3 ms·
Everyone wanted to crucify Shkreli for the toxo drug price hike. Where is the outrage for the mentioned 667% hike on generic Prozac? Or did people just target S
by corndoge 7y ago
Everyone wanted to crucify Shkreli for the toxo drug price hike. Where is the outrage for the mentioned 667% hike on generic Prozac? Or did people just target Shkreli because they didn't like his views on other things?
- FireBeyond 7y agoWell, Shkreli was an easy target: 1) he repeatedly took us for saps. "People are angry at me because I'm raising the price of this drug when most of them will still pay the same $20 copay". Except we're paying for the full cost of the drug. The fact that the cost is "invisible" because it comes out of our insurance pool was the issue, and he genuinely acted victimized because people could see past that. 2) On at least one occasion, he/his company opposed FDA approval of a new drug. Not on the basis that there was risk/danger/issues of efficacy, indeed, the new drug was less risky and more efficient. It just didn't belong to his company. i.e. if you thought re-patenting drugs was bad, this guy was literally doing the things the worst "Big Pharma conspiracy theorists" were saying - opposing the introduction of new, better drugs for no reason other than "threat to corporate profit".
- ssully 7y agoEveryone wanted to crucify Shkreli because of the drug price hike stuff, and because he was incredibly visible on social media trolling people.
- lacker 7y ago“667%” is not a great way to describe that price hike. It went from $9 to $69. If some critical drug costs $69, that doesn’t seem all that bad. Using the number “667%” is actually losing accuracy, for the sake of a big scary number.