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by rndmwlk
3222 days ago
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>cut their massive marketing budget to finance more research. You think a company that sells a single drug for a rare disease has a massive marketing budget? The pharma industry (medical industry in general, really) has been completely fucked for awhile, and Valeant did much more harm to people than Shkreli but no one bothers to actually read about anything. Knee jerk reactions and following the current is much easier. |
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He grey hat hacked the pharma system in a way that exposed the vulnerabilities of a the insurance payments here in the US. He did give it at no cost to anyone that reached out to him about not being able to afford it. From everything I've read about him, I really don't think he did this with the intent to harm, rather to show how effed it really is, by orders of magnitude.
What I didn't think he expected was for every other pharma multinational to follow suite, since he basically got away with it, got pretty wealthy too.