Are the Elder Gods “Old Stock” enough for ya?! Ph’nglui mglw’nafh Cthulhu Harper wgah’nagl fhtagn!
Thanks to Heather Libby and Liz Phillips for the find!
Martin Shkreli, the douchey price-gouging biotech CEO who bought a drug company and jacked its product’s price from $13.50 to $750 for each pill, may have locked down his Twitter account to keep the convo between him and what are presumably friendly fellow douchebags, but his LinkedIn profile is open to the public…and it’s quite unsurprising.
I like to think that I’m reasonably well-connected, but I’m still a little surprised that I had a 3rd-degree connection with him on LinkedIn:
Here’s his resume, which shows a rise from grunt to C-suite in 6 years. Looking at it, I’m reminded of the Dorothy Parker quote: “If you want to know what God thinks of money, just look at the people he gave it to.”
The most telling part of his LinkedIn profile is the Skills section. Although Shkreli has described himself as a “self-trained biologist”, it appears to be an attempt to portray himself as a creator of wealth rather than a mere manipulator of it, if you consider the skills for which is endorse by himself and his peers:
His drug company, Turing Pharmaceuticals, recently bought the rights to Daraprim, a drug that’s been around for over 60 years and is the standard treatment for toxoplasmosis, which affects up to half the world’s population, especially people with HIV or who are otherwise immunocompromised. His company has since changed the price of Daraprim pills, which are said to cost $1 each to manufacture, from $13.50 each to $750, making him Big Pharma’s biggest a-hole, a field in which the competition is pretty serious.
It turns out that the Daraprim fiasco is just another data point in a long pattern of pharma profiteering über alles:
And he’s not afraid to make it personal, either.
It was filed by one Timothy Pierotti, a former colleague of Shkleri’s at Retrophin turned business rival. The report is about a year-long campaign of harrassment by Shkleri, which included:
Shkreli sued Pierotti, whose lawyers filed documents saying that Shkreli sent threatening messages to Pierotti’s wife, such as letters saying “I hope to see you and your four children homeless and will do whatever I can to assure this”…
At the time of this writing, Shkreli has announced that they’ll lower the price of Daraprim:
You may also want to check out this article by Kurt Eichenwald (he wrote Microsoft’s Lost Decade for Vanity Fair back in 2012): Man Who Hiked AIDS Drug 5,000 Percent Faces Investigation for His Old Job.
Also worth checking out is TheStreet.com’s Worst CEOs in Biotech for 2014, and guess who’s on the list:
Of course I tried it. It’s not all that different from Diet Coke.
Martin Shkreli (pictured above giving the douche salute), hedge fund douche turned pharmaceutical douche, bought the company that makes the standard treatment for toxoplasmosis, a parasitical disease, and raised its price from $13.50 a pill to $750 a pill.
Alas, the ethically questionable practice of buying up the companies that make a drug that’s been used for decades and turning their products into “specialty drugs” simply through price gouging is proving to be a profitable business model for a number of douches.
Welcome to the start of another working week! As I do from time to time, I volunteered to give Anitra a lift to her work in St. Petersburg, a drive that can take up to an hour or so, depending on traffic. That way, we both win: she gets a break from commuting for a day, and for me, getting out of the home office is a nice change of scenery.
I also made breakfast for the both of us while she showered this morning — scrambled eggs with spinach and a little onion — which should net me at least 100 Husband Points. I try to keep my score high. Later tonight, we’re catching up with friends on Pass-a-Grille Beach, a stone’s throw away from where we got married just over six months ago.
Chauffeuring Anitra to work has an added benefit: it’s also the perfect excuse to hook the bike on the rack and take some time to enjoy zipping around St. Petersburg’s beautiful, uncrowded, bike-friendly streets.
I love biking around downtown St. Pete in the morning, but I end up asking the same question every time: Where is everybody?
All these photos, save the one of my car with the red bike on the rack, were taken this morning in downtown St. Pete between 8:45 and 9:00 a.m. today. You’d think the place existed in some sort of Jimmy Buffett drunken slacker time warp (which isn’t necessarily a bad thing). This is Beach Avenue, the home of a lot of shops and sidewalk cafes and bistros:
Here’s 1st Street North. At this point, I’m still the only vehicle on the road:
It’s all quiet if you look north from the corner of 1st Street North and 2nd Avenue North…
…but looking west, I see what passes for morning traffic here.
Here’s an amusing sticker I found on a parked car this morning. This is my kind of emergency planning:
And finally, my current setup at the “St. Petersbureau”:
I hope your day’s going well!