Shkreli Awards -- outrageous profiteering in medical industry

Anyone remember Martin Shkreli, whose self-satisfied smirk made me want to smack his face?

Martin Shkreli obtained the manufacturing rights to the anti-parasitic drug pyrimethamine (Daraprim), whose price he marked up by more than 5,000%. Then he tweaked the noses of a Congressional hearing. Surprise, surprise, he was was sentenced to 7 years in prison and fined $7.4 million for securities fraud a few months after the hearing.

This Year’s Shkreli Awards: Here’s Who Made the List

— “We are dumbfounded by the amount of profiteering,” Lown Institute president says

by Cheryl Clark, Contributing Writer, MedPage Today January 7, 2025


The Shkreli Awards often call out people and companies that were once well-respected in their fields, Saini said. “These things happen because incentives get tilted in the direction of money and profit to the point that a lot of people who should know better end up losing their way,” he added… [end quote]

The list in the article is guaranteed to raise your blood pressure.

Wendy

6 Likes

Nothing to ignore but hardly new.

2020 saw the biggest boom in snake oil salesmen of all time. Pulling licenses did not stop them.

RFK jr thinks many of them know something.