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Martin Shkreli: “I think I could have it raised it higher"

Wed 9 Dec 2015 In: International News View at Wayback

Martin Shkreli, pharmaceutical company CEO and man despised the world over, has said he wishes he had raised the price of HIV medication by more than 5000 percent.   Turing Pharmaceuticals CEO; Martin Shkreli Turing Pharmaceuticals sparked outrage by purchasing the rights to Daraprim and raising the price for those who need it in the US from $US13.50 per pill to $US750 overnight. Shkreli told the Forbes Healthcare Summit this week: “I think I could have it raised it higher and made even more profit. “This is a capitalist society, capitalist system and capitalist rules.” He continued: “My investors expect me to maximise profits, not to minimise them, or go half, or go 70 percent, but to go to percent of the profit curve that we’re all taught in MBA class.” Daraprim has been on the market for 62 years and costs about $US1 to produce.    

Credit: Daily News staff

First published: Wednesday, 9th December 2015 - 3:38pm

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