Pharma company teaches price-gouger Martin Shkreli a very important lesson in capitalism

The company plans to supply consumers with a far cheaper version of the life-saving drug used by AIDS and cancer patients, Daraprim.

A San Diego-based pharmaceutical company plans to supply consumers with a far cheaper version of the life-saving drug used by AIDS and cancer patients, Daraprim.

The San Diego Union-Tribune reported Thursday that Imprimis Pharmaceuticals will soon begin to sell the generic form of the drug pyrimethamine, which is marketed by Martin Shkreli‘s Turing Pharmaceuticals as Daraprim. Shkreli gained notoriety last month after his company inflated the price of the drug from $13.50 to $750 a capsule soon after receiving its patent.

“We are looking at all of these cases where the sole-source generic companies are jacking the price way up,” Mark Baum said, who is the CEO of Imprimis Pharmaceuticals. “There’ll be many more of these.”

According to Baum, his company’s new drug is compound formulated with both pyrimethamine and another generic drug to alleviate cancer symptoms, Leucovorin. Each pill is expected to run consumers roughly $1 per pill and $99 per bottle of 100 capsules.

Screen Shot 2015-10-24 at 9.55.29 AM

Martin Shkreli, via Facebook

Imprimis primarily makes compounded drugs to treat cataracts and urological conditions. They plan to work with medical insurance companies and hospitals to make its new drug more widely available.

“We’re geared up. We’re ready to go as soon as the orders come in,” Baum said.

For a Pharmaceutical company to engage in an act of charity when it comes sale of medications is nearly unheard of. Many companies actually adopt similar business practices to that of Turing and suddenly increase their drug prices without little warning.

Valeant Pharmaceuticals became well-known for raising the price of two of its heart medications, Nitropress and Isuprel, upwards of 212 and 525 percent. Valeant also raised the price of the heartburn medication Zegerid by 550 percent this year. However, Turing took the practice to a whole new level when they increased Daraprim by 5,000 percent.

“We spend more than 50% of our revenue on R&D,” Shkreli said in response to criticism on Twitter. “Please get your facts straight before lumping us in with others.”

Pharmaceutical companies generally respond to complaints about high prices by stating that the price represents the costs of expensive research. According to Shrekli, the money helps pay for bringing innovative new drugs to market, and it provides a financial incentive to bring more existing drugs to market that currently are not sold as they do not generate enough profit.

While Shrekli may have a point about developing and marketing a niche drug being expensive, charging the deathly ill the price the equivalent of a compact car for a 30 day supply of Daraprim seems incredibly rapacious, even for a pharmaceutical company.

[Gawker] Featured image via Facebook 



  1. Avatar

    find more

    June 23, 2017 at 6:27 am

    I simply want to tell you that I am all new to blogging and site-building and truly savored your web-site. Very likely I’m likely to bookmark your blog . You amazingly have tremendous stories. Kudos for sharing with us your web site.

  2. Avatar


    June 28, 2017 at 2:53 pm

    Hello there, I found your blog by the use of Google at the same time as searching for a similar matter, your web site got here up, it appears to be like good. I’ve bookmarked it in my google bookmarks.

  3. Avatar

    Jak Pozycjonowac Strone Krok Po Kroku

    June 30, 2017 at 2:07 pm

    I reckon something genuinely special in this web site.

  4. Avatar

    dentysta gorzów

    June 30, 2017 at 2:11 pm

    Hello, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam feedback? If so how do you protect against it, any plugin or anything you can advise? I get so much lately it’s driving me insane so any assistance is very much appreciated.

  5. Avatar


    December 16, 2018 at 2:35 pm

    XcQ65T We hope you will understand our position and look forward to your cooperation.

  6. Avatar


    August 25, 2020 at 1:16 pm

    It is actually a great and helpful piece of information. I am satisfied that you shared this helpful info with us. Please keep us up to date like this. Thanks for sharing.

  7. Avatar


    October 7, 2020 at 9:04 pm

    Terrific info, Many thanks!
    best college admission essays dissertation writing coursework writing help

  8. Avatar

    writing websites

    October 10, 2020 at 1:42 am

    Thanks! Loads of knowledge.

  9. Avatar

    writing help

    October 10, 2020 at 1:42 am

    You actually stated this exceptionally well! https://definitionessays.com/

  10. Avatar

    paper writing

    October 10, 2020 at 4:23 am

    Many thanks, Fantastic stuff.

  11. Avatar

    argumentative essay

    October 10, 2020 at 11:31 pm

    You actually reported it adequately.

  12. Avatar


    October 11, 2020 at 8:49 pm

    Useful information. Thank you! colleges that dont require essays https://topessayssites.com dissertation writing services usa

  13. Avatar


    October 12, 2020 at 1:36 am

    Nicely put. Kudos.
    canada pharmacies prescription drugs without prior prescription canadian pharmacy drugs online

  14. Avatar


    October 12, 2020 at 3:37 am

    Helpful write ups. Thanks.
    canadian pharmacy viagra canada pharmaceutical online ordering

  15. Avatar


    October 12, 2020 at 11:20 am

    Kudos, Wonderful information. canada pharmacies online canadian pharmacies that are legit canadian online pharmacies legitimate by aarp

  16. Avatar


    October 12, 2020 at 9:07 pm

    Thanks. Lots of content!
    online canadian discount pharmacy aarp approved canadian online pharmacies highest rated canadian pharmacies

  17. Avatar

    online pharmacies

    October 12, 2020 at 9:32 pm

    You have made your point extremely well.!

  18. Avatar


    October 13, 2020 at 2:31 am

    Kudos. I appreciate this.
    how to write an illustrative essay help writing thesis personal statement writing service

  19. Avatar


    October 14, 2020 at 4:23 am

    Terrific stuff. Kudos.
    canadian government approved pharmacies canada pharmacies online prescriptions prescription drugs canada

  20. Avatar


    October 14, 2020 at 5:21 am

    This is nicely said! . premium essay writing service essay writing services reviews dissertation university

  21. Avatar

    canada pharmaceuticals

    October 15, 2020 at 12:28 pm

    With thanks, A good amount of facts.

  22. Avatar


    October 15, 2020 at 2:37 pm

    Amazing stuff. Thank you! mexican pharmacies shipping to usa mexican pharmacy online top rated online canadian pharmacies

  23. Avatar


    October 15, 2020 at 10:08 pm

    With thanks, I value it! canadian drugstore reviews rx pharmacy canada pharma limited

  24. Avatar


    October 16, 2020 at 12:23 am

    You have made your point extremely nicely!!
    good essay writing services best essay writing services write my assignment ireland

  25. Avatar


    October 16, 2020 at 1:11 am

    Good facts. Regards.
    canadian pharmacies without an rx prescription price comparison

  26. Avatar


    October 16, 2020 at 4:16 am

    Terrific stuff. Regards!
    canadapharmacy canadadrugs pharmacy online mexico

  27. Avatar


    October 17, 2020 at 3:06 am

    With thanks! Lots of data!
    write my essays thesis writing help online dissertation writing

  28. Avatar

    research paper

    October 17, 2020 at 6:23 pm

    Wonderful info. Thank you! best essays https://topessayssites.com hiring ghostwriters

  29. Avatar


    October 18, 2020 at 7:10 am

    You actually reported it very well. discount drugs online pharmacy erection pills ordering prescriptions from canada legally

  30. Avatar

    mail order pharmacies

    October 18, 2020 at 4:05 pm

    With thanks. Ample posts!

  31. Avatar


    October 18, 2020 at 4:53 pm

    Seriously tons of helpful material. drugstore online list of approved canadian pharmacies reputable canadian mail order pharmacies

  32. Avatar


    October 18, 2020 at 9:53 pm

    Seriously loads of useful info.
    personal essays for college thesis writing services writing services for students

Leave a Reply

Your email address will not be published.

To Top