A group of high school students from Australia have managed to recreate the key ingredient in Daraprim for a fraction of the cost that Martin Shkreli claims. Daraprim is responsible for treating malaria and AIDs, and it's effects on these diseases have been ground breaking. The accomplishments by these high school kids have people all over the world ecstatic and it's easy to understand why. Making this drug affordable for the average person will save lives, and that's one of the greatest things anybody could do in their lifetime.
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.