http://www.theguardian.com/business/2015/sep/21/entrepreneur-defends-raise-price-daraprim-drug Entrepreneur defends decision to raise price of life-saving drug 50-fold. The price of the drug Daraprim, which treats a dangerous parasitic infection was raised from $13.50 (£8.72) per pill to $750 (484.68) per pill. Martin Shkreli at his office in New York. This is what capitalism is all about. Greed, exploitation and selfishness to make the greatest amount of money possible at the expense of all those other people who are not in a position to resist. Some people try to tell us that the class war is over. Tell that to the million and more people reliant on foodbanks, or the hundreds of thousands on zero hours contracts, or the sick waiting for medical appointments due to cuts, or the homeless who will never be able to afford a home of their own or even a rented home , or the disabled forced to into poverty, or working families having th...
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The packaging on medications increases the cost to the NHS, and generates even more profits for the pharmaceutical industry. I have just spent the last hour, filling my pill dispensing wallet. This is a task which I carry out every two weeks, usually on alternate Sunday mornings. The reason for using a pill dispenser is that I have a significant number of various pills, which are usually taken in different combinations each day. Consequently, the possibility of taking the wrong dosage or the wrong pills, is avoided. It never ceases to amaze me, that at the end of this exercise, I always have at least half a carrier bag full of discarded pill boxes, instruction leaflets and numerous empty sheets of seven empty slots of tinfoil or thin plastic or a combination of both, where the pill for that particular medication was housed. In many cases the tin foil or plastic, requires a great amount of finger and thumb pressure to eject the incumbent pill. This ...
http://www.theguardian.com/business/2014/may/18/pfizer-lay-out-final-astrazeneca-takeover-proposal Pfizer raises stakes with final AstraZeneca takeover approach Ian Read, Pfizer chief executive To quote from a Blog I posted( http://new-agenda2012.blogspot.co.uk/2014/05/pfizer-astrazeneca-and-tweet-from.html) on Thursday 15th May, I saw the "questioning" session of the Pfizer CEO and Financial director by the Commons select committee on television and conclude that their "testimony" was evasive, misleading and vague at best. It was evident to me at least, that Pfizer have no intention of honouring any commitments they make now in respect of employment or continuing operations in this country. Their track record in European take over deals is one of deception to secure the deal, followed by ruthless asset stripping and callous indifference in the dismissal of hundreds of workers in the businesses acquired. Liquidise the assets, then t...
http://www.theguardian.com/business/2014/may/16/pfizer-executives-cashed-in-shares-bid-astrazeneca Pfizer executives cashed in shares weeks before bid for AstraZeneca Ian Read, Pfizer chief executive Loretta Cangialosi Frank D'Amelio Mikael Dolsten In this Blog, under the entry, "http://new-agenda2012.blogspot.co.uk/2014/05/pfizer-astrazeneca-and-tweet-from.html", (New Agenda, 15th May 2014) I cast some doubt on the motivations and ethics of Pfizer in their dealings with the Commons select committee and their proposed takeover of AstraZeneca. Today, 17th May 2014, the Guardian publishes this story of how Pfizer Executives, Ian Read, chief executive sold $10.6m in shares on 26 February, Frank D'Amelio, chief financial officer, sold $8.9m of stock on the same day and other Pfizer executives offloading shares included Loretta Cangialosi, the firm's principal accounting officer and controller, who sold $3.1m in shares on 3...
http://www.theguardian.com/politics/2014/may/14/labour-mp-refuses-apologise-pfizer-rapists Labour MP refuses to apologise for calling Pfizer 'rapists' Austin Mitchell wrote on Twitter: 'Cameron dare not stop Pfizer because he dare not offend the US in any way. Roll up rapists.' One definition rapist is " an act of plunder, violent seizure, or abuse; despoliation ". I saw the "questioning" session of the Pfizer CEO and Financial director by the Commons select committee on television and conclude that their "testimony" was evasive, misleading and vague at best. It was evident to me at least, that Pfizer have no intention of honouring any commitments they make now in respect of employment or continuing operations in this country. Their track record in European take over deals is one of deception to secure the deal, followed by ruthless asset stripping and callous indifference in the dismissal of hundreds of workers in th...