Yesterday's episode of Saturday Night Live had a number of memorable moments, but it was the show's slam of "Pharma Bro," Martin Shrkreli, during Weekend Update that really hit a nerve. Read More »
It's being reported that early Thursday morning, Turing Pharmaceuticals founder Martin Shkreli was arrested on securities fraud charges. The hedge fund manager, known to many as "Pharma Bro," rose to fame back when he was accused of price-gouging a medication – one that helps those suffering from AIDS – 5000%, from $13.50 to $750 per pill. Read More »
In a somewhat shocking, yet not-so-shocking bit of news, that secret Wu-Tang Clan album, Once Upon a Time in Shaolin, officially sold to the highest bidder for millions. What's not really all that surprising is the fact that the highest bidder was life-saving AIDS drug price gouger, Martin Shkreli. Read More »
Politicians typically love donations, but if you ask Vermont Senator Bernie Sanders, it all depends on who it comes from. The Democratic presidential candidate reportedly turned down a donation from drug CEO Martin Shkreli. You know, that guy who jacked up the price of an AIDS and HIV pill 5000%. Well, Sanders did it and now the CEO is reportedly furious. Read More »
Turing Pharmaceuticals of New York, the company behind the AIDS medication Daraprim, has been catching a lot of crap for what many are calling price gouging. The price of that medication Daraprim has jumped from $13.50 to now $750 per pill. What was once an affordable solution for anyone suffering from toxoplasmosis due to a weakened immune system – which is usually made up of AIDS patients and pregnant women – is now 5000% more than the original price. Turig's CEO Martin Shkreli told NBC News he didn't anticipate the negative action that he would receive. Read More »