raising the price of a drug 5000%. the drug daraprim is used to treat toxoplasmosis. after buying rights to the 62-year-old drug last month, turing pharmaceuticals raised the price from $13.50 per pill up to $750 a pill taking the total treatment cost from around $1,000 up to $63,000. daraprim costs very little to make. the price increase prompted protests and outrage online. martin shkreli was defiant in the face of criticism tweeting out lyrics of eminem and calling a journalist who questioned him a moron. in a series of interviews he said profits would pay for a new and improved version of the drug even though doctors argued the version worked just fine. he argued the price hike wasn t so bad. the companies before us were giving it away. the price per course of
late breaking news tonight with the ceo of turing pharmaceuticals 32-year-old former hedge fund manager martin shkreli announcing he is reversing course after coming under tremendous criticism for raising the price of a drug 5000%. the drug daraprim is used to treat toxoplasmosis. after buying rights to the 62-year-old drug last month, turing pharmaceuticals raised the price from $13.50 per pill up to $750 a pill taking the total treatment cost from around $1,000 up to $63,000. daraprim costs very little to make. the price increase prompted protests and outrage online. martin shkreli was defiant in