×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
10
Mar 2026
weather symbol
Athens 10°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

CEO raises AIDS drug from $13.50 per tablet to $750

Shkreli said that he hiked up the price of the pill because Turing Pharmaceuticals 'needed to turn a profit on the drug'

Newsroom September 22 05:43

The medicine, Daraprim, which has been on the market for 62 years, is the standard of care for a food-borne illness called toxoplasmosis caused by a parasite that can severely affect those with compromised immune systems.

>Related articles

ABC News: The US intercepted encrypted Iranian messages to “sleeper cells” in foreign countries (video)

How quickly will the war in Iran end? Trump and Netanyahu…“picking petals off the daisy,” while Europe risks a new recession

Turkish teen charged in failed ISIS-inspired bomb attack during NYC pro-migration protest (video)

Turing Pharmaceuticals purchased the rights to the drug last month and almost immediately raised prices from around $13.50 per tablet to $750.

Martin Shkreli, the 32-year-old CEO of Turning Pharmaceuticals, told Bloomberg that he hiked up the price of the pill because Turing Pharmaceuticals ‘needed to turn a profit on the drug’ adding that newer versions of the drug needed to be developed and his was the first company “to really focus on this product” for decades and that such research was extremely expensive.

Since the announcement, people across social media have criticized the price increase and Shkreli has become the worst person in America, as Twitter users say.

Ask me anything

Explore related questions

> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Why black socks can cause problems on an airplane

March 10, 2026

The Hellenic Initiative raises over $1 million for Greece at landmark Chicago events

March 10, 2026

ALCO poll: Dendias, Pierrakakis and Georgiadis rated the most successful ministers

March 10, 2026

Gerapetritis: Foreign Ministry’s Global Media Center to launch on April 1

March 10, 2026

Mitsotakis’ letter proposing Antetokounmpo to Metsola for the European Order of Merit: “One of the most influential personalities”

March 10, 2026

Contract signed for the upgrade of seven Canadair CL-415 aircraft – First upgraded aircraft expected in 2027

March 10, 2026

New flight cancellations to Tel Aviv, Erbil, Baghdad, Beirut, Dubai, and Riyadh from Aegean

March 10, 2026

ABC News: The US intercepted encrypted Iranian messages to “sleeper cells” in foreign countries (video)

March 10, 2026
All News

> Travel

Hydra in a day – A timeless seaside escape

Hydra sweeps away the pulse of city life and welcomes you into its effortlessly serene pace

February 18, 2026

Kimolos wins over International Media: “A hidden gem waiting to be discovered”

August 28, 2025

French Vogue discovers the exotic beauty of Skopelos

August 28, 2025

Naxos tops the list of Greek kitesurfing destinations for 2025

July 9, 2025

Holidays in Psara

June 20, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα