A $750 Pill And A Founder Who Made Liberal Twit Crybabies Mad

[Leroy N. Soetoro]

A Twitter account in the hands of a hothead startup founder can be a
dangerous thing.

The New York Times ran a piece Sunday looking into why a 62-year-old pill
saw its price skyrocket from $13.50 to nearly $750 after it was acquired
by Turing Pharmaceuticals last month.

The increase in the price of Daraprim, a drug that the Times reported “is
the standard of care for treating a life-threatening parasitic infection,”
will undoubtedly have a major impact on those struggling to keep up with
high prescription drug costs.

The article continued:

Dr. Aberg of Mount Sinai said some hospitals will now find Daraprim too
expensive to keep in stock, possibly resulting in treatment delays. She
said that Mount Sinai was continuing to use the drug, but each use now
required a special review.

“This seems to be all profit-driven for somebody,” Dr. Aberg said, “and I
just think it’s a very dangerous process.”

It was apparent that the news regarding Daraprim was set to stir up a
storm for Turing Pharmaceuticals, which had already sent out a press
release Thursday after a few other publications had dug into the price
hike.

In the statement, Turing’s Chief Commercial Officer Nancy Retzlaff
reassured the public:

“Our number one priority is to ensure that all patients diagnosed with
toxoplasmosis have an efficient and affordable means to access Daraprim,”
Ms. Retzlaff said. “As soon as we learned that some hospitals and clinics
were having trouble accessing the product, we developed an immediate
corrective plan to ensure quick, efficient access for patients in need.”

Martin Shkreli, Turing Pharmaceuticals’ founder and chief executive, took
to Twitter following the article’s publication Sunday to do some of his
own damage control. In the 15 or so hours following the Times article’s
publication, Shkreli sent out 125+ tweets to the “haters” calling out his
company’s operations.

zozo™ @zoninoz
@MartinShkreli how do u manage to sleep at night?
Follow
Martin Shkreli @MartinShkreli
@zoninoz you know, ambien
7:14 PM - 20 Sep 2015
Retweets favorites

In a world where corporate public relations missteps are met with highly
manicured executive responses, it’s clear that Shkreli is not satisfied
with letting the press releases do the talking.

Matthew Herper ? @matthewherper
@MartinShkreli how bad do you think the backlash can get before it causes
you problems?
Follow
Martin Shkreli @MartinShkreli
@matthewherper great question, I guess we will find out. I take the pain
for my investors
5:39 PM - 20 Sep 2015
4 4 Retweets 6 6 favorites

The former hedge fund manager’s responses to other Twitter users regarding
the controversy were more immature than one could plausibly expect from a
successful CEO, and painted a picture of a leader who is, at best,
incapable of speaking on behalf of his company effectively, and is, at
worst, incapable of showing any sympathy to those struggling to afford his
company’s life-saving drugs.

It’s all painfully ironic for a guy who started a foundation earlier this
year under his own name for helping out the underprivileged. The site
starts reeking of hypocrisy when you weigh the foundation’s mission
statement against the actual words Shkreli writes out on Twitter.

Part of the Shkreli Foundation’s mission statement:

Founded in early 2015, the Shkreli Foundation is a non-profit charitable
organization dedicated to helping people facing a variety of adversities.

A tweet from Shkreli saying that patients’ debt resulting from the price
hike “aint my fault”:

Bryan Parkerson @bp4Christ
@MartinShkreli you don't care. You're a millionaire. But there are middle
class people out there who will be in debt for decades just to pay
Follow
Martin Shkreli @MartinShkreli
@bp4Christ aint my fault
7:30 PM - 20 Sep 2015
4 4 Retweets favorites

Shkreli seems to believe that the ire of those calling him out comes from
a place of “socialist and liberal rage,” rather than genuine frustration.

Bryan Parkerson @bp4Christ
@MartinShkreli @cardiobrief and what is that truth that you seem to evade
sharing? Help us to understand!
Follow
Martin Shkreli @MartinShkreli
@bp4Christ twitter isn't the best medium to do this on. it seems to be a
great medium for socialist and liberal rage, though.
7:54 PM - 20 Sep 2015
9 9 Retweets 8 8 favorites

The founder has a lot of choice words for random Twitter followers but it
sounds like he believes that when it comes to responding to media
criticism, Eminem lyrics and a physical gesture sum up his emotions a
little bit more succinctly.

Martin Shkreli @MartinShkreli
http://genius.com/Eminem-the-way-i-am-lyrics …
And it seems like the media immediately points a finger at me
So I point one back at em, but not the index or pinkie
7:16 PM - 20 Sep 2015
Genius
Eminem – The Way I Am
The second single from Eminem’s Marshall Mathers LP, also featured on his
2005 album Curtain Call: The Hits In the tradition of most of Eminem’s
follow-up singles, “The Way I Am
Photo published for Eminem – The Way I Am View on web
10 10 Retweets 9 9 favorites

Comments:

Sanjai Tripathi · Mercenary startup consultant at Self-Employed
Apparently it's only "liberals" and "socialists" who object to
monopolistic trade practices on life saving medications.

If you look up "d-bag" in the dictionary ... there's Shkreli.
Like · Reply · 7 · 40 mins

David Beppler · Works at U-Gas
you mean hospital admin? they take %80 of the money for your treatment.
Like · Reply · 23 mins

http://techcrunch.com/2015/09/21/a-750-pill-and-a-founder-who-doesnt-know-
when-to-stop-tweeting/
--
Obama increased total debt from $10 trillion to $18 trillion in the six
years he has been in office, and sold out heterosexuals for Hollywood
queer liberal democrat donors.

Barack Obama, reelected by the dumbest voters in the history of the United
States of America. The only American president to deliberately import a
lethal infectious disease from Africa, Ebola.

Loretta Fuddy, killed after she "verified" Obama's phony birth
certificate.

Nancy Pelosi, Democrat criminal, accessory before and after the fact to
improper vetting of Barry Soetoro aka Barack Hussein Obama, a confirmed
felon using SSAN 042-68-4425, belonging to a dead man.

Obama ignored the brutal killing of an American diplomat in Benghazi, then
relieved American military officers who attempted to prevent said murder
in order to cover up his own ineptitude.

Obama continues his goal of disarming America while ObamaCare increases
insurance premiums 300% and leaves millions without health care.

--- news://freenews.netfront.net/ - complaints: ***@netfront.net ---

[Beam Me Up Scotty]

Post by Leroy N. Soetoro
A Twitter account in the hands of a hothead startup founder can be a
dangerous thing.
The New York Times ran a piece Sunday looking into why a 62-year-old pill
saw its price skyrocket from $13.50 to nearly $750 after it was acquired
by Turing Pharmaceuticals last month.
The increase in the price of Daraprim, a drug that the Times reported “is
the standard of care for treating a life-threatening parasitic infection,”
will undoubtedly have a major impact on those struggling to keep up with
high prescription drug costs.
Dr. Aberg of Mount Sinai said some hospitals will now find Daraprim too
expensive to keep in stock, possibly resulting in treatment delays. She
said that Mount Sinai was continuing to use the drug, but each use now
required a special review.
“This seems to be all profit-driven for somebody,” Dr. Aberg said, “and I
just think it’s a very dangerous process.”
It was apparent that the news regarding Daraprim was set to stir up a
storm for Turing Pharmaceuticals, which had already sent out a press
release Thursday after a few other publications had dug into the price
hike.
In the statement, Turing’s Chief Commercial Officer Nancy Retzlaff
“Our number one priority is to ensure that all patients diagnosed with
toxoplasmosis have an efficient and affordable means to access Daraprim,”
Ms. Retzlaff said. “As soon as we learned that some hospitals and clinics
were having trouble accessing the product, we developed an immediate
corrective plan to ensure quick, efficient access for patients in need.”
Martin Shkreli, Turing Pharmaceuticals’ founder and chief executive, took
to Twitter following the article’s publication Sunday to do some of his
own damage control. In the 15 or so hours following the Times article’s
publication, Shkreli sent out 125+ tweets to the “haters” calling out his
company’s operations.
@MartinShkreli how do u manage to sleep at night?
Follow
@zoninoz you know, ambien
7:14 PM - 20 Sep 2015
Retweets favorites
In a world where corporate public relations missteps are met with highly
manicured executive responses, it’s clear that Shkreli is not satisfied
with letting the press releases do the talking.
@MartinShkreli how bad do you think the backlash can get before it causes
you problems?
Follow
@matthewherper great question, I guess we will find out. I take the pain
for my investors
5:39 PM - 20 Sep 2015
4 4 Retweets 6 6 favorites
The former hedge fund manager’s responses to other Twitter users regarding
the controversy were more immature than one could plausibly expect from a
successful CEO, and painted a picture of a leader who is, at best,
incapable of speaking on behalf of his company effectively, and is, at
worst, incapable of showing any sympathy to those struggling to afford his
company’s life-saving drugs.

Everyone has ObamaCare.... no worries.

Why would anyone think this guy is any worse than Obama and his pals
selling you ObamaCare. Must be that Liberals hate Honesty.

If you want sympathy call Obama he just chased off a park full of cancer
kids (who knows how many were dying) so that Obama could go party with
the Congressional Black Caucus.


There's that Liberal contradiction.... when a corporation is callous
it's evil, but when Obama is a heartless Bastard, well that's OK he has
to party with a bunch of Racists in Congress.
--
That's Karma





*Rumination*
ObamaGruberCare

[Knapsack!]

Post by Beam Me Up Scotty
There's that Liberal contradiction.... when a corporation is callous
it's evil, but when Obama is a heartless Bastard, well that's OK he has
to party with a bunch of Racists in Congress.

A Republican Congress, ordered by President George W. Bush, passed the
ten trillion dollar Medicare Part D program in 2003. Attempts to
negotiate price controls on this new prescription drug program were
gutted.

IMO, refusal to NOT raise the price of an exotic drug that is mostly
paid for by Medicare and the Ryan White HIV/AIDS drug program would
be financially unethical. A CEO cannot tell shareholders that he's
going to refuse to extract as much money from the government as
legally possible. Sure, he is a jerk, but corporations hire jerks to
help maximize profits. Nobody is going to die for lack of ability to
pay for the exotic taxoplasmosis medication -- the government pays for
it.

One solution I can think of is to legalize drug importation. The
company that now charges $750 a pill for American consumers sells
the exact same drug in India for ten cents. Abbot does the same
thing, charging Americans (really the American government)
thousands of dollars for its Norvir pill, while selling the same
drug in Africa for pennies (often giving it away for "free" for
the tax writeoffs). Just lift the import restrictions and the
price will fall to reasonable market levels.