NightSide - Capitalism or Price Gouging?
BOSTON (CBS) - How much would you pay for a lifesaving pill? Martin Shkreli, the Turing Pharmaceuticals CEO, saw how much by changing the price of the drug Daraprim from $13.50 to $750 overnight. Daraprim is a common anti-parasitic drug used to prevent malaria and fight infections like toxoplasmosis that can arise from AIDS and cancer. Shkreli lowered the price again due the backlash on social media including scorn from Hilary Clinton. Who should be pricing your medication? Should this be handled by corporations? Who should step in to fix this problem?
Guest Host - Todd Feinberg
Originally broadcast September 23rd, 2015.