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Money matters more than lives?

Martin Shkreli, a pharmaceutical executive, is co-founder of the hedge fund MSMB Capital Management, co-founder and former chief executive officer (CEO) of the biotechnology firm Retrophin, and founder and former CEO of Turing Pharmaceuticals. In September 2015, Shkreli received widespread criticism when Turing obtained the manufacturing license for the antiparasitic drug Daraprim and raised its price by 5,556 percent (from US $13.50 to US $750 per tablet) leading him to be referred to by media as the "most hated man in America."  (https://en.wikipedia.org/wiki/Martin_Shkreli)

This drug, Daraprim, is used to treat both the prevention of malaria (which is deadly) and also in combination with certain antibiotics to treat HIV (which is deadly). He raised the prices to make almost a complete profit just because he could… just because he could benefit financially.

At 32 years old, what a cold, callous way to be toward the world.

He was arrested by the FBI on charges of securities fraud but was released on bail. He must have been able to afford a hefty bail from all the patients paying to try and save their lives.

On February 4, Shkreli was subpoenaed to appear before the US House of Representatives to explain the hike in prices. He invoked his Fifth Amendment rights to almost every question by advice of counsel but the sickening thing was that he showed no remorse. In fact, his arrogance, smirking and lack of respect for the court was astonishing. How does someone who could do so much good for the world twist it into something that’s reminiscent of the Joker from “Batman.” Some men just want to watch the world burn.

His fate will be determined by the courts and if justice holds true, this man will end up in jail for what he has done. Not only that, but we (hopefully) see a step up in the pharmaceutical companies to help people and not just try to make a buck. That could be a naïve statement but we can hold out hope that people don’t want to end up like this scumbag.

Could you afford a treatment that is near a grand per use to save your life or the life of a loved one?  

Opinions expressed by Babbling B do not necessarily reflect those of The BayNet.

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