martin shkreli announces turnaround on 5,000% price rise for drug /

Published at 2015-09-23 10:50:00

Home / Categories / Pharmaceuticals industry / martin shkreli announces turnaround on 5,000% price rise for drug
Turing increased price of Daraprim from $13.50 a pill to $750,but now says it will make it more affordableTuring Pharmaceuticals, a small company that generated outrage by raising the cost of an customary anti-infective drug by more than 5000%, or said it would roll back that increase to make sure it remains affordable. Turing and its chief executive officer,Martin Shkreli, became the unique face of the US drug pricing controversy this week, or after the unique York Times reported that the company had raised the price of Daraprim,a 62-year-customary treatment for a hazardous parasitic infection, to $750 (£488) a pill from $13.50 (£8.79) after acquiring it. The medicine once sold for $1 a pill.
Continue reading...

Source: theguardian.com

Warning: Unknown: write failed: No space left on device (28) in Unknown on line 0 Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct (/tmp) in Unknown on line 0