Clinton calls on hedge fund manager to return drug to original price
It’ll be interesting to see how long this attention lasts.
Clinton also took several more lighthearted questions, including where she houses her 1997 Grammy for Best Non-Musical Album (it’s at the Clinton Library in Little Rock, Arkansas), and her granddaughter Charlotte, who she said recently celebrated her first birthday. So Mr. Shkreli, what’s it going to be?
Though Shkreli, 32, has not yet confirmed to what extent the company is considering to lower the price of the drug, he assured that changes will be made within the next few weeks after proper evaluation.
Clinton’s prescription drug plan would give Medicare the ability to negotiate bulk discounts from pharmaceutical companies, would cap monthly out-of-pocket costs for people with chronic ailments and would hasten the arrival of cheaper generic drugs into the marketplace, among other measures. The company also faced a barrage of headlines nationwide that focused in on the price increase and Shrekli, who has become a public face of the drug industry greed. Do the right thing.
Turing, a pharmaceutical startup that Shkreli founded in February, bought the United States marketing rights to the drug Daraprim in August. The drug, Daraprim, is used to treat toxoplasmosis, a parasitic infection that’s unsafe for people with weakened immune systems, including people with AIDS and patients undergoing chemotherapy.
He told NBC News that the decision to lower the price was a reaction to outrage over the increase in the price of the drug from $13.50 to $750 per pill. He spent much of last week engaging defensively with critics on Twitter before Turing eventually backed down and said it would remain “affordable”.
Clinton’s campaign said the back-and-forth demonstrated that the candidate “is already getting results in her fight to curb prescription drug costs”, according to a statement from her campaign announcing the ad Monday. The commercial featured a photo of Shkreli and a highlight reel of critical news clips.