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

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

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
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u/KickNaptur Jan 14 '22

Return the money to who exactly? Is the government just taking it? Or does it go to the insurance companies, or the drug companies???? Nobody thats actually going to touch this money deserves it

79

u/cat_using_a_computer Jan 15 '22

From the article –

“Vyera and its parent company, Phoenixus AG, settled last month, agreeing to provide up to $40 million in relief over 10 years to consumers and to make Daraprim available to any potential generic competitor at the cost of producing the drug.”

If I understand this correctly a sizable chunk is being refunded to customers.

12

u/KickNaptur Jan 15 '22

Thank you