SlideShare a Scribd company logo
1 of 3
Download to read offline
Aussie science students outwit
Big Pharma CEO
Ask the internet, and the most hated man in the world may well be
Martin Shkreli. The pharmaceutical company owner became an
international caricature for explosive greed and boundless hubris
after he increased the price of a single tablet of Daraprim from
about 13 bucks to about $750.
The ‘net rejoiced when the guy seemed to get his comeuppance.
Sure, he was still wealthy, but at least there was some retribution
for folks to crow about on Reddit and Facebook. But the world
doesn’t seem to be finished with its payback.
The headlines were abuzz last week with news that a group of
pharmaceutical researchers had managed to recreate the key
ingredient in Daraprim … for about 20 bucks. Not bad … for a
bunch of Australian school kids.
The group of underage scientists from Sydney say they
successfully recreated the drug that is currently a go-to choice for
both malaria and AIDs patients. According to reports, the 17yo
whiz kids managed to synthesize the active ingredient,
pyrimethamine, in their high school science lab. Yes, you read that
right. A bunch of kids created a head-to-head competitor for one
of the most price-gouged product in recent memory.
Then, just to add a very Aussie bit to the whole deal, one of the
boys told the BBC that “it wasn’t that hard, really” … and the
internet laughed and laughed.
The kids used their creation to highlight the price disparity in
medications around the world. The same amount of the drug — 3.7
grams — they made for $20 would retail in the U.S. for upwards of
$110,000. Whereas, in Oz and the UK, the drug goes for about
$1.50 per pill.
And the kids weren’t mincing words when they announced their
intentions. One, James Wood, told the BBC, “It seems totally
unjustified and ethically wrong… It’s a life-saving drug and so
many people can’t afford it.”
Shkreli argued differently when he acquired Turing
Pharmaceuticals, the company with the rights to the drug, which
was originally manufactured as far back as the 1950s. At the time
of the 5,000 percent increase, Shkreli said the drug deserved the
jacked up price because it was “highly specialized.”
After the kind of outcry that the words “massive public” were
invented for, Turing lowered the price of the drug. Later, Shkreli
was cuffed, accused of securities fraud … and, once again, the
internet rejoiced.

More Related Content

Similar to Aussie science students outwit Big Pharma CEO

Dollars for doctors
Dollars for doctorsDollars for doctors
Dollars for doctors
bryan rahija
 
  NEW BORN DISGUISED KILLINGS 56 PERCENT          
  NEW BORN DISGUISED KILLINGS 56 PERCENT            NEW BORN DISGUISED KILLINGS 56 PERCENT          
  NEW BORN DISGUISED KILLINGS 56 PERCENT          
Prayer Warriors Institute
 
GlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US History
GlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US HistoryGlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US History
GlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US History
frodo2222
 
25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine
25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine
25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine
JVGAJJAR
 
Evangeline Chee - China and India making inroads in Biotech Drugs
Evangeline Chee - China and India making inroads in Biotech DrugsEvangeline Chee - China and India making inroads in Biotech Drugs
Evangeline Chee - China and India making inroads in Biotech Drugs
cynrx
 
What killed sally clark's child
What killed sally clark's childWhat killed sally clark's child
What killed sally clark's child
Alison Stevens
 
What Killed Sally Clarks Child
What Killed Sally Clarks ChildWhat Killed Sally Clarks Child
What Killed Sally Clarks Child
alisonegypt
 
CASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docx
CASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docxCASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docx
CASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docx
wendolynhalbert
 
Tylenol poisoning
Tylenol poisoningTylenol poisoning
Tylenol poisoning
Dk Louis
 

Similar to Aussie science students outwit Big Pharma CEO (15)

Combating Counterfeit with a Patient Perspective
Combating Counterfeit with a Patient PerspectiveCombating Counterfeit with a Patient Perspective
Combating Counterfeit with a Patient Perspective
 
Dollars for doctors
Dollars for doctorsDollars for doctors
Dollars for doctors
 
  NEW BORN DISGUISED KILLINGS 56 PERCENT          
  NEW BORN DISGUISED KILLINGS 56 PERCENT            NEW BORN DISGUISED KILLINGS 56 PERCENT          
  NEW BORN DISGUISED KILLINGS 56 PERCENT          
 
GlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US History
GlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US HistoryGlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US History
GlaxoSmithKline: GUILTY in Largest Health Fraud Settlement in US History
 
Onwards and upwards
Onwards and upwardsOnwards and upwards
Onwards and upwards
 
Genetic privacy
Genetic privacyGenetic privacy
Genetic privacy
 
Buss. ethic
Buss. ethicBuss. ethic
Buss. ethic
 
25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine
25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine
25 Amazing-and-Disturbing-Facts-About-The-Hidden-History-of-Medicine
 
Evangeline Chee - China and India making inroads in Biotech Drugs
Evangeline Chee - China and India making inroads in Biotech DrugsEvangeline Chee - China and India making inroads in Biotech Drugs
Evangeline Chee - China and India making inroads in Biotech Drugs
 
Writing on the wall
Writing on the wallWriting on the wall
Writing on the wall
 
What killed sally clark's child
What killed sally clark's childWhat killed sally clark's child
What killed sally clark's child
 
What Killed Sally Clarks Child
What Killed Sally Clarks ChildWhat Killed Sally Clarks Child
What Killed Sally Clarks Child
 
CASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docx
CASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docxCASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docx
CASE 15 The Diethylstilbestrol Story An Investigation into the Evo.docx
 
Tylenol poisoning
Tylenol poisoningTylenol poisoning
Tylenol poisoning
 
JUNE 9, 2008 PRESS RELEASE
JUNE 9, 2008 PRESS RELEASEJUNE 9, 2008 PRESS RELEASE
JUNE 9, 2008 PRESS RELEASE
 

Recently uploaded

🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...
🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...
🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...
Call Girls In Delhi Whatsup 9873940964 Enjoy Unlimited Pleasure
 
Call Girls in Gagan Vihar (delhi) call me [🔝 9953056974 🔝] escort service 24X7
Call Girls in Gagan Vihar (delhi) call me [🔝  9953056974 🔝] escort service 24X7Call Girls in Gagan Vihar (delhi) call me [🔝  9953056974 🔝] escort service 24X7
Call Girls in Gagan Vihar (delhi) call me [🔝 9953056974 🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls * UPA...
Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls  * UPA...Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls  * UPA...
Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls * UPA...
mahaiklolahd
 

Recently uploaded (20)

8980367676 Call Girls In Ahmedabad Escort Service Available 24×7 In Ahmedabad
8980367676 Call Girls In Ahmedabad Escort Service Available 24×7 In Ahmedabad8980367676 Call Girls In Ahmedabad Escort Service Available 24×7 In Ahmedabad
8980367676 Call Girls In Ahmedabad Escort Service Available 24×7 In Ahmedabad
 
🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...
🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...
🌹Attapur⬅️ Vip Call Girls Hyderabad 📱9352852248 Book Well Trand Call Girls In...
 
VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋
VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋
VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋
 
Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...
Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...
Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...
 
Call Girls Rishikesh Just Call 9667172968 Top Class Call Girl Service Available
Call Girls Rishikesh Just Call 9667172968 Top Class Call Girl Service AvailableCall Girls Rishikesh Just Call 9667172968 Top Class Call Girl Service Available
Call Girls Rishikesh Just Call 9667172968 Top Class Call Girl Service Available
 
Call Girls Service Jaipur {8445551418} ❤️VVIP BHAWNA Call Girl in Jaipur Raja...
Call Girls Service Jaipur {8445551418} ❤️VVIP BHAWNA Call Girl in Jaipur Raja...Call Girls Service Jaipur {8445551418} ❤️VVIP BHAWNA Call Girl in Jaipur Raja...
Call Girls Service Jaipur {8445551418} ❤️VVIP BHAWNA Call Girl in Jaipur Raja...
 
Call Girls Service Jaipur {9521753030 } ❤️VVIP BHAWNA Call Girl in Jaipur Raj...
Call Girls Service Jaipur {9521753030 } ❤️VVIP BHAWNA Call Girl in Jaipur Raj...Call Girls Service Jaipur {9521753030 } ❤️VVIP BHAWNA Call Girl in Jaipur Raj...
Call Girls Service Jaipur {9521753030 } ❤️VVIP BHAWNA Call Girl in Jaipur Raj...
 
Call Girls Ahmedabad Just Call 9630942363 Top Class Call Girl Service Available
Call Girls Ahmedabad Just Call 9630942363 Top Class Call Girl Service AvailableCall Girls Ahmedabad Just Call 9630942363 Top Class Call Girl Service Available
Call Girls Ahmedabad Just Call 9630942363 Top Class Call Girl Service Available
 
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
 
Call Girls in Gagan Vihar (delhi) call me [🔝 9953056974 🔝] escort service 24X7
Call Girls in Gagan Vihar (delhi) call me [🔝  9953056974 🔝] escort service 24X7Call Girls in Gagan Vihar (delhi) call me [🔝  9953056974 🔝] escort service 24X7
Call Girls in Gagan Vihar (delhi) call me [🔝 9953056974 🔝] escort service 24X7
 
(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...
(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...
(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...
 
All Time Service Available Call Girls Marine Drive 📳 9820252231 For 18+ VIP C...
All Time Service Available Call Girls Marine Drive 📳 9820252231 For 18+ VIP C...All Time Service Available Call Girls Marine Drive 📳 9820252231 For 18+ VIP C...
All Time Service Available Call Girls Marine Drive 📳 9820252231 For 18+ VIP C...
 
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
Manyata Tech Park ( Call Girls ) Bangalore ✔ 6297143586 ✔ Hot Model With Sexy...
 
Model Call Girls In Chennai WhatsApp Booking 7427069034 call girl service 24 ...
Model Call Girls In Chennai WhatsApp Booking 7427069034 call girl service 24 ...Model Call Girls In Chennai WhatsApp Booking 7427069034 call girl service 24 ...
Model Call Girls In Chennai WhatsApp Booking 7427069034 call girl service 24 ...
 
Call Girls Kolkata Kalikapur 💯Call Us 🔝 8005736733 🔝 💃 Top Class Call Girl Se...
Call Girls Kolkata Kalikapur 💯Call Us 🔝 8005736733 🔝 💃 Top Class Call Girl Se...Call Girls Kolkata Kalikapur 💯Call Us 🔝 8005736733 🔝 💃 Top Class Call Girl Se...
Call Girls Kolkata Kalikapur 💯Call Us 🔝 8005736733 🔝 💃 Top Class Call Girl Se...
 
Call Girls Vasai Virar Just Call 9630942363 Top Class Call Girl Service Avail...
Call Girls Vasai Virar Just Call 9630942363 Top Class Call Girl Service Avail...Call Girls Vasai Virar Just Call 9630942363 Top Class Call Girl Service Avail...
Call Girls Vasai Virar Just Call 9630942363 Top Class Call Girl Service Avail...
 
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 9332606886 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 9332606886 𖠋 Will You Mis...The Most Attractive Hyderabad Call Girls Kothapet 𖠋 9332606886 𖠋 Will You Mis...
The Most Attractive Hyderabad Call Girls Kothapet 𖠋 9332606886 𖠋 Will You Mis...
 
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
 
Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls * UPA...
Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls  * UPA...Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls  * UPA...
Call Girl in Indore 8827247818 {LowPrice} ❤️ (ahana) Indore Call Girls * UPA...
 
Low Rate Call Girls Bangalore {7304373326} ❤️VVIP NISHA Call Girls in Bangalo...
Low Rate Call Girls Bangalore {7304373326} ❤️VVIP NISHA Call Girls in Bangalo...Low Rate Call Girls Bangalore {7304373326} ❤️VVIP NISHA Call Girls in Bangalo...
Low Rate Call Girls Bangalore {7304373326} ❤️VVIP NISHA Call Girls in Bangalo...
 

Aussie science students outwit Big Pharma CEO

  • 1. Aussie science students outwit Big Pharma CEO Ask the internet, and the most hated man in the world may well be Martin Shkreli. The pharmaceutical company owner became an international caricature for explosive greed and boundless hubris after he increased the price of a single tablet of Daraprim from about 13 bucks to about $750. The ‘net rejoiced when the guy seemed to get his comeuppance. Sure, he was still wealthy, but at least there was some retribution for folks to crow about on Reddit and Facebook. But the world doesn’t seem to be finished with its payback.
  • 2. The headlines were abuzz last week with news that a group of pharmaceutical researchers had managed to recreate the key ingredient in Daraprim … for about 20 bucks. Not bad … for a bunch of Australian school kids. The group of underage scientists from Sydney say they successfully recreated the drug that is currently a go-to choice for both malaria and AIDs patients. According to reports, the 17yo whiz kids managed to synthesize the active ingredient, pyrimethamine, in their high school science lab. Yes, you read that right. A bunch of kids created a head-to-head competitor for one of the most price-gouged product in recent memory. Then, just to add a very Aussie bit to the whole deal, one of the boys told the BBC that “it wasn’t that hard, really” … and the internet laughed and laughed. The kids used their creation to highlight the price disparity in medications around the world. The same amount of the drug — 3.7 grams — they made for $20 would retail in the U.S. for upwards of $110,000. Whereas, in Oz and the UK, the drug goes for about $1.50 per pill. And the kids weren’t mincing words when they announced their intentions. One, James Wood, told the BBC, “It seems totally unjustified and ethically wrong… It’s a life-saving drug and so many people can’t afford it.” Shkreli argued differently when he acquired Turing Pharmaceuticals, the company with the rights to the drug, which was originally manufactured as far back as the 1950s. At the time of the 5,000 percent increase, Shkreli said the drug deserved the jacked up price because it was “highly specialized.”
  • 3. After the kind of outcry that the words “massive public” were invented for, Turing lowered the price of the drug. Later, Shkreli was cuffed, accused of securities fraud … and, once again, the internet rejoiced.