That slimy pharma CEO that jacked up drug costs finally gets his due...
- Thread starter VillaCat
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That piece of garbage also bought the Wu-Tang single print Once Upon a Time in Shaolin album for a reported ~$2 mil.
I'd love to get a hanger, set that **** on a stove for like a half hour, take it off and stick it in his *** slow like tssssssssssssssssss
I'd love to get a hanger, set that **** on a stove for like a half hour, take it off and stick it in his *** slow like tssssssssssssssssss
Hopefully he gets prison AIDS soon and needs that $750/pill medication of his
Read this article about some hipster chick who matched with him on Tinder, and how she grilled him about jacking up the cost of the Aids drug and made attacks on capitalism.. By the way, she's gross and absolutely insufferable. Pretty sure this "woman" would kill 1,000 men to save a 13-year old girl going through her first period.
Sounds like he has his own thoughts on the Aids drug and what transpired. Kind of an interesting take. I'm sure he did what he did for money. But is there a chance he did it also to push forward Aids drug advancements?
Either way, I'd rather spend the day getting aids with Martin than spend 5 minutes with Eve Peyser..
Sounds like he has his own thoughts on the Aids drug and what transpired. Kind of an interesting take. I'm sure he did what he did for money. But is there a chance he did it also to push forward Aids drug advancements?
Either way, I'd rather spend the day getting aids with Martin than spend 5 minutes with Eve Peyser..
Capitalism is a great concept but it inevitably leads to pure greed and a every man for himself mentality . CEO salaries are a gross injustice to the company and employees , you couldn't convince me that their contributions match a portion of what they take .
Don't even call him a pharma CEO. Wasn't he just some investment guy that bought an already established drug & jacked up the price. Pure scum-bag.
Sounds like a pharma CEO.
Totally agree.
Capitalism is awesome, but venture capitalism is not. I'm sure you can figure out which system we are in now.
We've developed into a Corporacy. Which a lot of dumb people don't understand (by dumb people I mean 90% of Americans).
Happy I only got about 40 years to live on this wretched puke of a planet.
Most CEOs and middle management don't really contribute much to warrant the salary. I've been in the corporate America middle management aspect before and although the money is better, you really just babysit, write a bunch of pointless reports and find ways to justify your position.
Agree on your take. However, it's the best system out there.
lol'ed at the drug development defense.
(1) when you actually analyze pharma companies' books, that becomes a total lie and it's obvious
(2) most real drug breakthroughs come from *publicly funded* research. Then the pharma companies race each other to make a finished product from that breakthrough
(3) there are a LOT of ways to make and spend money as a pharma company without actually curing or treating anything
(4) attitudes like his "the insurance companies will still pay for it" one are exactly why our system is as effed up as it is
(1) when you actually analyze pharma companies' books, that becomes a total lie and it's obvious
(2) most real drug breakthroughs come from *publicly funded* research. Then the pharma companies race each other to make a finished product from that breakthrough
(3) there are a LOT of ways to make and spend money as a pharma company without actually curing or treating anything
(4) attitudes like his "the insurance companies will still pay for it" one are exactly why our system is as effed up as it is
this isnt the entire picture either. i think having the fda quash drugs, often on a whim, after $200M+ in R/D costs for a company is obnoxious. we all want expensive drugs to be cheaper, but everyone has to cooperate: the drug companies, the insurance companies, the docs, and the government. the only people who suffer is this doesnt happen is us: the consumer.
but jamo you are bang on the money with the publicly funded research. there should be some sort of clause obligating folks to provide tax-payer funded drugs at a discount.
Man, UK paid 80k for someone to not design them a new logo, or whatever the f happened with that h looking thing. 80k. Mitch could've designed that damn thing himself. But, it had to be proper and I'm sure they have a stable of incompetent mf'ers trolling Linkdin to find the absolute best logo designer in allllll the land and they found someone who presented them a very cute little report on this great looking subtle, yet eye-catchy logo change that would have he fan base absolutely buzzing with excitement OMG!!' It's the best logo you've ever seen and I would like to congratulate all the hard workers over at UK for putting this all together.
Now imagine what kind of **** goes on on the pharmaceutical world.
Now imagine what kind of **** goes on on the pharmaceutical world.
Wah wah wah. If I have what you need, you can pay my price. If you don't like what I charge, shop elsewhere.
Congrats on being a massive *******.
This isn't an erectile dysfunction drug. It kills brain-eating parasites. Hopefully you don't have to undergo chemo and get such an infection.
Actually, on second thought...
I don't give a damn what the drug does. It's a free country. If you can't pay my price, SHOP ELSEWHERE.
They can't shop elsewhere, you knuckle-dragging moron. Turing has exclusive marketing rights to the drug within the United States and is controlling the supply to the point where other companies can't get generics approved even if they wanted to do so.
he was arrested for effectively running a ponzi scheme. surprising he was ever given a ceo job a second time after screwing it up so royally the first time.
not defending his antics at all, but his price gouging is right in line with the entire industry. why is he the fall guy when everyone else in the business does the exact same thing???
and fyi: this is NOT capitalism. health care, and the pharma industry, is highly regulated by various federal government agencies. it's basically a government supported monopoly. the complete OPPOSITE of capitalism.
and fyi: this is NOT capitalism. health care, and the pharma industry, is highly regulated by various federal government agencies. it's basically a government supported monopoly. the complete OPPOSITE of capitalism.
yeah but really only about $200M of that is R&D. You waste about $25M per phase of a clinical trial. and when you dig deeper, you find that the clinical trials themselves are so not objective that you might as well not do them...
There are drugs on the market that will literally make your dick hard when you all are no longer able to do that on your own, and you guys have the touching nerve to insult big pharma?
ok for all their bs, they did *one* good deed for mankind. and they still have the nerve to upcharge for viagra--it's 25 bucks a go.
hahaa, I got a chuckle from this.
It was hyperbole Jonathan. But go on Forrest, tell me more.
I find it funny how so many on here are oh-so-knowledgeable about how the pharma industry works [roll], yet I seriously doubt any of you have any first hand knowledge/experience of it. And no, I don't count drug sells-reps which are glorified door-to-door vacuum salesmen.
I have worked in the industry for over 20 years for multiple companies, with first hand knowledge of study and project budgets, what it takes (phases and studies) to get a drug approved, FDA & EMA requirements, and how many failures are had by other drugs (but still must be paid for) for every one successful drug. I have met w/ the FDA and European regulatory authorities multiple times to discuss approval of drugs. So please all of you impart your incredible knowledge that you have gained by reading an article by someone trying to push their opinion or by a 20/20 episode you watched.
Are there problems w/ the pharma industry? Hell yes. Too much marketing? Yes! Is big pharma (like every other large corp) too top heavy? Yes. Are there some slimy people? Sure.
A lot (but not all) of the best work is being done by smaller Biotechs. But those compounds are often sold once they reach Phase 3 (to big pharma), either because it is too expensive for them to finish developing or there is too much risk or they need the cash to start on their next compound.
I have worked in the industry for over 20 years for multiple companies, with first hand knowledge of study and project budgets, what it takes (phases and studies) to get a drug approved, FDA & EMA requirements, and how many failures are had by other drugs (but still must be paid for) for every one successful drug. I have met w/ the FDA and European regulatory authorities multiple times to discuss approval of drugs. So please all of you impart your incredible knowledge that you have gained by reading an article by someone trying to push their opinion or by a 20/20 episode you watched.
Are there problems w/ the pharma industry? Hell yes. Too much marketing? Yes! Is big pharma (like every other large corp) too top heavy? Yes. Are there some slimy people? Sure.
A lot (but not all) of the best work is being done by smaller Biotechs. But those compounds are often sold once they reach Phase 3 (to big pharma), either because it is too expensive for them to finish developing or there is too much risk or they need the cash to start on their next compound.
He should of jacked up the cost of ANY other drug.. Literally anything, and this wouldn't even be a top headline. You don't mess with Aids treatment though.. big no-no...
some of us do have plenty of experience in the pharma industry, and for all the good the FDA does, it does contribute substantially to the price problem. all parties have to cooperate to get drug costs down.
why would pharma work to lower costs?? there isn't much of an incentive. the entire system is designed to hide and increase costs. perfectly designed for just that.
...
Yeah, glorified door-to-door salesmen, err, actually saleswomen, chosen for their appearance more than for their knowledge or abilities, and paid ridiculously high salaries for wearing low-cut tops and short skirts to doctors offices and handing out some marketing literature.