Stay in Touch
Get sneak previews of special offers & upcoming events delivered to your inbox.
Sign in
10-22-2015 10:57 PM
A San Diego-based company announced on Thursday that it would compete with Martin Shkreli’s Turing Pharmaceuticals by offering the same drug used to help AIDS and cancer patients for $1 a pill, the San Diego Union-Tribune reported.
Imprimis Pharmaceuticals, a compounding-drug firm, said it would begin selling its own version of the generic drug pyrimethamine, which Turing was marketing under the name Daraprim. Shkreli was roundly criticized last month after his company raised the price for the drug from $13.50 a pill to $750 a pill after acquiring the patent.
The version Imprimis will be selling includes pyrimethamine and another generic drug, leucovorin, which is typically used to help cancer patients going through chemotherapy. The two drugs are the active ingredients in Daraprim.
Mark Baum, Imprimis’ CEO, said his company plans to offer similar compounded drugs soon.
“We are looking at all of these cases where the sole-source generic companies are jacking the price way up,” he told the Associated Press. “There’ll be many more of these.”
According to Baum, his company’s mix of the two drugs has not been approved by the Food and Drug Administration. However, both the ingredients themselves and the company’s compounding work have been approved. The drug can only be sold after being prescribed by a doctor to a specific individual. The company is selling a bottle of 100 pills for $99 through its website.
10-22-2015 11:24 PM
GOOD! I hope this news wipes that smirk off of his face.
10-22-2015 11:30 PM
@Smaug wrote:GOOD! I hope this news wipes that smirk off of his face.
***
I was thinking of you and the other posters when I read this article.
10-22-2015 11:32 PM
Martin Shkreli and people like him, just make me sick!
10-22-2015 11:35 PM
Every once in a while, we get to see something good that evens out the playing field.
10-22-2015 11:38 PM
This couldn't have happened to a "nicer guy." What a creap!
http://finance.yahoo.com/news/drug-compounder-offers-cheap-version-194229044.html
Get sneak previews of special offers & upcoming events delivered to your inbox.
*You're signing up to receive QVC promotional email.
Find recent orders, do a return or exchange, create a Wish List & more.
Privacy StatementGeneral Terms of Use
QVC is not responsible for the availability, content, security, policies, or practices of the above referenced third-party linked sites nor liable for statements, claims, opinions, or representations contained therein. QVC's Privacy Statement does not apply to these third-party web sites.
© 1995-2024 QVC, Inc. All rights reserved. | QVC, Q and the Q logo are registered service marks of ER Marks, Inc. 888-345-5788