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Arrogant pharmaceutical CEO raises drug price $736/pill!

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The hedge-fund-manager-turned-pharmaceutical-CEO, Martin Shkreli, has raised the price of the 60-year-old anti-parasite medication, Daraprim, from $13.50/pill to $750/pill!

Shkreli founded the company, Turing, in February, and the company bought the U.S. marketing rights to the drug in August. According to, Shkreli told Bloomberg TV that he raised the prices because his company “need[ed] to turn a profit on the drug.”

What? You say. What is arrogant about THAT? :-)

Shkreli tweeted out an Eminem line in response to criticism of the huge increase by The New York Times. posts the tweet:

Martin Shkreli @MartinShkrel  And it seems like the media immediately points a finger at me So I point one back at em, but not the index or pinkie

If you would like to follow this… ahem….”gentleman,” you can do so. As for me, I’ve experienced enough arrogant CEOs.

-Bill at

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