Reply
Esteemed Contributor
Posts: 5,758
Registered: ‎03-09-2010

Good News RE: The Drug Raised in Price From $13.50 To $750.00 Per Pill

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.

Keep Your Face To The Sunshine and You Will Not See The Shadow
Respected Contributor
Posts: 4,026
Registered: ‎03-12-2010

Re: Good News RE: The Drug Raised in Price From $13.50 To $750.00 Per Pill

GOOD! I hope this news wipes that smirk off of his face. 

 

_____ ,,,^ ._. ^,,,_____
Esteemed Contributor
Posts: 5,758
Registered: ‎03-09-2010

Re: Good News RE: The Drug Raised in Price From $13.50 To $750.00 Per Pill


@Smaug wrote:

GOOD! I hope this news wipes that smirk off of his face. 

 


***

 

Woman LOL  I was thinking of you and the other posters when I read this article.

Keep Your Face To The Sunshine and You Will Not See The Shadow
Respected Contributor
Posts: 2,240
Registered: ‎04-10-2014

Re: Good News RE: The Drug Raised in Price From $13.50 To $750.00 Per Pill

Martin Shkreli and people like him, just make me sick!

Respected Contributor
Posts: 4,797
Registered: ‎03-09-2010

Re: Good News RE: The Drug Raised in Price From $13.50 To $750.00 Per Pill

Every once in a while, we get to see something good that evens out the playing field.

 

 

~The only difference between this place and the Titanic is that the Titanic had a band.~
Esteemed Contributor
Posts: 5,758
Registered: ‎03-09-2010

Re: Good News RE: The Drug Raised in Price From $13.50 To $750.00 Per Pill

This couldn't have happened to a "nicer guy."  What a creap!

 

http://finance.yahoo.com/news/drug-compounder-offers-cheap-version-194229044.html

Keep Your Face To The Sunshine and You Will Not See The Shadow