News

WATCH: Former Wolf Of Wall Street Martin Shkreli Has Raised The Price Of An AIDS Drug By More Than 5000% Overnight

WATCH: Former Wolf Of Wall Street Martin Shkreli Has Raised The Price Of An AIDS Drug By More Than 5000% Overnight

Martin Shkreli, a hedgefunder who started a company called Turing Pharmaceuticals, who bought the rights to Daraprim, a drug which treats the effects of AIDS and until now cost $13.50 per pill. Shkreli made the decision to increase the price to $750 per pill in order to “turn a profit”.

The drug, which treats toxoplasmosis, had had a number of owners and has been around for more than 60 years. Having bought the rights to this critical anti-parasitic drug, Shkreli upped the price by more than 5,000%. His justification for the price increase is that some of the extra money earned from the drug will go towards research to find a more modern alternative.

This is sadly just a sign of a capitalist system in which even healthcare panders to corporate greed and not human need.

Leave A Comment
News

More in News

Reluctant Suicide Bomber

WATCH: Shocking Footage Shows Reluctant Suicide Bomber Sobbing Moments Before Blowing Himself Up

September 25, 2015
Bodybuilder's Heart Explodes.jpg

Giant Bodybuilder’s Heart Explodes, After Taking Steroids To Look Like Wrestler “The Rock”

September 25, 2015

North And South Korea Agree To Hold Reunions For Families Separated Since 1953

September 14, 2015

WATCH: Two Topless Feminist Protestors Storm Muslim Conference

September 14, 2015
New Research Reveals That The Nazis Were Meth Heads

New Research Reveals That The Nazis Were Meth Heads

September 14, 2015

WATCH: James Bond’s Iconic Submarine-Car Has Been Listed On eBay… For $1,000,000

September 10, 2015

Send this to friend