Tag Archives: pharma

ABC News Australia reports: For $US20, a group of high school students has created 3.7 grams of an active ingredient used in the medicine Daraprim, which would sell in the United States for between $US35,000 and $US110,000. Pyrimethamine, the active ingredient in Daraprim, treats a parasitic infection in people with weak immune systems such as pregnant women and HIV patients. …

The Week recaps: “I would like to talk to you about drugs,” John Oliver said on Sunday’s Last Week Tonight, but not in some 1960s “reefer madness” way. “Unfortunately, America is now in the midst of a new drug crisis, and it seems that no one is safe from it,” he said. That would be the “epidemic of addiction to …

Gothamist reports: A Martin Shkreli fan meetup at the Henry St. Alehouse in Brooklyn Heights was shut down by the bar yesterday just hours before it began—and now the bar’s social media is being flooded with hate from Shkreli’s admirers. Shkreli picked the bar because of its proximity to the U.S. Federal Court on Cadman Plaza, where he was presumably …

Via press release from ACT UP: Over the weekend, the New York and Philadelphia chapters of ACT UP, the AIDS Coalition To Unleash Power, teamed up with allies UAEM (Universities Allied for Essential Medicines) and The Other 98% to stage a tug-of-war with pharma bro’s outside Hillary Clinton’s Philadelphia campaign headquarters ahead of the Democratic National Convention. Activists targeted candidate …

For real. Via Yahoo News: Auditions are being held this weekend to play Martin Shkreli in a upcoming musical about the infamous millionaire, hoverboard-riding pharma bro called “Martin Shkreli’s Game.” “Remember when the internet thought that Bill Murray could legally steal back the $2 million Wu-Tang Clan album, Once Upon A Time In Shaolin, from that pharma bro Martin Shkreli? …

From the Associated Press: Federal prosecutors in New York have filed additional criminal charges against a pharmaceutical executive who separately was heavily criticized for raising the price of a lifesaving malaria medication. A new indictment filed Friday in Brooklyn says Martin Shkreli and his former attorney Evan Greebel schemed to defraud potential investors of his former drug company Retrophin Inc., …

Via Mediaite: Shkreli’s choice for the next president is an interesting one, especially since Trump once called him a “spoiled brat” when asked about his infamous price-gouging. Vanity Fair did a profile on Shkreli not long afterwards, where he responded to Trump with a “f*ck” him. Shkreli later tried to donate to Bernie Sanders, but the senator rejected his offer. Shkreli …

From the Washington Blade: Democratic presidential candidate Bernie Sanders made a new commitment to highlight access to generic medications during a meeting with HIV/AIDS activists, according to attendees at the meeting. The meeting took place late Wednesday in San Bernadino, Calif., with days remaining before the Democratic primary in the state on June 7. According to a statement from the …

Fulton County, Georgia – whose county seat is Atlanta – has launched a no-cost PrEP clinic in collaboration with Gilead, the maker of Truvada. Matt Hennie reports at Project Q Atlanta: Fulton County health officials openly embraced PrEP for HIV prevention on Friday, launching a new clinic for the once-a-day pill to combat the virus among high-risk groups, including gay …

The New York Daily News reports: “Pharma bro” went to Washington — and for once, he shut up. Reviled ex-executive Martin Shkreli smirked his way through a congressional hearing about his infamous drug price-gouging Thursday morning, but hid behind the Fifth Amendment to avoid every single question — even one about the Wu-Tang Clan. The hearing committee quickly got fed …

Politico reports: The drug industry’s most notorious CEO, who exulted in making a fortune by jacking up the price of a life-saving medicine, will plead the Fifth Amendment on Thursday morning when he appears for the first time before lawmakers he trashes on Twitter. The appearance of former Turing Pharmaceuticals CEO Martin Shkreli, the hoodie-wearing, hip-hop-loving indicted millennial multimillionaire, will …

Take it away TMZ: Ghostface Killah from Wu-Tang Clan just made a BIG mistake by mocking Martin Shkreli … according to Shkreli who’s now making a slew of threats against Ghost. TMZ obtained a video the pharma exec recorded while wearing his hardest sport coat, with 3 masked men standing behind him. Shkreli, who dropped $2 mil for Wu-Tang’s one-of-a-kind …

Via press release from the ever-combative AHF: Advocates from AIDS Healthcare Foundation (AHF) stepped up efforts to ensure that Gilead Sciences, Inc. be held accountable for promoting off-label use of Truvada for use as pre-exposure prophylaxis (PrEP) to prevent HIV infection. AHF also wants Gilead to be compelled to promote and market use of its AIDS treatment in accordance with …

Via press release from Cytodyn: “Essentially, if PRO 140 is FDA approved, the infected person could finally take a break and go on a vacation without having to remember their pills, and the exact times to take them each day. Some have been on their multiple pill regimen day-in and day-out for decades. Upon FDA approval, all they will need …

Via New York Magazine: KaloBios, the biotech company briefly helmed by recently arrested “most hated man in America” Martin Shkreli, filed for bankruptcy on Tuesday. The company was already near collapse before Shkreli and a team of investors bought up a bunch of shares and he became CEO. He resigned from the San Francisco–based company shortly after getting arrested on …

NBC News reports: Martin Shkreli, the embattled health care businessman, has been let go by KaloBios Pharmaceuticals — one of the companies he had headed. KaloBios, which has a market cap of less than $100 million, hasn’t traded since last Thursday. It was halted about 10 minutes after news of Shkreli’s arrest. The company said the alleged fraudster was “terminated” …

Via press release from the Human Rights Campaign: We hope that Martin Shkreli’s departure will mark the end of Turing Pharmaceuticals’ reckless price hikes on life-saving medications,” said Olivia Alair Dalton, HRC’s Senior Vice President for Communications and Marketing. “Turing’s interim CEO Ron Tilles should immediately roll back the company’s unconscionable 5,000 percent price hike on Daraprim, a crucial treatment …

Twitter was very amused. Via Slate: In the most 2015-esque news of 2015, the FBI just tweeted that it did not seize the single-copy Wu-Tang Clan album Once Upon a Time in Shaolin when it arrested “pharma bro” Martin Shkreli on securities fraud charges earlier Thursday. Please pause before continuing to consider how little of that sentence would have been …

Whoa. Bloomberg Business reports: A boyish drug company entrepreneur, who rocketed to infamy by jacking up the price of a life-saving pill from $13.50 to $750, was arrested on securities fraud related to a firm he founded. Martin Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case against him …

The New York Times reports: Martin Shkreli is once again provoking alarm with a plan to sharply increase the price of a decades-old drug for a serious infectious disease. This time the drug treats Chagas disease, a parasitic infection that can cause potentially lethal heart problems. “It’s caused a lot of angst in the Chagas community,” said Dr. Sheba Meymandi, …