Do you believe him? I wonder how many people will die due to this man's actions?
Posts: 7772 | From Northeast, again... | Registered: Oct 2006
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TF
Frequent Contributor (5K+ posts)
Member # 14183
posted
sparkle, the link you posted is not about doxycycline but about Daraprim.
What is the source for the doxy quote? Thanks.
Posts: 9931 | From Maryland | Registered: Dec 2007
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posted
--------But this investor, who spoke on the condition of anonymity because he wanted to retain relations in the industry, added, “There’s nobody there in Martin’s life to tell him what the right thing is.”
-------------------- --Lymetutu-- Opinions, not medical advice! Posts: 96223 | From Texas | Registered: Feb 2001
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LisaK
Frequent Contributor (1K+ posts)
Member # 41384
posted
yes, I remember when on doxy a couple years ago (I think). one week it was like 30$ and the next month it was $150.
and I just got some recently that was again about $25. for 2 weeks.
it's all a game. wait until no one can get any meds. .....
-------------------- Be thankful in all things- even difficult times and sickness and trials - because there is something GOOD to be seen Posts: 3558 | From Eastern USA | Registered: Jul 2013
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sparkle7
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posted
It's in the first article that mig posted.
Posts: 7772 | From Northeast, again... | Registered: Oct 2006
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sparkle7
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posted
re: “There’s nobody there in Martin’s life to tell him what the right thing is.”
He's old enough to know... if he doesn't - I don't think he ever will know. It's like a combination of capitalism & psychopathy.
Posts: 7772 | From Northeast, again... | Registered: Oct 2006
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Keebler
Honored Contributor (25K+ posts)
Member # 12673
posted
- So just anyone can buy a pharmaceutical company - as long as they have the money? That's beyond scary.
Sparkle sums it up: "combination of capitalism & psychopathy" -
Posts: 48021 | From Tree House | Registered: Jul 2007
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TF
Frequent Contributor (5K+ posts)
Member # 14183
posted
Regarding doxycycline, the article posted by mig has a link in it that discusses doxy. Here is the complete quote from the link:
"The price that hospitals and pharmacies pay for a bottle of 500 tablets of doxycycline, a decades-old antibiotic, rose to $1,849 in April, from $20 in October 2013."
So, this is the price that hospitals and pharmacies are paying, not patients. And, it is a bottle of 500 tablets.
My husband takes doxy daily for an eye condition (ocular rosacea) and has done so for over a year. And, he will continue to take it indefinitely. The price is not high at all. But, it is 50 mg of doxy.
The quote does not say the milligrams of the doxy they are talking about. And, it does not say why the price of doxy rose.
Here is an article that explains it and also says that the price hike in doxy is over:
"Sometimes, he said, the spikes are easily explained, such as when Doxycycline experienced a manufacturing problem and had a temporary shortage."
sparkle7
Frequent Contributor (5K+ posts)
Member # 10397
posted
The quote about doxy is relating to this quote (from the first linked article):
"Although some price increases have been caused by shortages, others have resulted from a business strategy of buying old neglected drugs and turning them into high-priced “specialty drugs.”"
More from the article -
"In August, two members of Congress investigating generic drug price increases wrote to Valeant Pharmaceuticals after that company acquired two heart drugs, Isuprel and Nitropress, from Marathon Pharmaceuticals and promptly raised their prices by 525 percent and 212 percent respectively. Marathon had acquired the drugs from another company in 2013 and had quintupled their prices, according to the lawmakers, Senator Bernie Sanders, the Vermont independent who is seeking the Democratic nomination for president, and Representative Elijah E. Cummings, Democrat of Maryland.
Doxycycline, an antibiotic, went from $20 a bottle in October 2013 to $1,849 by April 2014, according to the two lawmakers."
To be fair - they did say it was also from shortages...
----
This guy Shkreli is garnering outrage all over the internet for his practices. This is from The Washington Post -
"Turing Pharmaceuticals CEO Martin Shkreli has been called plenty of names this week, including some expletives: Public Enemy No. 1, a villain, the most hated man in America/the Internet/the world. Even Republican presidential hopeful Donald Trump jumped in, ripping the 32-year-old former hedge fund manager as a "spoiled brat."
It's one thing for your critics to pile on when you've done something distasteful like jack up the price of a life-saving drug 4,000 percent overnight, but in Shkreli's case his supposed friends took their own stabs at their former "pharma bro.""...
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As if it isn't bad enough we pay over inflated prices for drugs here in the US...
---
More-
“Morons,” “dumb,” “idiots”: Martin Shkreli and Donald Trump deserve ... Salon-10 hours ago
Martin Shkreli, the Mercurial Man Behind the Drug Price Increase ... Highly Cited-New York Times-Sep 22, 2015
Turing to roll back pricing for Daraprim amid controversy Opinion-CNBC-Sep 22, 2015
Federal Prosecutors Target Martin Shkreli in a Criminal Investigation In-Depth-Newsweek-Sep 23, 2015
That Guy Who Is Price-Gouging AIDS Patients Also Did It to Kids ... Blog-Slate Magazine (blog)-Sep 22, 2015
Some Notes Toward a Comprehensive Plan For Screwing Martin ... Mother Jones-7 hours ago
Posts: 7772 | From Northeast, again... | Registered: Oct 2006
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TF
Frequent Contributor (5K+ posts)
Member # 14183
posted
To be fair, they listed the doxy price increase after they talked about 2 drugs that had price increases due to business strategy, as they call it.
So, since they never said, "Oh, but then there was doxy which had a temporary price increase for a different reason" it definitely leads the reader to think that a "business strategy" is behind the HORRIBLE doxy increase also.
Nobody would think of "a bottle" of doxy as being the huge bottle that the hospital buys either. 500 pills to a bottle. Look at that horrible price of $1,849! It is an outrage.
And, by the way, the increase in price no longer exists!
So, without investigating further, people are being led to believe that the doxy increase was a result of a business strategy and that the increase is permanent and a bottle of doxy now costs over $1,800.
And, doxy is the one med that folks on this board are going to be the most interested in. That's why I had to set the record straight.
So many times the media does not give us the full story, so they really are not giving us the truth. I don't like that one bit.
Posts: 9931 | From Maryland | Registered: Dec 2007
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sparkle7
Frequent Contributor (5K+ posts)
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posted
Yeah, everything in the news gets distorted. There was something I was doing & the newspaper interviewed me. They completely skewed what I said. That was just a minor new event... I can't imagine what goes on with bigger stories.
The news is very manipulated. Most of the stories I see on-line have bad grammar errors & I'm dyslexic... If even I'm noticing them, it must be pretty bad. You have to cross-reference everything.
Still - this guy Shkreli seems like a slime. He was doing this scheme with malaria drugs, too. Some people here may need to use them for babesia at some point.
He just may be a patsy, though. They are hyping him up while other may be hiding behind the scenes...?
Posts: 7772 | From Northeast, again... | Registered: Oct 2006
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The news is very manipulated. Most of the stories I see on-line have bad grammar errors & I'm dyslexic... If even I'm noticing them, it must be pretty bad. You have to cross-reference everything.
- The errors drive me insane... as well as the half-truths and outright lies.
-------------------- --Lymetutu-- Opinions, not medical advice! Posts: 96223 | From Texas | Registered: Feb 2001
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