martin shkreli

sydney australia high schoolers make daraprim martin shkreli pharmabro drug 2 dollars
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Sometimes teenagers are the best.

When they aren't striking fear into your hearts because they know how powerful they are, they’re doing things like heckling American prince Eric Trump — still the best news item of the year.

And teens keep getting better this year as a high school science class in Sydney, Austrailia just recreated the pill Daraprim, which infamous pharmabro Martin Shkreli hiked to $750 last year, for a measly $2. 


According to the Washington Post, after  Alice Williamson, a postdoctoral teaching fellow at the University of Sydney, “couldn’t stop thinking” about what Shkreli did, she teamed up with Sydney Grammar to see if she could get some students to make the drug cheaper.

“In February, the group of students began spending about an hour before and after school working to recreate the drug, with the help of their science teachers, using a recipe from a patent. They posted all of their work online periodically through Open Source Malaria, which allowed scientists to provide them with guidance and feedback.

“The students spent about $15 on the material needed to produce 3.7 grams of Daraprim — about $100,000 worth of the drug in the U.S. market, Williamson said.”

Shkreli, you know that guy who spends most of his time exploiting very sick people and then smiling about it, didn’t seem too impressed though.

via @MartinShkreli

via @MartinShkreli

But you know...

via @chrixtan_

karma news Martin Shkreli Gets Arrested for Fraud, Karma Has Finally Come for the Most Hated Bro in America
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Martin Shkreli is famous for his love of hip hop, his Twitter and raising the price of life-saving anti-parasitic drug, Daraprim, from $13.50 to $750 per pill. Before his price gouging began at his current pharmaceutical company, Turing, he was the CEO of his own pharmaceutical company, Retrophin. 

Now the poster boy for everything wrong in the healthcare industry has been arrested. Federal prosecuters are making a case against him involving securities fraud. A key part of his scheme involved using money from Retrophin to pay off a debt from his hedge fund that lost millions. 

He's had ongoing problems with Retrophin since leaving/being ousted from the company. He has complained the company is trying to dodge paying him benefits that are due and, according to Bloomberg, Retrophin replaced him because they had "serious concerns about his conduct". Apparently they were right to be concerned.

His last tweet conversation is pretty ironic considering the circumstances:

He might have to learn to be humble in prison. At least he'll have something to occupy his time. 

martin shkreli bought secret wu tang album for 2 million
Via Bloomberg
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Martin Shkreli, famous for his ridiculous AIDS drug price hike, has gone and made himself look like a huge twat again by buying a secret Wu-Tang Clan album for $2 million.

The terms of the sale prevent him from releasing the album for profit for 88 years, just long enough for most of us to never hear it unless he decides to give it away for free (yeah, right). Wu-Tang made only one copy of the album, Once Upon a Time in Shaolin, and then sold it off at auction to scrub-lord Shkreli, who announced his purchase with this tweet:

He became convinced that he should buy the album when the auctioneer suggested doing so would provide him "the opportunity to rub shoulders with celebrities and rappers who would want to hear it." What a guy. Apparently he plans to proposition more artists about secret private albums, and is taking suggestions on who he should ask.

Once Upon a Time in Shaolin will join Shkreli's eclectic collection of weird rich people stuff, which includes Kurt Cobain's credit card. Apparently he likes to whip it out at restaurants when he gets the bill in order to get a rise out of people. Who knows what he'll do with his latest buy.

Karma of The Day: Drug Company Steps Up to Screw With Greedy CEO Martin Shkreli
Via AP
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When Martin Shkreli isn't busy jacking up the price of a life-saving cancer and AIDS drug by 5,000 percent or being an idiot on Twitter, the disgraced pharmaceutical CEO is neck deep in sweet Karma.

San Diego-based Imprimis Pharmaceuticals Inc. announced they will sell the same exact drug Shkreli's company Turing Pharmaceuticals does, but for only $1 a pill.

Shkreli charges $750 a pill.

"We are looking at all of these cases where the sole-source generic companies are jacking the price way up," Mark Baum, Chief Executive at Imprimis, told the AP.

"There'll be many more of these."

Meanwhile, Shkreli decided to start a spat with CNBC on Twitter.

Martin Shkreli, the poor man's Donald Trump.

Bro buys AIDS drug and ups the price by 500 percent.
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One sure way of making people really angry at you is to buy the rights to a life-saving AIDS drug and increase the price of it by 5000 percent overnight.

That's just what Martin Shkreli, founder and CEO of Turing Pharmaceuticals, did and boy did it work.

The New York Times reported on the drug increase Sept. 21.

The drug, called Daraprim, was acquired in August by Turing Pharmaceuticals, a start-up run by a former hedge fund manager. Turing immediately raised the price to $750 a tablet from $13.50, bringing the annual cost of treatment for some patients to hundreds of thousands of dollars.

...The Infectious Diseases Society of America and the HIV Medicine Association sent a joint letter to Turing earlier this month calling the price increase for Daraprim "unjustifiable for the medically vulnerable patient population" and "unsustainable for the health care system." An organization representing the directors of state AIDS programs has also been looking into the price increase, according to doctors and patient advocates.

Daraprim, known generically as pyrimethamine, is used mainly to treat toxoplasmosis, a parasite infection that can cause serious or even life-threatening problems for babies born to women who become infected during pregnancy, and also for people with compromised immune systems, like AIDS patients and certain cancer patients.

Soon after, the Internet picked up its pitchforks and torches and began to rain down the hellfire on what many see to be is a price gouging, heartless bastard.

Shkreli has been making the rounds in response to the outcry, but it doesn't seem to be helping.

Shkreli has actually bought several older drugs over the past five years and done the same thing. So he's had a lot of practice in pissing people off.