People want to sell Martin Shkreli’s tears at an ‘inflated price’ after he’s given jail time

Shkreli
Support us and go ad-free

Martin Shkreli, otherwise known as “Pharma Bro”, was sentenced to seven years in US prison for defrauding investors on 9 March. He cried in the courtroom prior to the sentencing.

It’s, however, the 5,000% price increase he placed on the life-saving drug Daraprim that Shkreli is most infamous for. So, after the sentencing, social media users suggested selling his tears at an “artificially inflated price”.

Tears for sale

A New York court handed down the sentence with credit for six months already served. Shkreli broke down in tears before the judgement, admitting to “disgraceful and shameful actions”. So writer and actor Kumail Nanjiani joked about putting Shkreli’s tears to use:

Read on...

Support us and go ad-free

This set off an onslaught of responses on Twitter. Nanjiani’s tweet attracted over 50,000 likes and thousands of comments. Most of the comments were in line with his sentiment:

Unsatisfied

Some people, however, were angry that Shkreli’s conviction was for defrauding investors rather than the exploitation of sick and vulnerable people. Shkreli dramatically hiked the price of Daraprim in the summer of 2015. It is used to treat toxoplasmosis in Aids and cancer patients. The rise meant that a years’ worth of treatment for toxoplasmosis shot up to as much as $634,500.

https://twitter.com/usblm/status/972248636607385605

There is also a $7.4m judgement against Shkreli and he may now have to give up his Wu-Tang Clan album to help pay it. This is a one-off copy of the album Once Upon a Time in Shaolin, in a silver-and-nickel case. But that’s a small and superficial price to pay in comparison to the exorbitant sums many people paid for Daraprim.

This kind of “drug-price-gouging” is still common practice. And despite this sentencing for Shkreli, Daraprim (which once cost $13.50) still costs $750 a pill for most people.

Get Involved!

– Join The Canary, so we can keep holding the powerful to account.

– Read and support other independent media outlets:

Media DiversifiedNovara MediaCorporate WatchRed PepperNew InternationalistCommon SpaceMedia LensBella CaledoniaVox PoliticalEvolve PoliticsReal MediaReel NewsSTRIKE! magazineThe Bristol CableThe MeteorThe SkwawkboxSalford StarThe Ferret.

Featured image via House Committee on Oversight and Government Reform/Wikimedia

Support us and go ad-free

We need your help to keep speaking the truth

Every story that you have come to us with; each injustice you have asked us to investigate; every campaign we have fought; each of your unheard voices we amplified; we do this for you. We are making a difference on your behalf.

Our fight is your fight. You’ve supported our collective struggle every time you gave us a like; and every time you shared our work across social media. Now we need you to support us with a monthly donation.

We have published nearly 2,000 articles and over 50 films in 2021. And we want to do this and more in 2022 but we don’t have enough money to go on at this pace. So, if you value our work and want us to continue then please join us and be part of The Canary family.

In return, you get:

* Advert free reading experience
* Quarterly group video call with the Editor-in-Chief
* Behind the scenes monthly e-newsletter
* 20% discount in our shop

Almost all of our spending goes to the people who make The Canary’s content. So your contribution directly supports our writers and enables us to continue to do what we do: speaking truth, powered by you. We have weathered many attempts to shut us down and silence our vital opposition to an increasingly fascist government and right-wing mainstream media.

With your help we can continue:

* Holding political and state power to account
* Advocating for the people the system marginalises
* Being a media outlet that upholds the highest standards
* Campaigning on the issues others won’t
* Putting your lives central to everything we do

We are a drop of truth in an ocean of deceit. But we can’t do this without your support. So please, can you help us continue the fight?

The Canary Support us

Comments are closed