Martin Shkreli says prison wasn't *that* bad as he charts a new crypto venture
The man known as the “Pharma Bro” and legally barred from the industry is seemingly back in the business.
Martin Shkreli, freed from prison earlier this year after serving most of a seven-year sentence for lying to investors, said he’s setting up a crypto company to make it easier to design and model compounds. In an interview with The Milk Road, a crypto newsletter, Shkreli said his idea isn’t just that would it replace expensive software, but also the computational power. The crypto element is his idea that people would be rewarded to share their computer power. “It’s a niche product for sure, but it could change the way medicine is made and help democratize this kind of fiefdom that’s the Pfizers, Mercks and Johnson & Johnson’s,” he said.
Shkreli also defended his price hike of Daraprim from $13.50 to $750 per pill. “The average cancer drug or rare disease drug in America in anywhere between $100,000 and $1 million. So I raised the price of Daraprim to something below, even though it’s a rare disease drug.” He differentiated his price rise from that of EpiPen.
“The companies that raised EpiPen’s price were Mylan and Pfizer, two really big companies. I ran a small, 100-person company in New York that we needed every dollar of revenue we can get.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘The Banshees of Inisherin’: Inside Colin Farrell, Brendan Gleeson, and Martin McDonagh’s Intense ReunionColin Farrell and Brendan Gleeson reunite for Martin McDonagh’s tense, heartbreaking ‘The Banshees of Inisherin’—and V.F. has an exclusive look behind the scenes.
Read more »
2022 Aston Martin DBX707 | UK ReviewEnough with the circuits and Mediterranean islands already - here's the crucial verdict on the DBX707.
Read more »
Used buying guide: Aston Martin DBS | AutocarFew second-hand purchases are as captivating as the Aston Martin DBS. Here's how to get that 510bhp V12 into your garage
Read more »
House of the Dragon: George RR Martin Reminds Us He's Still WritingICYMI: As HouseOfTheDragon nears its August premiere on HBO, GeorgeRRMartin offered a reminder that he's still writing TheWindsOfWinter. / GameOfThrones GOT HOTD GRRM
Read more »
Corbin Martin fails to seize empty rotation spot as Diamondbacks fall short of sweepCorbin Martin allowed nine baserunners, but allowed just one run in four innings as the D-Backs lost to the Nationals, 4-3.
Read more »
Aston Martin Just Redesigned Its Iconic Winged Logo for the First Time in Two DecadesGraphic designer Peter Saville, who created Joy Division's 'Unknown Pleasures' album cover, was brought in to make the design sleeker.
Read more »