Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

Catherina

(35,568 posts)
Tue Sep 22, 2015, 08:53 PM Sep 2015

Congressman Requests ‘Pharma Bro’ Who Jacked Up Price Of Life-Saving Drug Testify Under Oath [View all]

Congressman Requests ‘Pharma Bro’ Who Jacked Up Price Of Life-Saving Drug Testify Under Oath

by Judd Legum Sep 22, 2015 9:01pm



Is the “Pharma bro” coming to Congress? He will if Rep. Elijah Cummings (D-MD) gets his way.

Cummings, the Ranking Member of the House Committee On Oversight And Government Reform, has requested a hearing next week to question Martin Shkreli, the former hedge fund manager known as the “Pharma bro.”

Shkreli has attracted attention since he hiked the price of Daraprim, a drug used to treat severe infections in AIDS patients and infants, by 5000%. Shkreli is the CEO of Turing Pharmaceuticals.

In an interview, Cummings called Shkreli’s actions “criminal.”

As a member of the Democratic minority, Cummings cannot unilaterally call the hearing. But he wrote a letter to Chairman Jason Chaffetz on Tuesday, requesting a hearing be scheduled.

Cummings Letter Re: Martin Shkreli
...

http://thinkprogress.org/health/2015/09/22/3704547/congressman-requests-pharma-bro-who-jacked-up-price-of-life-saving-drug-to-testify-under-oath/
24 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Now "Pharma-Bro" is reducing the price. murielm99 Sep 2015 #1
Ah, but he hasn't said by how much he is reducing it by Fortinbras Armstrong Sep 2015 #3
I think he "reduced" the cost to twice what it was, before the giant hike Siwsan Sep 2015 #11
That's a different recent case of price jacking. yardwork Sep 2015 #24
He's my congresscritter. Stinky The Clown Sep 2015 #2
Either Cummings or Edwards swilton Sep 2015 #8
There are rumors that Cummings will stay with his seat and not run for Babs' seat Stinky The Clown Sep 2015 #16
Good! Expose this bastard for what he is. nt 7962 Sep 2015 #4
This investigation needs to come up with some way to make jwirr Sep 2015 #5
Wait...so price gouging is illegal now!? Rex Sep 2015 #6
free markets, baby ejbr Sep 2015 #10
would a republican, ANY republican, do this? remember this if your candidate is not the nominee saturnsring Sep 2015 #7
now THIS should be good Skittles Sep 2015 #9
I told you maindawg Sep 2015 #12
That $750 pill sells across the border in Canada for $1.67 (nt) Paladin Sep 2015 #19
Oh an insurer will pay it, assuming this Pharma Bro guy can find the truedelphi Sep 2015 #23
Cummings is a real congressperson, but most of his peers are just as criminal as Shkreli. nt valerief Sep 2015 #13
And at a minimum, investigate the source of the funding. forest444 Sep 2015 #14
Looks like Canada area51 Sep 2015 #15
I think things like this should be confiscated by the government. Waiting For Everyman Sep 2015 #17
Well with the GOP so concerned with other matters mountain grammy Sep 2015 #18
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^N/t truedelphi Sep 2015 #22
The Drug and Medical Association has the strongest Lobbyist in DC spending about rladdi Sep 2015 #20
DIDN't we have a "Healthcare" debate truedelphi Sep 2015 #21
Latest Discussions»General Discussion»Congressman Requests ‘Pha...