Students at Sydney Grammar School, Australia have found a cheap way to create the active ingredient of anti-parasitic and immune system-supporting drug Daraprim.
Last year hedge-fund-manager Shkreli raised the price of Daraprim from $13.50 to $750 a dose. The schoolboys made their version for $2. You remember this is the same guy that bought Wu-Tang Clan’s only album for $2million dollars.
This was a form of price gouging by the pharmaceutical industry identified by the Clinton administration earlier in the year. The drug is an anti-malaria and HIV drug and it is commonly used by people with low immune systems like cancer patients and pregnant women. Lucky for us, medical breakthroughs are being made every day by young people like these 17 year olds from Sydney. Read more