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He Raised the Price of AIDS Medicine From $13.50 to $750 Overnight

vor 4 Jahren
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Martin Shkrelli, CEO of Turing Pharmaceuticals, defended the decision to raise the price of Daraprim--a toxoplasmosis drug that is frequently prescribed to HIV and AIDS patients--from $13.50 a tablet to $750 a tablet overnight. In an interview Monday with Bloomberg TV's Betty Liu, explaining that they "need to turn a profit on the drug," Shkrelli defended his position in the face of widespread criticism that even came from Hillary Clinton. Is this the free market at work, or a hedge fund manager putting profit ahead of human life? We look at the drastic price increase and fallout on the Lip News with Margaret Howell and Elliot Hill.

http://www.nytimes.com/2015/09/21/business/a-huge-overnight-increase-in-a-drugs-price-raises-protests.html?_r=0

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