Sonic-
Not at all my nigga. thats why what he did is so interesting to me. if his point was really to rob people, I think he went about it in the wrong way completely
[QUOTE=Wormy;49335822]I am still shocked that increasing the pill price from $13.50 to $750 is legal. If such practices are legal, maybe it's time for a change so this cannot be done by more companies. It's just fucked.[/QUOTE]
But free market economics...!
[QUOTE=Sableye;49336019]But free market economics...![/QUOTE]
The pharmaceutical market is not a free market, it has heavy governmental controls and IP protections. It's as regulated a market as you can possibly get. Turing Pharmaceuticals was banking on no one bothering to compete in such a small market (although they could just as likely have been exploiting an FDA loophole to keep pyrimethamine under closed circulation).
Furthermore, considering how another company later stepped in to provide this drug at a much lower price (albeit by exploiting an FDA loophole themselves), I'd say the system in't as broken as you think it is.
[QUOTE=Headhumpy;49336152]The pharmaceutical market is not a free market, it has heavy governmental controls and IP protections. It's as regulated a market as you can possibly get. Turing Pharmaceuticals was banking on no one bothering to compete in such a small market (although they could just as likely have been exploiting an FDA loophole to keep pyrimethamine under closed circulation).
Furthermore, considering how another company later stepped in to provide this drug at a much lower price (albeit by exploiting an FDA loophole themselves), I'd say the system in't as broken as you think it is.[/QUOTE]
Patents make good sense. Without patents there is no/little incentive for small companies/individuals to innovate.
The system doesn't work because he did it before (and a similar challenger didn't emerge) and he would have/will do it again (In the unlikely event that he does get challenged he will still make a killing in the mean time and people will still get screwed over by his fucked up practices).
Him doing it and getting away with it will cause other ass hats to wriggle out of the wood work to racket them some life saving drugs.
[QUOTE=Mr. Someguy;49335898]Game Grumps didn't split up in the first place?[/QUOTE]
Not the same without Jon yo
Is it still enjoyable? well that's up to the individual
[QUOTE=Recurracy;49335847]so art is fucking over people and attracting a shitload of negative attention because everyone hates your fucking guts? what an absolute ludicrous moron jesus fuck[/QUOTE]
I wonder how long it'll be before he pulls a Shia and starts wearing a paper bag that says "I'm not rich anymore"...
(not soon enough if there's any truth to what the bag would say)
[QUOTE=mdeceiver79;49336190]Patents make good sense. Without patents there is no/little incentive for small companies/individuals to innovate.
The system doesn't work because he did it before (and a similar challenger didn't emerge) and he would have/will do it again (In the unlikely event that he does get challenged he will still make a killing in the mean time and people will still get screwed over by his fucked up practices).
Him doing it and getting away with it will cause other ass hats to wriggle out of the wood work to racket them some life saving drugs.[/QUOTE]
I'm not saying that patents are broken, as a matter of fact I think that they are essential especially in the pharmaceutical industry where R&D costs are astronomical. What I was criticising in Sableye's post was him pointing fingers at the free market bogeyman, which is a misinformed opinion. Criticism should be directed at the right places or nothing useful will be done.
[QUOTE=Wiggles;49335837]Shkreli recently said about the price hike:
[URL]http://arstechnica.co.uk/science/2015/12/turings-shkreli-on-drug-price-hike-it-gets-people-talking-thats-what-art-is/[/URL]
Now all that talking has brought him a lot of attention and probably a lot of trouble. How delicious.[/QUOTE]
Since when have important drugs been art? Can someone help me here?
[QUOTE=KILLTHIS;49336267]Since when have important drugs been art? Can someone help me here?[/QUOTE]
fucking people over is an art
[QUOTE=Cloak Raider;49336441]fucking people over is an art[/QUOTE]
Well, then I certainly hope that he will come across a modern age DaVinci in prision that makes the eighth wonder of the world out of his ass.
Hope he dies in prison. This is the last human being anybody should want to share a planet with; he's nothing but a greedy, arrogant waste of sperm. It'd be nice if the feds actually went after him for, you know, his behavior with drug prices at Turing, but hey-- they got him all the same. That's all that matters in the end.
This gives Wu Tang Clan the perfect opportunity to go back and steal the album he bought back
Oh look, a nice steaming hot pile of karma for shkreli to shovel into his shit eating mouth.
[QUOTE=Cloak Raider;49336441]fucking people over is an art[/QUOTE]
To people like him.
Can't say I'm surprised he would try to spin his toxic decisions as "art"
Bad things happen to bad people
Today is a karma day, for sure.
Comcast getting fined, Shkreli in prison...
[QUOTE=Mio Akiyama;49336563]This gives Wu Tang Clan the perfect opportunity to go back and steal the album he bought back[/QUOTE]
let's make a movie about it, starring bill murray
except the movie is only a cover up for an actual heist
[QUOTE=Wormy;49335822]I am still shocked that increasing the pill price from $13.50 to $750 is legal. If such practices are legal, maybe it's time for a change so this cannot be done by more companies. It's just fucked.[/QUOTE]
The thing is, there are legitimate instances where such a price raise has to happen.
I'm not saying it happened here, but what about if a company simply can't afford to keep producing said drug unless they significantly raise the price?
[QUOTE=Scratch.;49336209]Not the same without Jon yo
Is it still enjoyable? well that's up to the individual[/QUOTE]
Weeooo Weeooo
[I][U]Off Topic Discussion Will Be Eradicated With Extreme Prejudice[/U][/I]
[QUOTE=ReligiousNutjob;49335836]I feel like this line should be brought to attention[/QUOTE]
Al Capone was thrown in jail because of tax evasion, so yeah.
Pic of incident:
[IMG]http://i.imgur.com/uk5bVqp.jpg[/IMG]
[QUOTE=geel9;49337132]The thing is, there are legitimate instances where such a price raise has to happen.
I'm not saying it happened here, but what about if a company simply can't afford to keep producing said drug unless they significantly raise the price?[/QUOTE]
Bear in mind most of the drugs he's bought haven't been on the US market and he bought them to sell the fda coupons instead of bring them to new markets
The guy on the far right looks like matt damon let himself go.
[QUOTE=Wiggles;49335837]Shkreli recently said about the price hike:
[quote]“To me, what I’m doing right now in the media, raising prices, all this shit, believe what you want, but it’s interesting," he said. "It gets people talking. At the end of the day, that’s what art is.”[/quote]
[URL]http://arstechnica.co.uk/science/2015/12/turings-shkreli-on-drug-price-hike-it-gets-people-talking-thats-what-art-is/[/URL]
Now all that talking has brought him a lot of attention and probably a lot of trouble. How delicious.[/QUOTE]
no you don't understand I WANTED to get caught because this was all a public art performance to get discussion going you can't say it wasn't art art is subJECTIVE
Is this the part where I type "couldn't happen to a better guy"?
Cause I'm pretty sure it is.
The problem is bigger than just Martin Shkreli. Pretty much everyone in big pharma should be arrested
Its a good thing they can jack the prices up. Think about it - they bring in more moolah, they invest more into R&D so they can come up with more overpriced drugs and make even more dosh. In the end every disease gets cured and the world is saved. Sure some people along the way might not be able to afford it and die, but sometimes sacrifices have to be made in order to have humanity advance forward. Think like Stalin did : "A single death is a tragedy; a million deaths is a statistic".
[highlight](User was banned for this post ("Trolling again" - Big Dumb American))[/highlight]
[QUOTE=alexaz;49337623]Its a good thing they can jack the prices up. Think about it - they bring in more moolah, they invest more into R&D so they can come up with more overpriced drugs and make even more dosh. In the end every disease gets cured and the world is saved. Sure some people along the way might not be able to afford it and die, but sometimes sacrifices have to be made in order to have humanity advance forward. Think like Stalin did : "A single death is a tragedy; a million deaths is a statistic".[/QUOTE]
Haha yeah let me just quote my only and true hero Adolf Hitler
While we're at it I'm gonna quote my role-model Charles Manson I pray to him every night on bed while I'm asleep god bless him
[editline]17th December 2015[/editline]
Kim Il-Sung did nothing wrong
[QUOTE=alexaz;49337623]Its a good thing they can jack the prices up. Think about it - they bring in more moolah, they invest more into R&D so they can come up with more overpriced drugs and make even more dosh. In the end every disease gets cured and the world is saved. Sure some people along the way might not be able to afford it and die, but sometimes sacrifices have to be made in order to have humanity advance forward. Think like Stalin did : "A single death is a tragedy; a million deaths is a statistic".[/QUOTE]
Hi Shkreli.
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