9 years ago
1
Ex-hedge funder buys rights to AIDS drug and raises price from $13.50 to $750 per pill
A former hedge fund manager turned pharmaceutical businessman has purchased the rights to a 62-year-old drug used for treating life-threatening parasitic infections and raised the price overnight from $13.50 per tablet to $750.
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This is outrageous. This is going to hurt thousands of patients who need this, and I'm guessing most of them could barely afford the $13.50 anyways.