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ryoder

The pill that a hedge fund bro jacked up to $750 will soon face a $1 competitor

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http://qz.com/531583/pharma-bro-martin-shkrelis-750-pill-now-faces-a-1-competitor/

I must admit, if I was an exec in a drug company, being able to do this to that little asswipe Shkreli would be sooo satisfying.>:(
"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

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I'm a little scared....

Are you saying that the free market responded with a $1 pill and this competitor is going to take away business from a company that tried to shaft the public with a $750 pill? They saw a market opportunity and took it, without the government passing some law? I'm outraged!!

We can't let this happen!!!!!! The free market is evil.

I'm sure that there is a SOME solution that congress can put forth to force the price down to like $300 or so and then increase taxes so that those that need it will be subsidized for that expense.



snicker - Imprimis is even doing this and still getting a jab in for overregulation......“While we have seen an increase in costs associated with regulatory compliance, recent generic drug price increases have made us concerned and caused us to take positive action to address an opportunity to help a needy patient population.”

Congress and the Exec are going to have to somehow shut this down now that they are called out. (or somehow try to take credit)

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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ryoder

http://qz.com/531583/pharma-bro-martin-shkrelis-750-pill-now-faces-a-1-competitor/

I must admit, if I was an exec in a drug company, being able to do this to that little asswipe Shkreli would be sooo satisfying.>:(



I agree.

Yes.

I really do.:)
I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

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‘Pharma bro’ Martin Shkreli gets ‘schooled by a real f*cking doctor’ during disastrous Reddit interview:

http://www.rawstory.com/2015/10/pharma-bro-martin-shkreli-gets-schooled-by-a-real-fcking-doctor-during-disastrous-reddit-interview/

:D
"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

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Quote

Imprimis CEO Mark L. Baum



A non female non minority? Probably straight too.

This can't stand. This is why we need big government to protect us.
Stupidity if left untreated is self-correcting
If ya can't be good, look good, if that fails, make 'em laugh.

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normiss

He's white, and rich, so he's good.



Only if he comes out as transgender, otherwise he is to be labeled as evil. You better get back in line, straying will not be tolerated.
I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

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normiss

He's white, and rich, so he's good.



"He's white male and rich, so he's good - snicker"
"He's white male and rich, so if he does anything good, It's likely for an evil purpose - snicker"



I think you guys' social wryness responses are crossing.

don't cross the streams

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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ryoder

Pharma Bro gets invitation to do some 'splaining to Congress



Why not just let the market destroy them now that a competitor stepped in....?

waste of taxpayer money - pols will get to chastise and posture and get some photo shoots.

I guess that's better than making a budget, cutting spending, or protecting our rights...

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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rehmwa

***Pharma Bro gets invitation to do some 'splaining to Congress



Why not just let the market destroy them now that a competitor stepped in....?

waste of taxpayer money - pols will get to chastise and posture and get some photo shoots.

I guess that's better than making a budget, cutting spending, or protecting our rights...

Somebody must have blamed it on a video.

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>Why not just let the market destroy them now that a competitor stepped in....?

How would Rep. Tim Walberg explain to his constituents in Michigan how he's "fighting for the little guy" without such opportunities to chastise and pontificate? Think of the poor guys* on this committee.

(* - and gals, don't forget them)

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SkyDekker

******Pharma Bro gets invitation to do some 'splaining to Congress



Why not just let the market destroy them now that a competitor stepped in....?

waste of taxpayer money - pols will get to chastise and posture and get some photo shoots.

I guess that's better than making a budget, cutting spending, or protecting our rights...

Somebody must have blamed it on a video.

Mission Accomplished
THANKS Obama
Clinton did it first
I blame Big Oil

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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billvon

>Why not just let the market destroy them now that a competitor stepped in....?

How would Rep. Tim Walberg explain to his constituents in Michigan how he's "fighting for the little guy" without such opportunities to chastise and pontificate? Think of the poor guys* on this committee.

(* - and gals, don't forget them)



Exactly. They've got to try to at least keep up the illusion that they're necessary. :P
Stupidity if left untreated is self-correcting
If ya can't be good, look good, if that fails, make 'em laugh.

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rehmwa

***Pharma Bro gets invitation to do some 'splaining to Congress



Why not just let the market destroy them now that a competitor stepped in....?

Well, it's not just about Shkreli - there are 5 other witnesses including Valeant's CEO.

rehmwa

waste of taxpayer money



Afterward, they can sit around for 3 hours and debate whether or not to ban him from the country.
Never was there an answer....not without listening, without seeing - Gilmour

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billvon

>Why not just let the market destroy them now that a competitor stepped in....?

How would Rep. Tim Walberg explain to his constituents in Michigan how he's "fighting for the little guy" without such opportunities to chastise and pontificate?



I find it a bit peculiar that you're singling out Walberg by name since this whole prescription drug thing has been (D-MD) Elijah Cummings' pet project since 2011 along with Bernie Sanders starting in 2014.

"For more than a year, I have pressed the Committee to investigate the skyrocketing costs of prescription drugs, and I’m pleased that the Chairman has now agreed to hold this hearing,” Cummings said."
http://democrats.oversight.house.gov/news/press-releases/tuesday-oversight-committee-holds-drug-pricing-hearing-long-sought-by-cummings


Cummings' statement to Shkreli:
"Mr. Shkreli was subpoenaed to appear before Congress, and it is his responsibility to take reasonable steps to comply. If he plans on trying to use his own intentional inaction as some kind of bogus excuse for not showing up at Tuesday’s hearing, people will see right through such a juvenile tactic. I hope he reconsiders his current course and avoids any additional legal action against him."
http://democrats.oversight.house.gov/news/press-releases/cummings-issues-statement-on-martin-shkreli-s-subpoena-to-appear-before


More Info:
Cummings' and Sanders' Investigation:
http://democrats.oversight.house.gov/news/press-releases/cummings-and-sanders-investigate-staggering-price-increases-for-generic-drugs

How it all started - scroll down for 4 pages of press releases history:
http://democrats.oversight.house.gov/investigations/investigation-of-skyrocketing-prescription-drug-prices
Never was there an answer....not without listening, without seeing - Gilmour

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billvon

>I find it a bit peculiar that you're singling out Walberg by name

He was as good as any other member, and has a funny name. Although to your point "Cummings" might be better. I missed that the first time.



I thought maybe it had something to do with Walberg trying to score some points after Flint's water crisis.
Never was there an answer....not without listening, without seeing - Gilmour

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normiss

What happened to blaming everything on Bush?



Too many guys giggle like silly school girls when the phrase "Bush is to blame" is used.

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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