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Martin Shkreli's lifetime drug industry ban upheld
(www.yahoo.com)
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this post was submitted on 24 Jan 2024
449 points (98.7% liked)
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I remeber when this piece of shit did a reddit AMA a few years ago and got thousands of upvotes. People still support him and he thinks he did nothing wrong.
What did he do, other than increase the price of a life savings drug? His Security Fraud convictions really aren't all that different than what most companies already do, and there wasn't a reported financial loss by any of his investors.
Well he claims he actually gave the medication for free to anyone who was uninsured. His argument was that the $750 price was a middle finger to the insurance industry and to draw attention to gouging for pharmaceuticals in general. He believes Big Pharma made an example of him for this unwanted exposure.
I think it goes both ways. He’s an absolute sham and deserves the lifetime ban, but I’m also sure that Big Pharma wanted to extinguish his fire before they got caught up in the flames. Of course with the amount of weight they pull at all levels of the government we may never see the day pharmaceutical companies are held completely responsible for the damages they’ve caused.
Didn’t he make some kind of fuck the poor people hip hop video or something?