Daraprim Price Hike Got You Down? Competition to the Rescue

business_ethics_highlights_2Well, that didn’t take long. Turing Pharamaceuticals’ attempt to cash in on de facto (though not de jure) monopoly status as a provider of Daraprim has elicited competition from Imprimis, which aims to offer Daraprim users a close substitute for a dollar a pill. Turing CEO Martin Shkreli’s name will be forgotten in 5, 4, 3, … >>>

LINK: Drug with rage-inducing >5,000% price-hike now has $1/pill competitor (by Beth Mole for ArsTechnica)

Turing Pharmaceuticals, the company that last month raised the price of the decades-old drug Daraprim from $13.50 a pill to $750, now has a competitor.

Imprimis Pharmaceuticals, Inc., a specialty pharmaceutical company based in San Diego, announced today that it has made an alternative to Daraprim that costs about a buck a pill—or $99 for a 100-pill supply.

What do you think?

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One comment

  1. Pingback: Martin Shkreli, Stock Manipulation: Victimless Crimes (or Crimeless Victims?) |

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