Big Pharma Flashcards
Who raised the price of Daraprim from $13.50 to $750 per tablet in 2015?
Martin Shkreli. Former Chief Executive of Turing Pharmaceuticals. The company had just then acquired the drug, then immediately raised the price by 5000%. Daraprim was developed in the 1950s to treat toxoplasmosis, a relatively common parasitic infection. Patients with weakened immune systems—such as those with HIV/AIDS—are at increased susceptibility and the drug is in fairly widespread distribution.
Source: https://law.stanford.edu/2015/10/05/daraprim-and-drug-pricing/
Who raised the price of Isuprel 525% and the price of Nitropress 212% after their acquisition from Marathon Pharmaceuticals?
Valeant Pharmaceuticals in 2014. Isuprel and Nitropress are both used to treat heart-related ailments.
Who raised the price of Cycloserine up 2100% after its acquisition from Rodelis Therapeutics
Rodelis Therapeutics
Who acquired pain-medication Vimovo, then raised the price 597%?
Horizon Pharmaceuticals
How was the 2020 USA presidential election similar to the the 1988 Mexican general election?
The networks crashed, and the trailing politician eventually won by a large margin. The losing side claimed voter fraud due to duplicate ballots and dead voters. It was later admitted the Mexican election network crash was a fraud.
What US president gave the FDA much of the power they have today?
Franklin D. Roosevelt
What percentage of FDA-approved drugs have had problems?
One third.
Source: https://www.cnn.com/2017/05/09/health/fda-approval-drug-events-study/index.html
As of 2021, what’s the FDA budget?
$5.9 billion, $2.7 billion of which is paid for by industry fees.
Which senators sold thousands of dollars worth of stock after a closed-door meeting, just before the COVID-19 lockdowns occurred?
- Kelly Loeffler (R-Ga.)
- James Inhofe (R-Okla.)
- Dianne Feinstein (D-Calif.)
- Richard Burr (R-N.C.)
* Loeffler’s husband is the chairman of the New York Stock Exchange, sold at least $355,000 in stocks from Jan. 24-31
