraud The post Quirky Genius Allegedly Well-Versed in Fraud appeared first on Legal Reader.
Tags: Business, Legal, Law, Jury, Entrepreneur, Management, People, Fraud, Statement, Genius, Price, Quirky, Lawyer, Chief Executive, Drug, Tag


Former Co-Worker Says Martin Shkreli “Full of Shit”

Ah to be loved and respected by your employees. That is something Martin Shkreli doesn’t have to worry about. A recent article in the New York Post suggests some co-workers think he is the anti-Christ. Now that the feds (and seemingly everyone else) is trying to take down Shkreli, it appears that some of the co-workers are willing to speak. As a leading whistleblower law firm investigating big pharma, we are always on the hunt for pharmaceutical workers willing to blow the whistle on fraud, gree...
Tags: New York Post, Taxes, Congress, US, America, United States, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Martin, Shkreli, House Committee, Jane Doe, Retrophin Inc, Fraud Recovery, Brian Mahany


8 Outrageous Quotes From Martin Shkreli

The fraud trial for Martin Shkreli, the founder of Founder of Turing Pharmaceuticals, started Monday. Before that happened, the “pharma bro” gained notoriety in 2015 for raising the price of Daraprim, a drug that helps AIDS patients, from $13.50 a tablet to $750. He faced charges of using profits from Retrophin, a drug company he founded, to repay investors he also defrauded.
Tags: News, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Retrophin


Thanks, Martin Shkreli, for the Dumbest Advice Ever on Drug Pricing

Martin Shkreli is the epitome of everything the American consumer loves to hate.Shkreli, formerly the CEO of privately held Turing Pharmaceuticals, found himself in the spotlight in Sept. 2015 after his company acquired the rights to Daraprim, a life-saving, infection-fighting drug for AIDS and cancer patients. Despite not changing the formulation of Daraprim (which happened to be more than six decades old), or altering its manufacturing process one iota, Shkreli raised its per-pill price from $...
Tags: Finance, Health Care, Sean Williams, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Shkreli, Getty Images Continue, Gild, Cb3f3954-f4a8-11e6-a027-0050569d4be0


It Happened Again! Another Drugmaker Got Caught With an Exorbitant Price Hike

If you thought that Martin Shkreli was the lone bad apple of the bunch, think again.In September 2015, the so-called "Bad Boy of Pharma" was called out by regulators for acquiring rare-disease drug Daraprim through his privately-held drug company, Turing Pharmaceuticals. Shkreli and Turing then proceeded to increase the price of the drug by roughly 5,500% -- to $750 per pill from $13.50 -- overnight. What made the action more mind-numbing, and what really caught the attention of lawmakers, was t...
Tags: Finance, Turing, Health Care, Sean Williams, Martin Shkreli, Daraprim, VRX, Getty Images Continue, 440d2a6c-f256-11e6-90de-0050569d4be0, Turing Pharmaceuticals Shkreli


Some Teenagers Recreated Martin Shkreli's Crazy-Expensive Drug For $20

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Tags: News, Australia, Cnn, Sydney, World Health Organization, Turing, Huffington Post, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Shkreli, Williamson, University of Sydney, Steven Hoffer


Pharma Bro Martin Shkreli Thwarted By High School Students — They Figured Out How To Make His $750 Drug For Just $2!!!

Science triumphs over greed! Love it! "Pharma Bro" Martin Shkreli has made a name for himself as a pop culture heel over the past year, doing things like threatening to break the only copy of Wu Tang's unique album. But don't forget the truly heinous reason we know him at all -- because he bought the rights to Daraprim and raised the price 5500% from $13.50 to $750 per dose. Related: Pharma Bro Endorses Donald Trump For President Daraprim, chemically known as pyrimethamine, is used to treat mala...
Tags: Celebs, US, Sydney, World Health Organization, Wu Tang, Turing, Donald Trump, Patton Oswalt, Alice, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Pharma Bro, Todd, Shkreli, University of Sydney


High school heroes recreate the pill Martin Shkreli priced at $750 for a measly $20

Martin Shkreli swiftly earned transcontinental enmity when back in 2015 the ‘pharma bro’ jacked up the prices of life-saving HIV medication Daraprim from a modest $13.50 to an astronomical $750 overnight. But now it seems an ambitious group of Australian high school students from Sydney has found a much cheaper way to make the drug. The resourceful high-schoolers successfully recreated Daraprim’s key ingredient in their school lab. What’s particularly impressive is that the teenage collective ma...
Tags: Startups, Money, Sydney, Martin Shkreli, Daraprim


Sydney School Kids Just Made Martin Shkreli’s Overpriced Drug for About $2

But they won’t be selling it in the U.S. any time soon
Tags: School, News, Children, Australia, Uncategorized, Sydney, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Big Pharma, 2


For A Bit Of Cash, You Get To Punch Pharma Bro Martin Shkreli In The Face

The punchability of Martin Shkreli’s’ face can’t be denied, and that’s a fact the businessman is now hoping to capitalize on in order to help a family in need. Related: A Coven Of Queer Witches Have Placed A Hex On Pharma-Bro Martin Shkreli The Turing Pharmaceuticals founder, decreed “America’s most hated man,” earned humanity’s wrath by jacking up the price of AIDS medication Daraprim to $750 per pill. I will auction one slap/punch in the face to benefit my friend Mike who passed away & leave...
Tags: Feature, Aids, Lifestyle, America, Paula Abdul, Kfc, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Ad Friendly, Queerty, Mike, Shkreli, Daniel Roberts, Mike Kulich


Credit Where Credita s Due

Politicians and media types are often all too quick to assign blame to the pharmaceutical industry, and they are helped by such highly publicized cases as that of Martin Shkreli, the former chief executive of Turing Pharmaceuticals. Turing purchased the rights to Daraprim, a 62-year-old drug for treating a parasitic infection, and promptly increased the price to $750 a dose.
Tags: Martin Shkreli, Daraprim, Turing Pharmaceuticals Turing


Martin Shkreli and the High Price of Narcissism

In one sense, it would have been hard to expect anything other than the narcissistic, antagonistic performance Martin Shkreli offered yesterday on Capitol Hill. The alleged drug profiteer and Ponzi schemer has demonstrated time and again that his ego comes first. He will do what he wants and say what he wants, consequences be damned. But in another sense, one would expect Shkreli to at least understand what was on the line during the examination of his former company’s decision to hike the price...
Tags: Politics, CSR, Healthcare, Crisis, SEC, Capitol Hill, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Madoff, Shkreli, Levick, Department of Justice DOJ, House Oversight Committee If, U S Securities and Exchange Commission SEC, Katherine Mclane


‘Pharma Bro’ Martin Shkreli Disavows Tweet Supporting Jeb Bush

Martin Shkreli, the disgraced ex-CEO of Turing Pharmaceuticals, said on Saturday evening that a tweet from his account expressing support for Jeb Bush was not made by him, but by a woman with whom he was on a date. “My date made the tweet about Jeb Bush as a joke,” Shkreli tweeted. “I don't follow politics except for having a profound hatred for all politicians.” Shkreli is known as “Pharma Bro” for jacking up the price of the rare, life-saving medication Daraprim -- and then express...
Tags: Florida, Jeb Bush, Huffington Post, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Pharma Bro, Shkreli, Daniel Marans


Martin Shkreli and the High Price of Narcissism

In one sense, it would have been hard to expect anything other than the narcissistic, antagonistic performance Martin Shkreli offered yesterday on Capitol Hill. The alleged drug profiteer and Ponzi schemer has demonstrated time and again that his ego comes first. He will do what he wants and say what he wants, consequences be damned. But in another sense, one would expect Shkreli to at least understand what was on the line during the examination of his former company’s decision to hike the pric...
Tags: SEC, Capitol Hill, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Madoff, Shkreli, Levick, Department of Justice DOJ, House Oversight Committee If, U S Securities and Exchange Commission SEC, Katherine Mclane


‘Pharma Bro’ Martin Shkreli Goes Complete Douchebag in Front of Congress

Martin Shkreli, 32, is finally getting his day in court, and for those looking for a reason to continue to loathe this guy, it didn’t disappoint. Although he is facing federal securities fraud, and is known as the man who thought it was a wise business decision to spike a life-saving drug that helped fight HIV from $13.50 to $750 per pill, his bravado entered the Congressional chambers before he did. And he hardly said a word. Committee Chairman Jason Chaffetz, a Utah Republican, asked Shkreli w...
Tags: Maryland, Congress, Healthcare, Wu Tang, South Carolina, Committee, Martin Shkreli, Daraprim, Turing Pharmaceuticals, Trey Gowdy, Elijah Cummings, Shkreli, Congressional, Big Pharma, Cummings, Jason Chaffetz


Greed, lies, and Shkreli’s smug “performance”: Lawmakers go ballistic (ars technica)

Martin Shkreli, former CEO of Turing, smirked his way through Thursday's Congressional hearing. (credit: CSPAN) WASHINGTON—After Turing Pharmaceutical raised the price of the decades-old, life-saving drug, Daraprim, from $13.50 a pill to $750 last fall—leaving some patients with $16,000 co-pays—Turing executives handed out six-figure bonuses, spent thousands of dollars on a lavish yacht party, and paid a public relations firm to help them shine their tarnished reputation. The revelations ...
Tags: Utah, Washington, Turing, Martin Shkreli, Daraprim, Beth Mole, Shkreli, Congressional, House Committee, Jason Chaffetz, Martin Shkreli Turing


Martin Shkreli Invokes His Fifth Amendment Right Not to Discuss His Wu-Tang Album With Congress

Aspiring YouTube Live star Martin Shkreli made an appearance at a federal hearing today to talk about his securities fraud charges . Except that, on the advice of his counsel, Martin Shkreli refused to talk at all—about anything.Read more...
Tags: Congress, Wu Tang, Martin Shkreli, Daraprim, Wu-tang Clan, Turing Pharmaceuticals


Drug company boss Martin Shkreli refuses to testify to Congress

Shkreli invokes fifth amendment right not to answer questions about HIV drugSo-called ‘most hated man in America’ hiked price of Daraprim 5,000%Martin Shkreli, the pharmaceutical boss dubbed “the most hated man in America” for increasing the price of an HIV drug by 5,000%, refused to testify on Thursday in an appearance before US lawmakers who excoriated him over severe hikes for a drug sold by a company that he acquired. Related: Pharmaceutical (and Wu-Tang) villain Martin Shkreli has courted...
Tags: Business, Congress, US, America, US news, House Of Representatives, Pharmaceuticals industry, Wu Tang, Martin Shkreli, Daraprim


Shkreli insults Congress on Twitter after refusing to testify

"Hard to accept that these imbeciles represent the people in our government," said Shkreli, using his @MartinShkreli Twitter handle. Earlier, Shkreli invoked his Fifth Amendment right against self-incrimination and declined to answer questions from lawmakers about drug price increases he engineered such as hiking the price of 62-year-old Daraprim to $750 a pill from $13.50. During the hearing, Shkreli, whose youth and attitude have prompted some critics to label him "Pharmabro," responded to que...
Tags: Daraprim, Shkreli, Congress on Twitter, Pharmabro


Former Drug CEO Not Expected To Answer House Panel's Questions

Martin Shkreli is to appear before a House panel Thursday for a hearing on drug prices. Shkreli's company purchased the life-saving drug Daraprim, and then raised the price by 5,000 percent.
Tags: House, Martin Shkreli, Daraprim, Shkreli


Martin Shkreli Says He Would 'Smack Ghostface Killah' If He Was In The Room

The controversial Martin Shkreli paid a visit to "The Breakfast Club" - after being the recipient of Donkey of the Day from our own Charlamagne Tha God . Shkreli has been in the news recently for having purchased a Wu-Tang Clan album for $2 million, raising the price of Daraprim by 5,0000 percent to $750, being arrested and insulting Ghostface Killah .
Tags: Martin Shkreli, Daraprim, Shkreli, Breakfast Club


Martin Shkreli Resents Being Labeled “Pharma Bro,” Says You’re All Just A Bunch Of Haters

Like a bad case of herpes, Martin Shkreli is back. Again. The 32-year-old rabble rouser sat down with FOX5-TV for an exclusive interview this week and, guess what? Despite all the bad press, losing $15 million, being fired from his own company, getting arrested by the FBI, and being charged with securities fraud, he’s still a total douchebag. Related: Pharma-Bro Martin Shkreli Was Just Arrested By The FBI Shkreli began the interview by addressing his nickname “Pharma Bro,” which he says couldn’...
Tags: Feature, Fbi, Fox, House, Martin Shkreli, Daraprim, Ad Friendly, Queerty, Shkreli, Pharma-bro, FBI Shkreli, Shrkeli