Pharmaceutical Company Buys Aids Treatment, Raises Price %5000

[DeltaSigChi4]

brutal forum knockout

How does his ass taste? You two rightwingers are ****ing right, Larry Craig-style? Ted Haggard-style.

[$Bullsfam$]

That's the problem they care more about the making money off temporary "treatment" then a cure for nasty diseases.

I don't give a **** about cost of discovery. What about the millions of dollars people donate for research every year? That's not enough? Not that they actually use it to find a cure anyway

I feel like their is a cure for Aids and cancer out there but you have to be in the top 1%. Money is everything in this world which is the biggest problem with modern society. Take away money and you'll have world peace were people just help each other out. Trade resources instead of putting a price on them.

[ИATAS]

Sorry...there are literally 100's of pharmaceutical companies out there worldwide and any one of them could produce this tomorrow. There is no R & D ...this is not a new or patented drug...it's fare game for anyone to make. As a matter of fact...your local compounding pharmacy could prepare this for you in a couple of days.

What are you talking about? It takes time & money. You can't just make a pill in a couple of days and sell it. There are regulations, the FDA has to be involved in order for a particular pill to be considered safe to sell, FDA approval, etc etc etc. You are severely simplifying this. To make a generic pill you don't need the extensive tests that prove that the active ingredient does what you claim safely; you do need tests & data to show you've made a faithful copy of the original which can be safely substituted for it, with the same dosage and no unexpected traces of lead, etc.

That type of stock manipulation is not illegal although it is not ethical. What he is trying to do is manipulate a perception or illusion to the investor that this is a hot opportunity. CEO's do this all the time in various ways.

Illegal stock manipulations is where for example...a closed group of people trade a stock amongst themselves with a planned agreement to trade up and drive up the price and then bail when the market follows to cash in. This is illegal stock manipulation.

Depends on what he's doing. He's under criminal investigation right now and did shady things in the past.

Since at least in January, Shkreli has been under criminal investigation by the United States Attorney’s Office for the Eastern District of New York, court records show. And Shkreli is not alone—some of his business associates have also received grand jury subpoenas in the case.

http://www.newsweek.com/martin-shkre...trophin-375416

I won't be surprised to this guy in jail sooner or later, he's extremely reckless. There's a reason everyone doesn't pull these kinds of scams (it isn't smart).

[Rocky...]

The guys a ****, i hope somebody kills him or infects him with aids, would be well deserved.

[jaded]

What are you talking about? It takes time & money. You can't just make a pill in a couple of days and sell it. There are regulations, the FDA has to be involved in order for a particular pill to be considered safe to sell, FDA approval, etc etc etc. You are severely simplifying this. To make a generic pill you don't need the extensive tests that prove that the active ingredient does what you claim safely; you do need tests & data to show you've made a faithful copy of the original which can be safely substituted for it, with the same dosage and no unexpected traces of lead, etc.



Depends on what he's doing. He's under criminal investigation right now and did shady things in the past.

Since at least in January, Shkreli has been under criminal investigation by the United States Attorney’s Office for the Eastern District of New York, court records show. And Shkreli is not alone—some of his business associates have also received grand jury subpoenas in the case.

http://www.newsweek.com/martin-shkre...trophin-375416

I won't be surprised to this guy in jail sooner or later, he's extremely reckless. There's a reason everyone doesn't pull these kinds of scams (it isn't smart).

No disrespect but you really don't know what you are talking about. Just to give you an idea how quickly a drug can be made I gave you the example of compounding pharmacies who routinely make custom made drugs for patients overnight in many cases. Compounded drugs are not FDA-approved. In the US state boards of pharmacy have primary responsibility for the day-to-day oversight of state-licensed pharmacies and until there is a problem with a pharmacy making a drug they don't interfere. But just so you know...I know someone who has testosterone made for HRT by a compounding pharmacy and it's done pretty fast.

But as far as getting FDA approval for a generic...it is not complicated as long as it meets the standards...no trials or testing required because the drug is already approved by the FDA. We are talking about a 65 year old drug here. An established pharmaceutical company won't have any trouble getting approval for it by the FDA...quite fast as a matter of fact and especially under these circumstances. YOU personally would need a lot of time and money if YOU wanted to make it..not them. They could produce it in no time at all and the pharmaceutical companies have more than enough money to buy the raw ingredients to add another generic to their production line. That's all that is needed. It not like they are going to build a new lab somewhere to make the drugs for the 10,000 annually prescriptions.

BTW...that link is not about stock manipulation...it's about his obvious improprieties as an officer of the company. He definitely was not acting in the interest of it's shareholders and is in much more trouble with it now that he's made himself the poster-boy for greed. But what he did not appear to do...or has not been so far exposed as doing...is stock manipulation. But he's definitely acted criminally and is going to pay.

I understand and also feel the outrage for guys like this...but the reality is this is already pretty much over. The guy used this to sell his clients into buying in which probably now has already happened to some degree anyways...and now is over because he has backed down under pressure. He probably unloaded some stock...the buyers of it will lose. May they all burn in hell.

But what is really outrageous and gets not nearly this much attention is guys like John Martin CEO of Gilead Science...the company that holds the patent for the $1,000 a day Hep C pill Harvoni.

There are 200 million people worldwide with Hep C who could be cured but greed stands in their way. Martin and Gilead bought the company that developed the drug and is holding the insurance system and the needy hostage for what are unimaginable profits given the 200 million market for the drug and it's highly inflated price. John Martin sold his personal shares and literally made a billion dollars off them while he breaks the backs and bankrupts insurance companies and Obamacare and this is what inspires the Martin Shkreli's to try to do the same. People are routinely denied access to a drug that what would save there lives everyday. People sell there homes to co pay and start the treatment and and then have to discontinue the program because their coverage stops leaving them broke and dying while Gilead reports record profits and the government sits back and watches.

Hillary boldly announces she'd stop Martin Shkreli and his methods but doesn't dare denounce John Martin CEO and Gilead Science because they give her too much money. This is the real outrage...Shkreli is just a small time 31 year old punk who is about to get trampled.