Lawmakers and AIDS specialists are protesting the "overnight" increase of a drug that helps to battle parasitic infections in the elderly, infants, and AIDS patients.

The rights to the 62-year-old drug, called Daraprim, was purchased in August by Turing Pharmaceuticals, a small start-up company founded by Martin Shkreli.

Shkreli raised the price of Daraprim from $13.50 a pill to $750 a pill. The 5,000% price increase drew sharp criticism from lawmakers as well as infectious disease specialists.

Shkreli defended his price hike as a good "business strategy" to raise instant profits while saving lives. He said the price of Daraprim is affordable compared to other drugs used to treat parasitic infections.

“This isn’t the greedy drug company trying to gouge patients, it is us trying to stay in business,” he told the NY Times. “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.”

Shkreli also raised eyebrows when he purchased a hedge fund company in his 20s, and urged the Food and Drug Administration not to approve certain life-saving drugs made by companies whose stock he was short selling.

Short sellers make their money by using margin accounts to borrow stock that they don't own. They then wait for the stock price to drop so they can sell the stock at a profit. (Randolph Duke suffered a heart attack when he heard the words "margin call, gentlemen," in the movie Trading Places.)

  • Buttercup

    Karma is real, Martin. Hopefully, she will be swift in your case

  • jussaying

    Ugh, what a despicable little twit. See, I wish crimes like these were punished the way direct violence was. I often struggle with identifying who is worse - the gun wielding gangster who kills a couple of people in cold blood, or the sterile business men who systematically force long suffering on the impoverished by doing tactics like these which - in this case - not only directly harm individuals for placing a dire medication far out of their means, but contribute to creating the environment that enables that cold blooded murder to take place.

  • Jusstlookn2

    This again is horrible and there is special place in hell for these drug makers.

    This drug use given to many people for many things. It given to patients for after transplants. It's even given to animals. Hillary Clinton says she is going to take care of this.

  • MissHarlem

    He got the complexion for the protection. Rot in hell sir

  • MissHarlem

    Morning hun

  • Guest

    *Goes to see if Turing Pharma needs some budgets built for their important azz clinical research*??????

    Ashiddd I sure AF contacted Chimerix after they azzes came out with that Ebola drug. Tuh!?

    I'll be ya Doug!?

  • Jusstlookn2

    Hey babe hugs

  • aRoth

    .....and he's proud of that? Really?

  • Chitsngiggles

    Its too much shyt going on. They trying to kill niggas off. They not even hiding it no more.

  • Trini

    Where is a generic version when you need one

  • Blaque Mahogany

    I swear I was just thinking this...

  • MS PEACHES

    So this mofo is gonna make his money off the back end. The govt will pick up the slack and he will profit big time. Damn I am amazed and pissed.

  • Chitsngiggles

    I mean its so blatant.... So now only the rich will be able to live with AIDS.....

  • aRoth

    In the mind of the dope dealer slangin' on the corner.

  • Jusstlookn2

    That's the problem. It's just not him/ that company its many others. somed meds are not generic. There is only that one drug for that condition. These meds are now on speciality list and previously were not

  • Buttercup

    I do Nielson research sessions as often as they allow me. They only allow you to participate in paid researches every 90 days. I submit my information like clockwork.

  • Guest

    It has one.
    PYRIMETHAMINE.

  • Low E. {CIRCA 1908}

    BUT TECHNICALLY HE'S A DRUG DEALER TOO, RIGHT?

  • Guest

    Not for this drug you wont. I won't let you. It's hepatic absorption.

    You will have roaches in your liver for sure

  • iWasteTime

    So Greedy.
    I hope he never sells another pill and the company making the generic cakes off!!

  • TheRealLee

    Isn't the taxpayer paying for this through Obamacare. Big pharma is going to get even richer.

  • Guest

    Girl a pharmaceutical drug dealer. Legal. Through the govt. He at the top of the "gatdamn food chain" ( Tommy from Power voice)

  • http://theempirefiend.tumblr.com/ Bird

    The whole health care industry is morally bankrupt. It is over priced in every way. This idiot is basically saying that his drug was way cheaper than everyone elses and he just wants to be allowed to charge what they charge. If that is true why are people calling him out and not the others?

  • Buttercup

    hepatic absorption.

    ========
    You should've seen my face when I read this.

  • Blaque Mahogany

    She's going to handle it when she becomes President? Anything for a dang vote...

  • Blaque Mahogany

    You're in the clinical research field?

  • Buttercup

    I don't think it works like that.

  • Trini

    Then they need to boycott those bastards. They obviously don't care about the people who can't afford to pay $750 per pill, so why should anyone care about them.

  • LabellaMior

    Like cancer, I honestly think there is a cure. But the money is in medication/ pills being pushed by these big pharmaceutical companies. The rich get richer the poor die.

  • Guest

    Yes. Not Clinical operations anymore. Finance.

  • aRoth

    And that lil prick looks to be no more than 14 years of age. Who is his deddy and hoe ass mammy?

  • Sexy CJ

    ..................

  • WHITTYwithWORDS

    Now I love the lord and Jesus is my brother..But this person in my office has been giving the chick in the other cube a sermon for 25 mins...sir please..

  • Sexy CJ

    ....................

  • TheRealLee

    Then explain how in a short statement? Why do you think medications and procedures become out of reach.

  • aRoth

    Tell him to go tell it on the mountain.

  • Sonny Johnson

    One thing people should understand is in the pharmaceutical industry finding a cure is one of the worst things that can happen to that industry they are reliant on people remaining sick and needing their product. Why do you think their are so many drugs available for one sickness? their not trying to cure just keep you alive so you'll continue to use the product. Companies in the Pharmaceutical industry is the one industry that should not be in competition with one another if they really value the sanctity of human life

  • Milani

    this little pipsqueak...he knew exactly what he was doing when he raised the price.

  • WHITTYwithWORDS

    he a sprit...its a low tone whisper of the lord and I just can't...

  • hotntot95

    Ironically I'm going to get a HIV screening today, but this has to be really sad news for people who are infected and can't afford this treatment. Capitalism is a Damn shame.

  • Guest

    If that is true why are people calling him out and not the others?
    ^^^^^^^
    Bc way he did it. Nobody blatantly raises their prices 5000% and then be like checkmate muthafawka. Who gone check me. ?

    And this a lil Itty bitty unknown pharmaceutical company. He ain't no Pfizer. He ain't t no GSK.?

    "It aint Ralph tho!"

    His approach unorthodox like hell.

  • MissHarlem

    Such a turn on you are ?

  • AprilRain

    Well said!!!!

  • aRoth

    I want some alfalfa sprouts.

  • Buttercup

    The increase of price will be passed along to the patient. For example, insurance will still cover $10 for each pill, so instead of paying $3.50 out of pocket per pill, $740 is needed. The same would apply in instances where insurance cover percentages as opposed to flat rates.

  • Guest

    Not just HIV/AIDS. This drug used to treat malaria and cancer and as @JLooking said fight off infection after transplants. Multi-indicational drug.

    He got alot of folks caught up.

    The outrage so great he gonna give in tho. This is just a lesson on what he CAN do. If he wanted too.

  • <—Doesn'tTalkToStrangers

    WHALE this is business, and you can sell your product for however much money you choose HOWEVER YOU DO HAVE TO ANSWER TO GOD ON JUDGEMENT DAY.

    Carry on player :tea:

  • Guest

    You is too.?

  • Noize4u

    He looks like a dweeb

  • LabellaMior

    Like cancer I honestly think there is a cure for HIV/AIDS. But the money is in these big Pharmaceutical companies

  • aRoth

    :dead: @ "it ain't Ralph tho!"

  • Guest

    I pure had to Google. Like Turing Pharmaceuticals?

    Who dey ill?

    My azz know now though!

  • SummerBaby

    I heard about this a few days ago & this is wrong as hell. In that still he look like he saying oh well ?

  • aRoth

    New post... Nicki'nem

  • TheRealLee

    OK, that helps. How was it before obamacare.

  • stanley

    That's $22,500 for a 30 day supply, that's amazingly greedy and should be illegal. Congress ain't doing their job if they allow this to go forward.

  • <—Doesn'tTalkToStrangers

    Agreed. The market will dictate what happens. THIS won't be the price for long, BUT IT COULD BE IF he wanted.

    Weirdo basstid

  • Buttercup

    Before the Affordable Healthcare Act, everyone wasn't required to have health insurance. Now that there are more people in the pool of those insured, the cost of insurance is more affordable to all- by all, I mean those who didn't previously qualify for state-provided health insurance and who couldn't get it through an employer.

  • Guest

    And really this is a big huge stink cause big pharmaceutical companies looking like who da fugg HE think he is? ?

    They azzes slept on this old azz drug and let some young, whippersnapper come in, buy the rights, and do HIS thug thizzle.

    He dont eem have a medical background! He caught ALL of em in resting bish phase. ?

    No company currently eem MAKES the generic form right now either. Just read that.?

  • Low E. {CIRCA 1908}

    THAT PESKY DOUBLE STANDARD

  • jussaying

    sigh, i love when people explain things logically and with grammar i can understand. look at you sounding all educated, go heeeead. <3.

  • Readytochokemothernatureonout

    Role reversals do occur....

  • <—Doesn'tTalkToStrangers

    WOW! THIS can actually be good then, because maybe a couple alternatives can be made, and bought.

  • Buttercup

    It's a lot more to it than that, but that's the 250,000 ft. overview. LOL

  • Lulu

    Playing with someone's life is a good business strategy. ..gre

  • jussaying

    oh i know! i've already done research on obamacare because i had to sign up my grandmother. i meant generally. i'm phasing out of my twenties, so sometimes i don't understand the slang anymore. over here trying to sound ish out at my desk like i need hooked on phonics.

  • Satin Panther

    The Pharmaceutical hustle is real profitable. He's raising the price on a drug for A.I.D.S that they already have a cure for. Chris Rock said it best, the money is not in the cure, they make the money from medications. It's probably unbelievable how many diseases can be cured that they are purposely keeping away from us.

  • GubmentCheeze

    This is whats wrong with America today. People are so quick for a "come up" they will step over their own in order to get there. I hope that the FDA comes out with a generic version of this drug and this lil Pee Wee Herman looking fool goes bankrupt.

  • Buttercup

    "Phasing out of my twenties" <3 I love that phrase! I've been saying that I'm in my twenties finale.

  • http://sandrarose.com SandraRose

    Exactly.

  • http://sandrarose.com SandraRose

    He's a typical narcissist. They have no empathy for the suffering of others.

  • Blue

    He wrong for that.

  • maleorderside

    Karma is slow cause guys like him constantly get away with errrrthing

  • Blue

    oops!

  • Lolalao

    They're legal drug dealers and the reps are the pushers.

  • http://sandrarose.com SandraRose

    There is no cure for cancer. But it's coming. Pharmaceuticals will make money regardless. The same could be said for all other diseases that were eradicated.

  • http://sandrarose.com SandraRose

    It's not their fault that people abuse Oxycontin.

  • maleorderside

    And she can dance to black music too.

  • http://sandrarose.com SandraRose

    It will take years of research and trials before those drugs come to market. No other company can use the same active ingredient in Daraprim until the rights he owns runs out.

  • maleorderside

    He kinda fine though. Like in a...I'll rape you and throw you down the stairs type of way.

  • http://sandrarose.com SandraRose

    FYI. Regarding AIDS patients: this drug treats opportunist infections like taxoplasmosis. Opportunist infections are so called because they are secondary infections that take advantage of weak immune systems in AIDS patients. Most HIV patients don't get fully blown AIDS thanks to drug cocktails or PrEP. This drug (Daraprim) is not part of the drug cocktail. So it is not as essential to AIDS patients as it is to the elderly or babies who contract taxoplasmosis or malaria.

  • aRoth

    I see.

  • http://sandrarose.com SandraRose

    That's the trademark name that Daraprim is registered under. That's not a generic.

    EDIT: I did some research. The trademark already ran out on Daraprim. But not enough people need Daraprim to make it worthwhile for other pharmaceuticals to make generics.

  • jussaying

    lmao i love the twenties finale. i might have to cop that.

  • Nik

    This guy is going to slow roast in HELL TO THE NAW with no seasoning for this. Pharmaceutical companies profit from people being unwell, so healthy people are their worst nightmare. I'm not a vegan, vegetarian, or a veg anything, but I do realize that eating healthy, exercise, and trying to heal my ailments the natural way is better for me than running straight to the doctor. Sometimes they put you on stuff you don't even need or tell you to try XYZ medicine because they get a kickback form the pharma companies. I had a doctor put me on some medication one time and when I went to another one, she was like why are you taking medication for a condition you don't have? I was like excuse me while I go find a match to light this joint up!

  • Nik

    YAAAAS!

  • GTFOHWTBS

    May the BAC reap what he sow

  • MookieFly

    Raising the price is fine but $750 a pill is stupid as hell and just plain greedy. There has to be some type of unlawful business practice he is breaking

  • http://sandrarose.com SandraRose

    There is no generic. He owns the rights to sell Daraprim/Pyrimethamine under that name. I did some research and the patent on Daraprim has already run out. But so few people need Daraprim that other pharmaceuticals don't think it's profitable to make generic brands. That's why he's getting away with it.

  • Blue

    male. focus! You thinking about his money not his actual looks

  • Blaque Mahogany

    Chile.... don't get me started.

  • Poochie

    It's always these toilet seat complected devils that would rather see people die and earn a profit. When will they ever pay for their evils?

  • Smartypants

    Blame capitalism....

  • http://totallifechanges.com/PurTEA VanillaCaramel2shotsExpresso

    I just saw him being interviewed.... I can say this.........he isn't any nicer on camera then paper. He was arrogant and justified his actions. He also was asked would he change his mind about the price... He said NO! ARSE

  • Jessica

    Arrogant little twerp! May karma bite him in his ass. Little twerp looks retarded.

  • Jessica

    Yep. This needs to be handled RIGHT NOW! Even if she wins, this can't wait until she's sworn in January 2017 to right this wrong.

  • TheRealLee

    I know that. My question is if you had insurance as before or before the AHCA, how would people have managed with a price hike like that. My point is that some insurance companies would have covered, others not. Today, nobody gets the drug thanks to greedy big pharma.

  • rodt

    He just doing a long con and shorting this business as well. The outrage will for it to drop and then he will buy it and then sell it at a profit. Guy is evil but mad smart

  • YouWearItWell

    This situation reminds me of MLK quote, "A threat to justice anywhere is a threat to justice everywhere." This is truly injustice.

  • https://www.wattpad.com/user/aleonhart Annie Leonhart

    Uh-huh, I smell an agenda.

  • Jusstlookn2

    Iono that's what she said...Maybe she gonna make to calls and emails from her private home computer.

  • Blaque Mahogany

    Uhhh she can't do anything.

  • LordeAmbler

    He could've moderately raised the price and no one would have said a thing. But to drastically show your greedy hand. I wish dope boys would get in the real business of drugs and peddle aids and diabetic pills on these streets and leave that powder shit alone.

  • Prettyreddbone?

    I read this article yesterday in the NY times. As the bible says, the LOVE of money is the root of evil. Thanks Sandra aka Aunty for blogging about this as this is need to know information.

  • http://ivyleaguelove.tumblr.com/ Applebootay

    The devil

  • jeniefrumdabloc™

    Just wow ...... wow .... now this is evil... smh

  • http://batman-news.com Mickey Knoxx

    where are the protests?

  • 1/8

    I'm in favor of saving the elderly and children, at any cost, but... I have no sympathy for newly diagnosed AIDS patients who contracted the disease via unprotected sex.

    On that same list are HIV/AIDS patients who continually engage in risky sexual practices.

    Once again, responsible citizens who work for a living are about to get gouged by the government, because we insist on babysitting irresponsible morons.

    I say, let nature take its course.

  • BlahBlahBlah

    Dude, ur a Richard! Short for Dik!

  • Yes, I’m That Leah

    Going straight to hell for this.

  • B Zandaz

    Ohhhh but he won't....His greed and lack of mercy shall cause his wealth to crumble before his prideful eyes

  • BrittBrat2005

    This actually good idea for those out there that's not keeping their mind right when it comes to safe sex.. you either pay what $2 for small box condoms or be paying for 750 a month for your life..But for the ones that don't have a choice so sad American Rich people stay money hungry..smh

  • Goddess™

    Well, the black guys are helping to kill our race off anyway by not procreating with "full blood" black women anymore. Our race is extinguishing anyhow so they really dgaf.

  • Sexy CJ

    "It's All About the Benjamins Baby".........

  • Sexy CJ

    And Grants............

  • fRAktal Reality

    What an arrogant, evil, KRAKKAA...

  • Peter DatmusicCrew Knowz

    Hopefully he catches AIDS then we'll see the price drop even lower than 13 bucks a pill

  • Power*Pup*

    he looks like the type that has to pay for love (escorts) & SMDH; it's a shame he's able to get away w/that!!

  • BLOODBLOOD

    Well looks like y'all bet not get aids

  • http://totallifechanges.com/PurTEA VanillaCaramel2shotsExpresso

    Well he decided to lower the price! He caved under the pressure and said he was lowering the price and taking a lower profit .... Praise God!

  • http://totallifechanges.com/PurTEA VanillaCaramel2shotsExpresso

    He said he is lowering the price! The pressure was too much! I wouldn't be surprised if the government didn't pressure him or give him an incentive . I think that he was wrong , however; he just took advantage of a loop hole in the system . He went too far with it and had an arrogant attitude. That was his major downfall . Arrogant Arse!

  • Sainthella

    What an azzhole

  • kekeb

    Well wishes

  • kekeb

    I can't with these sad and insensitive comments about AIDS smh. Just wow

  • jussaying

    Im not one for judging on looks usually but his face is really ratty. He just looks suspect. I bet he's always been an insensitive assholio.

  • http://totallifechanges.com/PurTEA VanillaCaramel2shotsExpresso

    Arse as Sandra says! That's my new word from over the pond.