Turns out medical providers have come up with some very creative ways to screw over the public.
JANUARY 11, 2022 — The Lown Institute has issued its top ten list of the worst examples of profiteering and dysfunction in health care, named for Martin Shkreli, the price-hiking “pharma bro” that everyone loves to hate. This year we’re highlighting “innovative” profiteers, who have particularly creative ways of milking the health system for money.
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Turns out medical providers have come up with some very creative ways to screw over the public.
JANUARY 11, 2022 — The Lown Institute has issued its top ten list of the worst examples of profiteering and dysfunction in health care, named for Martin Shkreli, the price-hiking “pharma bro” that everyone loves to hate.
Oh well, it appears that even in the center of crazy capitalism crime doesn’t always pay?
Jailed ‘Pharma Bro’ Martin Shkreli ordered to repay $64m
Published 14 January
Martin Shkreli, the former drug firm executive who ordered dramatic price hikes of a life-saving medicine, has been barred from the industry for life.
In a decision on Friday, Judge Denise Cote ordered him to repay $64.6m (£47m) in profits he made from the scheme.
She ruled that Mr Shkreli’s actions had violated laws against monopolies.
Mr Shkreli is currently serving a prison sentence for defrauding investors.
But this decision is about action he took in 2015 to raise the price of Daraprim, a long-established medicine used to treat toxoplasmosis, from $13.50 to $750 - around 4,000% - overnight.
In this era of superstition, ignorance, and mob rule, the repercussions may be real, even if the science is fake.
Some folks will do anything to hold onto racism. Oh and believe they need a tax break for the rich…not that they have that sort of money. Just keep buying lotto tickets.