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You're being downvoted for using an easily google-able factoid incorrectly because you're pattern matching on "high drug prices"

What happened was Martin Shekreli purchased patents for existing life-saving drugs and raised the price for them from $1.50 to $30 to cover the cost of the purchasing the patents themselves.

This is an entirely different.




How people feel about facts is much more important than the facts themselves.

The perception of the drug price increase much more than the details, along with other asshole things he did made him an easy target for outrage.

What is the cost of mass producing this new drug? How much profit should the company be allowed to make? Where's the outrage?


The company paid $14b for the research to bring this drug to market. Like all Americans — and all citizens of the world, apparently — I agree that drug prices in the US are too high, but shouldn't they be allowed to at least recoup that investment?

How can we expect companies like this to continue researching such drugs if not? Especially when, more often than not, the research leads to a dead end or failed trials, and they can't even bring the drug to market?




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