r/news Jan 14 '22 Gold 1 Helpful 19 Wholesome 18 Evil Cackle 3 Silver 19

Shkreli ordered to return $64M, is barred from drug industry

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
54.9k Upvotes

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13.9k

u/Gingorthedestroyer Jan 14 '22 Silver Gold Helpful Take My Energy Starry

Let’s do insulin producers now.

4.1k

u/Colorado1996 Jan 14 '22

Made millions from hiking prices from $13.50 to $750

Damn, saw that line and thought they were talking about insulin. Price gouging has happened on multiple life saving drugs? People are the worst

1.9k

u/[deleted] Jan 14 '22

Insulin should have a co-pay of about $2. Or less.

26

u/SlamMeatFist Jan 14 '22

How bout no co-pay and make it free without insurance? Insurance is awful and its crazy we exist in a world where insurance is needed for anything medical otherwise you pay our the ass for it.

13

u/[deleted] Jan 14 '22

Lots of European countries work that way. I don't know why the US can't.

2

u/A_giant_dog Jan 15 '22 edited Jan 15 '22

You don't? Gotcha - here's the quick and easy version. Folks have given drug companies a lot of money to develop, market, and sell drugs.

Those investors expect a return on their investment, and the folks who run these companies need to give that to them.

At no point does the well being or financial solvency of the people who need it to survive enter the calculus. Because that is allowed here.

1

u/underwearloverguy Jan 14 '22

Chronic migraines for 15+ years and the injection I use once a month is $750...that is one single syringe used one time and thrown in the sharps bin.