Ex-hedge funder buys rights to AIDS drug and raises price from $13.50 to $750 per pill

A former hedge fund manager turned pharmaceutical businessman has purchased the rights to a 62-year-old drug used for treating life-threatening parasitic infections and raised the price overnight from $13.50 per tablet to $750.

According to the New York Times, Martin Shkreli, 32, the founder and chief executive of Turing Pharmaceuticals, purchased the rights to Daraprim for $55 million on the same day that Turing announced it had raised $90 million from Shkreli and other investors in its first round of financing.

Daraprim is used for treating toxoplasmosis — an opportunistic parasitic infection that can cause serious or even life-threatening problems in babies and for people with compromised immune systems like AIDS patients and certain cancer patients — that sold for slightly over $1 a tablet several years ago.  Prices have increased as the rights to the drug have been passed from one pharmaceutical company to the next, but nothing like the almost 5,500 percent increase since Shkreli acquired it.

This is absolutely monstrous. He’s like a parody of a capitalist from a Marxist propaganda film. Jesus H. Christ what a piece of trash.

Spread his face around. Don’t let him be anonymous. Let everyone know his name and what he looks like so that he’ll never, ever be able to go about in public again without being utterly terrified.

Map of Dante’s Hell.

Dante’s Hell is structurally based on the ideas of Aristotle, but with “certain Christian symbolisms, exceptions, and misconstructions of Aristotle’s text.” Dante’s three major categories of sin, as symbolized by the three beasts that Dante encounters in Canto I, are Incontinence, Violence and Bestiality, and Fraud and Malice. Sinners punished for incontinence – the lustful, the gluttonous, the hoarders and wasters, and the wrathful and sullen – all demonstrated weakness in controlling their appetites, desires, and natural urges; according to Aristotle’s Ethics, incontinence is less condemnable than malice or bestiality, and therefore these sinners are located in four circles of Upper Hell (Circles 2-5). These sinners endure lesser torments than do those consigned to Lower Hell, located within the walls of the City of Dis, for committing acts of violence and fraud – the latter of which involves, as Dorothy L. Sayers writes, “abuse of the specifically human faculty of reason”. The deeper levels are organized into one circle for violence (Circle 7) and two circles for fraud (Circles 8 and 9). As a Christian, Dante adds Circle 1 (Limbo) to Upper Hell and Circle 6 (Heresy) to Lower Hell, making 9 Circles in total; incorporating the Vestibule of the Futile, this leads to Hell containing 10 main divisions. This “9+1=10” structure is also found within the Purgatorio and Paradiso. Lower Hell is further subdivided: Circle 7 (Violence) is divided into three rings, Circle 8 (Simple Fraud) is divided into ten bolgia, and Circle 9 (Complex Fraud) is divided into four regions. Thus, Hell contains, in total, 24 divisions.