ST Alpha - "Martin Shkreli's $750 life-saving drug recreated by high school students for $2 (oops!) -- (link*)" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 169

Martin Shkreli's $750 life-saving drug recreated by high school students for $2 (oops!) -- (link*)

Posted by Andie Dec 1 '16, 11:12

(No message)

http://www.ctvnews.ca/health/martin-shkreli-s-750-life-saving-drug-recreated-by-high-school-students-for-2-1.3185163 (www.ctvnews.ca)

Responses:

"The second pill cost 'em four cents; the first pill cost 'em four hundred million dollars." - Baron More Dough Dec 1, 11:55
We just accept that medicine costs a lot of money. It's really sad. -- nm - con_carne Dec 1, 11:38 17
- Of course, that $2 doesn't include actually making it in pill form, distributing it, and getting approvals from all of the government entities... -- nm - Ender Dec 1, 11:40 16
  - As well as the years of research that go into developing a drug. They just recreated work that likely took years and hundreds of millions of - Krusty Dec 1, 11:52 4
    - the drug already existed when he bought it and upped the price too. he didn't develop it. -- nm - Andie Dec 1, 11:54 3
      - Though they still had to pay for the rights to it. -- nm - Ender Dec 1, 12:18
      - True, I forgot that part. -- nm - Krusty Dec 1, 12:15
      - plus he already had a company to do the manufacturing. His gouging was purely for profit -- nm - decline Dec 1, 11:56
  - Because that's what was driving up the cost of the original, right... -- nm* - znufrii Dec 1, 11:43
  - Food is pretty cheap. Why is food so cheap and medicine so expensive? There's no reason for this. -- nm - con_carne Dec 1, 11:42 1
    - Because food literally grows on trees. -- nm - Ender Dec 1, 11:45
  - Interestingly, just yesterday the House passed a FDA streamlining bill that should get signed. -- (link) - ML Dec 1, 11:42 2
    - Hope this works. Typically when FHWA streamlines something it takes twice as long. -- nm - Strongbad Dec 1, 11:44 1
      - "To get approved you now need to dig a stream and line it with your product first. DON'T ASK WHY!!!" -- nm - Ender Dec 1, 12:04
  - (Or the required quality control.) -- nm - Ender Dec 1, 11:41 4
    - (And my point isn't that whatever they're charging is justified, just that it's not apples to apples. It's more apples to apple pies.) -- nm - Ender Dec 1, 11:46 3
      - So, why are they charging $750 for an apple pie, when apples literally grow on trees? -- nm - znufrii Dec 1, 11:52 2
        
        "And my point isn't that whatever they're charging is justified" -- nm - Ender Dec 1, 11:52 1
        
        Eh, I prefer blackberry pie anyway. - znufrii Dec 1, 11:55
outstanding. -- nm - mud Dec 1, 11:16

Post a message top

Replies are disabled on threads older than 7 days.