D.B. of the Week - Martin Shkreli

-
Most people don't know who the hell Martin Shkreli is.

Perhaps his D.B. of the Week Award will change all that.

Shkreli is an executive at a pharmaceutical company. He made an executive decision to jack up the price of a drug that is mainly used to keep cancer and HIV-AIDS patients alive.

The pill was being sold for $13.50.

But Shkreli wanted to jack up the profits.

So the price on the pill was going to be raised.

After all, there are other drugs that are researched.

The profit margins are tight.

So did Shkreli double the price?

Nope!

Triple it?

Nope!

He decided that in order to remain competitive he was going to have to raise the price of the drug that saves lives to...

...get this...

$750!!

Per pill!

The pill costs just a bit over a dollar to produce!

That's a D.B. my friends.

Once more...

...someone tries to take the crown of D.B. of the century.

Shkreli is backing down a little bit since he originally made the announcement.

$750 a pill????

Are you freaking kidding me!

Then to top it all off it was announced that Shkreli had problems before all this.

Seemed he got into a bit of a financial bind at his last job.

I really, really, really don't want to just paint all CEO's as greedy pigs...

...but it's getting harder and harder not to do just that.

I don't like this guy.

I really don't.

Comments

Post a Comment

Popular posts from this blog

My Buddy, Dave

-
Way back in 1997, I started working with a steel erection company out of Syracuse. I was coming straight from a long stint with a steel erector here in Buffalo so I knew my stuff when it came to steel erection safety rules. On day one, I met with the safety director and he was just getting started as a safety guy, but man, he certainly cared about the guys he worked with. Dave was a good man from the start. He’d say things like: “You’re so full of beans.” Just a down to earth, hardworking guy who became a fast friend. We drove all around New York State setting up jobs. I always let Dave drive so that I could rest. One fine day, way up North of Syracuse, we passed a state trooper.  I glanced at the speedometer. “You’re screwed,” I said, and seconds later, the lights came on. Dave was beside himself.  The cop stopped by the window, grabbed the license and registration and headed back to his vehicle. “Here’s the thing,” I said. “You’re pissed, but you’re such a good guy that I be...
Read more

Mom & Ollie

-
Image
 Ollie Stadium is a mess. The heavy rains rendered the backyard a mud pit and even though we threw in the side yard, the Big O was looking for more, and we were both covered in mud. I had to take some steam out of him somehow so I suggested we go visit Grandma. Ollie hates the car, but he laid quietly as we made the trip. We even brought the football because there is plenty of room to play at Grandma’s. Mom opened the door and started laughing. I thought about the love she had for every single dog we ever had. Oliver was quick to give my Mom a kiss, and then he stood beside her. The love between Mom and Dogs is a mutual bond. Through the years, Mom would make breakfast for the dogs.  Fried eggs, toast, bacon… She would wrap Christmas gifts for them. “To Jeter, Love Santa,” she would write on the cards. They played with the big chicken that made a lot of noise. Mom tossed the football and Ollie brought it back to her. As the visit drew to a close I headed for the door.  “C...
Read more

Eyes on the Horizon

-
Image
My sister’s book is out there! Go get it!! It makes me so proud to see the book on Amazon, knowing that it’s very, very great! It’s been a long, long time since we were out in California, brainstorming my stories long before they were published. Carrie Lynn was writing, writing and writing some more through the years and I kept telling her… …”Go for it!” Well, she did!  To amazing results. Of course I was able to read the book as it was being put together, but I ordered a copy from Amazon yesterday and can’t wait to read it again. The shoe is on the other foot now as I have been sitting on a lot of my writing lately. I plan on getting it out there before the end of 2024, but for now: Carrie takes center stage! And it’s so great… …go get a copy!
Read more