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Martin Shkreli

Patient groups abound in formulary debate, but who funds them?

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Legislation introduced this Session – HB 95 and SB 182 – seeks to change the current drug formulary system utilized by health insurers and pharmacy benefit managers. Both bills have received significant support from “patient advocacy groups” during the course of the debate. But who are these so-called patient groups, and how are they funded? Well, a recent New England Journal of Medicine paper titled, “Conflicts of Interest for Patient-Advocacy Organizations,” which has been widely reported on, including in a…

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Martin Dyckman: EpiPen debacle demonstrates need for price controls

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“Your money or your life,” a laugh line for the great comedian Jack Benny, must be the business model of the American pharmaceutical industry. It’s time for a serious national discussion on establishing price controls over Big Pharma. The latest provocation is the staggering increase in the price of the EpiPen, a necessity for people with life-threatening food and bee-sting allergies. The two-dose pack that cost about $100 in 2007 is priced at around $600 now. A different company sells…

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Today on Context Florida: John Roberts, educational uniformity, Martin Shkreli’s mother, civil forfeiture and voter enthusiasm

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Today on Context Florida: Martin Dyckman says U.S. Supreme Court Chief Justice John Roberts has hurt minorities, consumers, and democracy. His reputation as a harsh critic of the Voting Rights Act and an advocate for corporations preceded Roberts to his confirmation hearing before the Senate Judiciary Committee in September 2005. As chief justice, he said, he would be like a baseball umpire impartially calling balls and strikes. “Umpires don’t make the rules. They apply them,” he testified. ” … I come…

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Today on Context Florida: Martin Shkreli, political inaction and buttering up in Martin County

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Today on Context Florida: Martin Dyckman talks about Martin Shkreli, the former hedge fund manager who bought the sole source of the lifesaving drug Daraprim and raised its price from $18 to $750 per pill. His message to people with weakened immune systems suffering from the parasitic disease toxomoplasis was the same as the old Jack Benny joke: “Your money or your life.” In this instance, though, it was no joke. The welfare system is crashing, healthcare is broken; politicians are…

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