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Pharmaceuticals CEO Defends Price Gouging

Turing Pharmaceuticals bought another pharmaceutical company, proprietor of AIDS drug Daraprim, then raised the price from $13.50 to $750 per pill. Founder and CEO Martin Shkreli, who founded a hedge fund in his 20s, defends himself on CNBC.


Write-up of interview on YouTube

Links:

Drug Goes From $13.50 a Tablet to $750, Overnight Other drugs have skyrocketed in price, but not as much as Daraprim [The New York Times] Sep 20, 2015

2013 police report on Martin Shkreli