2 ms·
> Martin Shkreli approves because some medications just don't cost enough for the benefits they provide. When we reductively reduce the value of human life to Q
by FireBeyond 3y ago
> Martin Shkreli approves because some medications just don't cost enough for the benefits they provide. When we reductively reduce the value of human life to QALY and profits, part of our humanity slips away.
A drug comes before the FDA for approval, and it is opened up for comment. Shkreli lodges an objection to approval of this drug.
Why? Because it's unsafe? No - trials thus far have shown it to be safer than existing drugs.
Why? Because it's less effective? No - it's also been shown to be more effective than existing drugs.
Perhaps it's more expensive? No - cost of R&D and production, and estimated retail costs are expected to be lower than existing drugs.
Huh, odd. So why did Shkreli oppose this drug getting to the market?
Because he and his company had just bought the patent to one of those 'existing drugs' recently, and this drug coming to market would torpedo demand for his drug, and torpedo the profitability of his investment in buying the patent.
Fuck Martin Shkreli.