The Logical Leftist
@logicallyleftist·273K subscribers·15.5K videos
The Free Market just owned 'Pharma Bro' Martin Shkreli
Posted
November 20, 2015
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2,142
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November 20, 2015
2,142
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"Turing Pharmaceuticals posted a loss of $14.6 million during the third quarter of 2015, which ended on Sept. 30. That was a month after the ex-hedge fund manager’s firm acquired the right to sell Daraprim in the US, then announced it would raise the price from from $13.50 to $750 a pill.
Shkreli defended the move at the time by saying, “If there was a company that was selling an Aston Martin at the price of a bicycle, and we buy that company and we ask to charge Toyota prices, I don’t think that that should be a crime.”
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