Big Pharma Is Pushing Prescription Drug Prices Up, Up, Up

Staff / Truthdig May 25, 2016 Wall Street’s drive for profits is diminishing the benefits to society of new life-enhancing medications for which companies can charge patients hundreds of thousands of dollars per year. Dig deeper ( 2 Min. Read )

VIDEO: Shkreli Does Little to Help His Cause in Smirky Encounter With Capitol Hill ‘Imbeciles’

Staff / Truthdig Feb 5, 2016 Embattled Turing Pharmaceuticals CEO Martin Shkreli apparently did not show up for his hearing Thursday before the House Oversight Committee with a mind to shift public opinion in his favor or convince attendant legislators that he held anything resembling respect for the proceedings. Dig deeper ( 2 Min. Read )

VIDEO: ‘Pharma Bro’ and Hedge Fund Profiteer Martin Shkreli Arrested in Fraud Case

Staff / Truthdig Dec 18, 2015 The 32-year-old Turing Pharmaceuticals CEO and Wall Street player became a source of schadenfreude on a mass scale Thursday with the news that he had been arrested for securities fraud. Dig deeper ( 3 Min. Read )

Martin Shkreli Abandons Promise to Lower HIV Drug Price He Gouged

Alexander Reed Kelly / Truthdig Nov 26, 2015 The disreputable pharmaceutical boss has reneged on an agreement to lower the price of a medication he raised from $13.50 to $750 per pill. Dig deeper ( 1 Min. Read )

Rep. Jason Chaffetz Uses House Leadership Power to Protect His Drug Company Backers

Staff / Truthdig Nov 5, 2015 Republican Jason Chaffetz, chairman of the House Committee on Oversight and Governmental Reform, has been accused of protecting drug companies Valeant and Turing Pharmaceuticals from a congressional investigation into alleged price gouging. Dig deeper ( 2 Min. Read )

Another Big Pharma Company Forces Patients to Pay Sky-High Drug Prices

Kasia Anderson / Truthdig Oct 5, 2015 Another drug company has joined the likes of the recently exposed Turing Pharmaceuticals by jacking up prices of life-sustaining meds on extremely short notice. Remember this name: Valeant Pharmaceuticals International. Dig deeper ( 1 Min. Read )

Truthdiggers of the Week: All Those Who Piled on Martin Shkreli

BLANK Sep 27, 2015 The drug company CEO who announced a 5,000 percent increase in the price of a lifesaving drug was forced to back down after Twitter users, the industry and others exploded in outrage. We have three words for these sometimes rude commenters: Good for you. Dig deeper ( 3 Min. Read )

VIDEO: Turing Pharmaceuticals CEO Martin Shkreli: 5,000 Percent Price Boost ‘Not Excessive at All’

Staff / Truthdig Sep 23, 2015 In case you hadn't heard, last month, Turing Pharmaceuticals CEO and former hedge fund manager Martin Shkreli got hold of the rights to parasite-zapping drug Daraprim, and then he had the bright idea to raise the price from $13.50 to $750 per pill. Now he has a big public relations problem and a self-created health care crisis on his hands. Dig deeper ( 1 Min. Read )