AIDS activists and others are asked to leave the lobby during a protest highlighting pharmaceutical drug pricing. AP Photo/Craig Ruttle, File
Martin Shkreli, the 32-year-old hedge fund and pharmaceutical industry guru who alienated large swaths of America by dramatically jacking up the price of a life-saving drug this September, was arrested by the FBI at his home in Manhattan early Thursday morning, as Bloomberg reports.
Shkreli first rose to national prominence when he raised the price of Daraprim, a drug that treats toxoplasmosis, from $13.50 to $750 overnight. The move drew condemnations from across the political spectrum, as well as the scrutiny of Congress, but after briefly suggesting he would walk back the price hike, Shkreli decided to go ahead with it. He even teased plans to acquire the rights to—and significantly raise the price of—another infectious disease treatment earlier this month. Read the rest of this entry »
Congress wouldn’t be able to reform Medicare
Alex Swoyer reports: The Healthcare Annex, according to WikiLeaks, “seeks to regulate state schemes for medicines and medical devices. It forces healthcare authorities to give big pharmaceutical companies more information about national decisions on public access to medicine, and grants corporations greater powers to challenge decisions they perceive as harmful to their interests.”
“The inclusion of the Healthcare Transparency Annex in the TPP serves no useful public interest purpose. It sets a terrible precedent for using regional trade deals to tamper with other countries’ health systems and could circumscribe the options available to developing countries seeking to introduce pharmaceutical coverage programs in the future.”
Dr. Deborah Gleeson, who gave professional review and analysis to WikiLeaks said, “The purported aim of the Annex is to facilitate ‘high-quality healthcare’ but the Annex does nothing to achieve this. It is clearly intended to cater to the interests of the pharmaceutical industry.” Gleeson added, “Nor does this do anything to promote ‘free trade.’”
“The inclusion of the Healthcare Transparency Annex in the TPP serves no useful public interest purpose. It sets a terrible precedent for using regional trade deals to tamper with other countries’ health systems and could circumscribe the options available to developing countries seeking to introduce pharmaceutical coverage programs in the future,” noted Gleeson. Read the rest of this entry »
”These are all my children, my babies.”
Most people hate cockroaches and would do just about anything to keep them out of their homes. But that is not the case for one woman.
“They are most active at night, mating and hunting for food. They mate with each other after eating. The mating process lasts for two hours, and then spawning happens. Every spawn hatches dozens of baby cockroaches.”
— Yuan Meixia
She breeds them and raises them so she can sell them to a pharmaceutical company, which uses them for medicine. She lives in separate home, but visits the breeding home everyday. She was inspired to start breeding them after she saw a program on television which talked about their potential healing properties.
”These are all my children, my babies,” she says to a Southern Metropolis News reporter on a tour of the facility in Linbian village. Yuan resides at another house in Siqian county, but visits the breeding house every day. Read the rest of this entry »