Martin Shkreli on Making Forbes 30 Under 30, Raising Drug Price from $1.50 to $30 Per Pill (Part 6)

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djvlad

7 күн бұрын

Watch the full interview now as a VladTV KZbin Member - kzbin.infojoin
Part 7: kzbin.info/www/bejne/fquaY59uot2tmNU
Part 5: kzbin.info/www/bejne/n3uVlpiwYt6Ah7c
Part 1: kzbin.info/www/bejne/pqbRZo2uh62Ub7c
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F-ormer pharmaceutical executive Martin Shkreli discusses his inclusion in Forbes' 30 Under 30 list and the subsequent controversy surrounding his decision to raise the price of a critical drug. Recognized by Forbes in a much smaller cohort of 30 individuals, Shkreli reflects on the significance of the list and criticizes Forbes for later expanding the list to 600 people per field. He also dismisses the publication, predicting its eventual bankruptcy.
In 2014, Shkreli secured $4 million in Series A funding, acquiring the rights to a life-saving drug for a rare kidney stone disease. The drug's price was sharply increased from $1.50 to $30 per pill under Shkreli's leadership. He defends the hike, stating the previous price didn’t reflect the drug's critical value and noting that the number of patients using the drug doubled despite the increased cost. Shkreli argues that high prices are necessary to sustain the development of life-saving drugs, relying on insurance rather than out-of-pocket payments to cover costs. This controversial approach, he insists, ensures the availability and continuation of essential treatments.

Пікірлер: 499
@oumarfofana8229
@oumarfofana8229 7 күн бұрын
1:28 I think he just realized Vlad is the actual feds
@podfather6448
@podfather6448 7 күн бұрын
I think he was simply remembering the time Vlad was talking about. This is also not to say Officer Glad isn’t with the Feds. Two things can be true.
@StinkMello12
@StinkMello12 7 күн бұрын
Good fxckin catch 😂😂😂😂.....His mind was churning like a MFer when Vlad asked him that FED ass question with such precision (as if he's heard that type of wording/line of questioning before). Dude is sharp.
@Hopeyourewelll
@Hopeyourewelll 7 күн бұрын
😂😆😂
@Danny-sd5vm
@Danny-sd5vm 6 күн бұрын
This comment and the reply from Godfather are absolutely hilarious.
@hundo8938
@hundo8938 6 күн бұрын
😂😂😂😂😂
@iamthatguy1169
@iamthatguy1169 7 күн бұрын
10 or 15 pills a day??? Thats $300 to $450.. Yes expensive as hell, but I'm not gonna take that many pills a day. Sorry, just finish me behind the woodshed
@tenslider6722
@tenslider6722 7 күн бұрын
lol
@tombondcrispy6585
@tombondcrispy6585 7 күн бұрын
Murica #1 baby
@goof260
@goof260 4 күн бұрын
behind the woodshed is a good place because its brushy and away from the neighbors so the shot will be muffled...
@muhammedalbooboo9222
@muhammedalbooboo9222 18 сағат бұрын
you wouldn’t be saying that unless you actually had kidney stones buddy, and you obviously never had them either. pissing razor blades is what they say
@mikemccool7575
@mikemccool7575 7 күн бұрын
The people in the comments defending this twisted logic are reason snakes like this can get away with this stuff- all in the name of business. We’ve become so obsessed with wealth and hustle we’ve become morally blind
@Monsterdamage12
@Monsterdamage12 6 күн бұрын
The old price couldn't sustain the production of the drug. Higher costing drug is better than no drug, how is that hard to understand
@c.lizzy.043
@c.lizzy.043 5 күн бұрын
I hear u bro, but we live in a capitalistic society 😢.. We could say the same about insurance companies and a lot of designer companies that charge outlandish prices.
@chasedinero229
@chasedinero229 5 күн бұрын
As long as money exist , the world will always have people with twisted logic
@Denbih
@Denbih 5 күн бұрын
​@@c.lizzy.043 well, you don't need a gucci bag to survive. I hope you won't need those pills anytimes in life.
@SunniMerlot
@SunniMerlot 3 күн бұрын
Tell that to the person who made the phone your using that did the same thing
@Boutit031
@Boutit031 7 күн бұрын
Forbes is a joke of a publication.
@Easymoneysniper5
@Easymoneysniper5 7 күн бұрын
All ima say is kidney stone is the worst pain I’ve ever dealt in my life.
@sharmarizle21
@sharmarizle21 7 күн бұрын
Facts. Worst..
@greg712johnson7
@greg712johnson7 7 күн бұрын
For real
@cozyslor
@cozyslor 7 күн бұрын
Have you ever been married?
@isaidwhatisaid5369
@isaidwhatisaid5369 7 күн бұрын
​@@cozyslor LMAO!!!!!
@NiceShot-wt4gs
@NiceShot-wt4gs 7 күн бұрын
I had bout of it. Know what? It's when I quit drinking Coca Cola.
@SBoy-ks6wt
@SBoy-ks6wt 7 күн бұрын
His pill explanation is bs. Pretty sure people paying $30 a pill wouldn’t be “ecstatic”.
@zoehenfen6154
@zoehenfen6154 7 күн бұрын
How much you think they pay for the Cancer drugs man get out of here man
@user-lu6yg3vk9z
@user-lu6yg3vk9z 7 күн бұрын
Well the other option not having the pill at all?
@tylerbishop5839
@tylerbishop5839 6 күн бұрын
@@user-lu6yg3vk9zthey aren’t taking any if they are 30 a pill with taking 10-15 a day
@THEsoulquarian
@THEsoulquarian 6 күн бұрын
@@user-lu6yg3vk9zThat happens quite frequently & folks suffer
@pj8467
@pj8467 6 күн бұрын
@@user-lu6yg3vk9z There's a middle ground. Could've been $15-$20
@everdin5713
@everdin5713 7 күн бұрын
When’s the wu tang video coming 😅
@babe1er
@babe1er 5 күн бұрын
Already happened
@ericksvhs
@ericksvhs 7 күн бұрын
I understand the business side but I think certain things should be off limits when it comes to making as much money as possible. Health care and prescription medicine should not be administered like a business. The thing he is missing is that not everyone can afford health insurance
@shottakush8404
@shottakush8404 7 күн бұрын
I believe his company implemented some type of program that if you didn’t have insurance, you got a discounted rate. I think I remember him using this as his defense when it came to the HIV medication.
@FoodStampzzzz
@FoodStampzzzz 7 күн бұрын
You missed his point.... The Drug was NOT being made at all at one point... and his Company decided to Make it as long as it was very Lucrative for themselves to do so... Meaning he Saved/Helped Suffering people who at one point didn't even have a Drug to even say they Could or Couldn't afford it...
@youngthieff
@youngthieff 7 күн бұрын
And that’s what Medicaid is for… stop blaming the companies and blame the government assistance that doesn’t cover shit. If the companies can’t be profitable why would they waste their money making these drugs.
@Thunderbolt210
@Thunderbolt210 7 күн бұрын
@@FoodStampzzzzthis is a lie, this isn’t the pill people are upset about this man bought the rights to an aids drug that sold for 13 dollars and the sold it for 750 a pill. This isn’t why he was criticized, it’s also really weird to be on the internet defending billionaires, they would let you die if it meant another million in thier pockets. That’s why he got banned from his company by the FTC and had to pay back the people who over paid for the drug The company got sued and was forced to list the drug at affordable prices, stop getting your education from VLAD, and a literal FELON who did 7 years in jail for fraud, and defrauding people. You chose to believe him 😂😂😂.
@deez994
@deez994 7 күн бұрын
you know nothing then..
@zncuentertainment712
@zncuentertainment712 7 күн бұрын
Basically he raised the drug price to around 80 grand per year for patients and then rainbows appeared, world hunger ended, no one ever had to pay anything out of pocket, world peace temporarily occured, certainly there was no negative impact to anyone taking the drug......
@goodfty
@goodfty 4 күн бұрын
I'm not sure if he mentions it in the interview, but he was also paying research and development on these drugs, so he had to pay people salaries to help develop a newer drug hopefully with less side effects. Stuff like this, as the drug was ancient at that point. Also you're very "funny" not.
@DR-qd7go
@DR-qd7go 2 күн бұрын
@@goodftyHe got hemmed up for misrepresenting client returns in his investment firm aka lying. You can defend him all you want, but this dude would finesse you just as well 😂
@allanthomas6097
@allanthomas6097 Күн бұрын
​@goodfty you are very gullible
@allanthomas6097
@allanthomas6097 Күн бұрын
​@goodfty lol you can't be that thick. Lawers and office workers
@edwin0404
@edwin0404 15 сағат бұрын
@@goodfty😂😂😂
@ameenhudson4372
@ameenhudson4372 6 күн бұрын
Understand that he said the reason he raised the price was NOT because they needed $30 a pill to keep mass-producing it but simply because he thought a drug that was saving people’s life shouldn’t be so cheap - esp in contrast to other companies making something similar and selling it for a higher rate. This is greed/avarice in full display. You could have made enough to profit AND mass-produce the drug without raising the price TWENTY times the original rate per pill! Also, the thought that it shouldn’t be so cheap was not based on any objective data besides his own thoughts and opinion about it. He can dress it up and make it sound like he was doing something noble but he wasn’t. This is exactly what is wrong with pharmaceutical companies.
@justlurkin
@justlurkin 6 күн бұрын
yes because every other business, even the ones making products that kill us should be allowed to maximize profits, only the people that decide to make drugs and save lives shouldn't be able to. How about no one works or invests in evil pharma and we can all work in other businesses that maximizes their profits selling poison and we can all die in our 20s
@awarenessrevolutionpodcast2220
@awarenessrevolutionpodcast2220 6 күн бұрын
It’s actually govt that’s the problem. If the barrier to entry was lower, and the free market could be allowed, entrepreneurs would compete and bring the prices down
@rotatopoti
@rotatopoti 4 күн бұрын
Yeh. I heard what he said and thought. I'm sure there is another way to tell this story.
@illuzeweb
@illuzeweb 6 күн бұрын
He got buried because he was charging the GOVERNMENT a high amount for the drug he offered but if you couldn't afford it he charged much less. He said his drug markup to the govt was much less for things such as cancer. Since he didn't flip for the govt they slandered him
@randybowens-CoOlFrFr......
@randybowens-CoOlFrFr...... 7 күн бұрын
Vlad.... keep em coming this noting but great knowledge.... Salute 💯
@Eazykeepitreal
@Eazykeepitreal 7 күн бұрын
He seems like a sleeve ball to me I understand his logic but he’s about the $
@rickymckinnon5393
@rickymckinnon5393 7 күн бұрын
That's what it is supposed to be about.
@user-lu6yg3vk9z
@user-lu6yg3vk9z 7 күн бұрын
? Why would do all that work for nothing?
@masterphene23
@masterphene23 6 күн бұрын
@@rickymckinnon5393you’re stupid and lost
@Kobe-jz2zz
@Kobe-jz2zz 6 күн бұрын
Do you work for free ?
@Eazykeepitreal
@Eazykeepitreal 6 күн бұрын
No I’m saying instead of doing it for a humanitarian purpose he does it just for the dollar he could care less about the person he’s helping as too why I said I understand his logic
@shinoff-tw4eq
@shinoff-tw4eq 7 күн бұрын
Even if insurance conpanies cover most of it, thats still fucking us down the line somewhere.
@isaiahweime9567
@isaiahweime9567 7 күн бұрын
Also martin needs to write books with all this knowledge of the drug industry, and finance , and his life in general. I think would be a best seller, what do I know.
@AaronSpencer-fq4pr
@AaronSpencer-fq4pr Күн бұрын
Half the people in the comments are like damn “I hated this guy because everyone else said to I’m a sheep and a dumbass who listens to whatever I’m told “ 😂
@JH-cs5nr
@JH-cs5nr 7 күн бұрын
“Ecstatic” 🤣
@jesusbarajas4840
@jesusbarajas4840 6 күн бұрын
Right 😅
@isaiahweime9567
@isaiahweime9567 7 күн бұрын
Vlad said no one has ever gotten the full story, hes full of shit Martin has been telling this story for years and years, hes like the last to get it
@Teamshmo
@Teamshmo 6 күн бұрын
This is a very interesting interview. You can see exactly why US health care is so much. The drug companies know they are just gonna roast the insurance and most people aren't even gonna see the price
@awarenessrevolutionpodcast2220
@awarenessrevolutionpodcast2220 6 күн бұрын
Yea, but the solution is to get rid of govt, instance, etc. it’s all a big scam. Healthcare should be so cheaper everyone can afford it but instead they run this scam
@gasfeesofficial3557
@gasfeesofficial3557 7 күн бұрын
this argument doesn't make much sense - just because it saves lives doesn't mean it should cost more. Corporate greed at its best.
@user-ye3iq1om8y
@user-ye3iq1om8y 7 күн бұрын
if it cost $1,50, no company will bother to make it
@sladderemil5720
@sladderemil5720 7 күн бұрын
That's how the world works, without it there wouldnt be any at all
@akd136
@akd136 6 күн бұрын
Are you or any of your family members taking any prescription drug to give them a better quality of life..ANY.. if yes. Go see how much it actually costs to buy it. No shade. But let's start the convo based on facts
@justinj8492
@justinj8492 6 күн бұрын
​@@sladderemil5720 ​@user-ye3iq1om8y Your logic is dumb. If they're selling it for a $1.50 then it probably costs. 0.10 cent or 0.5 cent to actually produce each pill, so they're already making over 1300% profit 📈. He wanted 30,000% profit.This guy's just a sleeze ball and just wanted more profit. This is what causes inflation! Greed
@lobsanggyaltsen7191
@lobsanggyaltsen7191 7 күн бұрын
Drop the damn album 😂
@zo62
@zo62 6 күн бұрын
This is why this country sucks. You right their. He talks how he is fucking people over but your dumbass cares about a glorified mixtape
@kimberlyjones4534
@kimberlyjones4534 7 күн бұрын
Martin is so smart. Thanks vlad for this enlightening interview, I hope we get to see more interviews on investments. I’m favored financially with Bitcoin ETFs approval, Thank you buddy. $12,000 monthly profit regardless of how bad it gets on the economy.
@jamesadams9328
@jamesadams9328 7 күн бұрын
Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio made from my investments with my personal financial advisor 1 totally agree with you
@michaelknox9234
@michaelknox9234 7 күн бұрын
YES!!! That's exactly her name ( Audrey lauren) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia 🇦🇺
@sarahjonh6179
@sarahjonh6179 7 күн бұрын
I’m a long term investor, I withdrew my profits of over $61,000 during the COVID 19 pandemic ….
@RatheeshReddig
@RatheeshReddig 7 күн бұрын
She is my family’ personal Broker and also a personal Broker to many families in the United States, she is a licensed broker and a FINRA AGENT in the United States…
@RatheeshReddig
@RatheeshReddig 7 күн бұрын
Great work Vlad❤
@Destroyer-Grizzly-BIH
@Destroyer-Grizzly-BIH 7 күн бұрын
We have 760 Zonda one-offs to put deposits on.
@bigganger9343
@bigganger9343 7 күн бұрын
This guys the real devil
@roberthorry621
@roberthorry621 6 күн бұрын
no hes just a genius business man, he does no evil
@javiervega1065
@javiervega1065 5 күн бұрын
He punked ghostface
@avonfettydale9166
@avonfettydale9166 5 күн бұрын
@@roberthorry621 greed is evil
@ericomeara8859
@ericomeara8859 7 күн бұрын
Props to Vlad for how brilliantly he steered this segment of the interview. Top notch journalism
@illuzeweb
@illuzeweb 6 күн бұрын
Why was it top notch he was as transparent years ago when discussing the other drugs he made years ago on The Breakfast Club
@FoodStampzzzz
@FoodStampzzzz 7 күн бұрын
Most people are missing his point.... You missed his point.... The Drug was NOT being made at all at one point... and his Company decided to Make it as long as it was very Lucrative for themselves to do so... Meaning he Saved/Helped Suffering people who at one point didn't even have a Drug to even say the Could or Couldn't afford it...
@DJPeekz
@DJPeekz 7 күн бұрын
And you're missing the point that his motive was profit and nothing else
@derekallen5695
@derekallen5695 7 күн бұрын
Who cares what his motive is? In the end the people got the drugs they needed.
@steffd3510
@steffd3510 7 күн бұрын
@@DJPeekz That is what happens in capitalism, sorry to break it to you but all of our life saving drugs and therapies are made with the incentive for companies to profit, stick to chinese herbs if you have a problem
@blouie2677
@blouie2677 7 күн бұрын
lol bro I’m not judging the dude bc drug dealers basically do the same thing…but relax he saw an opportunity to benefit & get rich off ppl who were in a fucked up situation
@davruck1
@davruck1 7 күн бұрын
He could’ve given it away.
@cjcunningham3820
@cjcunningham3820 7 күн бұрын
I was getting this giy mixed up with NEVIN SHAPIRO. VLAD GO FIND AND INTERVIEW NEVIN SHAPIRO!
@bckelley90
@bckelley90 3 күн бұрын
R&D costs, manufacturing costs and marketing costs should determine the cost of medicines. His company didn’t do the R&D and manufacturing costs are low for this drug. How much you can pressure insurance companies to pay shouldn’t determine price. That leads to higher premiums for everyone else. This type of unethical business practices have been a major contributor to our horrible healthcare system.
@cozyslor
@cozyslor 7 күн бұрын
You can do R&D (and then distribution) through the US Government or Private. Historically, the US Gov't has been a horrible allocator of funds for just about anything. Red tape and waste. Private sector is where the innovation lies (mostly). Incentives must be in place for the Private sector. There is no "correct" answer, just one that is clearly worse than the other. He said they did $40MM on the one drug. Spread that out amongst the insurance carriers and/or gov't funding to try and save 2000 lives. $40MM is a drop in the bucket for the industry and this country.
@jcrocker2434
@jcrocker2434 5 күн бұрын
Man out of all the people dying, he couldn't be one of em?
@tayeeddings7501
@tayeeddings7501 7 күн бұрын
You can tell by how he dress this dude rich🤑
@NicholasPalance
@NicholasPalance 7 күн бұрын
I don't know what Mark Cuban did to Martin but he never misses an opportunity to knock him lol
@s.a.n.6967
@s.a.n.6967 7 күн бұрын
I remember Cuban tried to make a company selling generic drugs for cheap because they were expecting to sell large volumes and trying to pretend to be a good guy for that. Martin said it was not gonna work and that it was a bad business model - it didn't work, he was right. Can't remember the specifics but that should be the idea.
@roaringsun4743
@roaringsun4743 7 күн бұрын
Interesting argument here. I understand the justification for raising the price, especially if it mostly affects the insurance companies. The bigger issue is that development of many pharmaceuticals is financed by the government and therefore tax paying citizens have already purchased the drug, so to speak. I guess the bigger question is why is there a for-profit pharmaceutical industry in America at all?
@user-dx8ir8xn1q
@user-dx8ir8xn1q 7 күн бұрын
He made a fortune on it. 😂😂😂😂
@solarciti5105
@solarciti5105 7 күн бұрын
This Guy is smart been liking him years ago happy to here is story
@WESTERNBOUNDTV
@WESTERNBOUNDTV 7 күн бұрын
you have no soul
@randomshit65
@randomshit65 7 күн бұрын
@@WESTERNBOUNDTVyou have no brain, be better. It’s not that complicated to grasp, on top 9f the fact he has stated more than once, if there’s any person that can’t afford it he would happily supply it to them. Grow up
@justinj8492
@justinj8492 6 күн бұрын
People like this guy are the reason we have inflation and high medical bills. Tru to life sleeze ball pos.
@AJBello-up2zc
@AJBello-up2zc 7 күн бұрын
Isn't everyone about the moneythis days including politicians so the government needed a scapegoats
@muchkasolo8915
@muchkasolo8915 7 күн бұрын
"YES!!!!"
@dskinner8757
@dskinner8757 5 күн бұрын
That shirt collar looks like a fruit roll up 😂
@Scousestar
@Scousestar 7 күн бұрын
So the more desperate you are for help the more they charge you
@MasterPrestiege
@MasterPrestiege 3 күн бұрын
Everybody mad at him when they should be mad at the government for not making it
@kesodabul
@kesodabul 3 күн бұрын
2:24 this might be the reason why them people came.. that price was so high
@ronblack7870
@ronblack7870 4 күн бұрын
the real problem is he says the texas company was selling 40 million/ yr but that was a money loser? when the cost of production was likely 10% of that at most. so instead they were making other drugs that they made more money on? so those other drugs are overpriced. it's the entire industry . eisenhower should have warned of the drug industrial complex not the military industrial complex.
@CutThroatCody
@CutThroatCody 7 күн бұрын
This dude carries himself like he hasn’t had his ass handed to him before
@user-ye3iq1om8y
@user-ye3iq1om8y 7 күн бұрын
there ain’t a lot of ”throwing fists” at company board meetings
@javiervega1065
@javiervega1065 5 күн бұрын
He punked ghostface... I doubt he can't handle himself
@coachhbosoccer
@coachhbosoccer 7 күн бұрын
when we ask if healthcare is a privlege or a right, we have to take a look at this. If you genuinely are offering a public service, you dont need to raise the price that much for research. It bout business and the bottom line. The American way
@normp3273
@normp3273 6 күн бұрын
Capitalist country!
@Dramattic1
@Dramattic1 7 күн бұрын
He reminds me of the guy in the movie Superbad that hit dude with his car Lolol
@hoodsims9965
@hoodsims9965 7 күн бұрын
yes lmao
@ant2148
@ant2148 7 күн бұрын
😭😭😭😭😭😭😭😭
@Piqueblinders11
@Piqueblinders11 7 күн бұрын
Joe Truglio
@mauricewilliams712
@mauricewilliams712 7 күн бұрын
He does 😂
@pdigi3179
@pdigi3179 7 күн бұрын
So…do you guys got MySpace lol
@tonightimsingle
@tonightimsingle 7 күн бұрын
Vivek coming out of his mouth kinda sounds problematic 😂
@WillieMcDuffle
@WillieMcDuffle 5 күн бұрын
When you commodify health , what do you expect…
@zachosborne6577
@zachosborne6577 6 күн бұрын
I had a kidney stone once and thought I was dying from a ruptured appendix or something. They had to shoot me up with morphine.
@King_Athelstan
@King_Athelstan 4 күн бұрын
Sorry about that. Do you believe that if that happened multiple times a year and the drug was out of the market, any person who brought it back (for a profit), would be the good guy in this scenario?
@TheChicagoJunkie
@TheChicagoJunkie 5 күн бұрын
No, I see this same logic with profiteers in other industries. People with insane incentive to do shitty, immoral things justify their shittiness in other ways.
@rdzfreshxx809
@rdzfreshxx809 7 күн бұрын
Guys smart
@Mic_Flex
@Mic_Flex 5 күн бұрын
Nah he’s twisted…. He said a drug that can save your life should cost more ? 😢 wow, just give me 10 of his bad days of making 2million a day and we can call it …. Cold blooded
@Greg-fy5vl
@Greg-fy5vl 2 күн бұрын
Amazing how ignorant people are of economics and the fact that this man is absolutely right and he in fact DID create access to medication by raising the prices.
@jaesall3519
@jaesall3519 7 күн бұрын
Behind most Fortunes there's a even greater crime.
@Blackjesus3
@Blackjesus3 7 күн бұрын
Of course look at the Saudis
@junkyarddog7003
@junkyarddog7003 7 күн бұрын
This guy making the case with a straight face for raising the price of a drug from a $1 to $80 is hilarious.😂
@Isweartolucifer
@Isweartolucifer 7 күн бұрын
*He ain't the only one in big pharma doing this*
@williamonchari5592
@williamonchari5592 6 күн бұрын
You clearly weren’t listening
@Kobe-jz2zz
@Kobe-jz2zz 6 күн бұрын
It's been 8 years and niggas still don't get what he did Hes explained it so many times
@brob8204
@brob8204 6 күн бұрын
@@Kobe-jz2zz we get it. He's the type that thinks he's taking from some "faceless conglomerate," the type of kid that said stuff like "I would never steal from my friends.." Well, that still leaves the door open, Martin..
@shadowgod7523
@shadowgod7523 7 күн бұрын
Its legal but unethical
@deez994
@deez994 7 күн бұрын
not unethical kid
@zoehenfen6154
@zoehenfen6154 7 күн бұрын
Unethical no one cares about that man it's about money bro you think you have a good heart is going to be good enough in the world now get out of here you got to be cruel out here man people been doing this since the beginning of man
@Malama_Ki
@Malama_Ki 2 күн бұрын
This guy won’t stand a chance in the purge….
@Buzz_Kill71
@Buzz_Kill71 7 күн бұрын
Gym, Tan, Laundry (GTL) ASAP for this guy.
@Residual_gaming
@Residual_gaming 7 күн бұрын
People saying its unethical literally doesn't understand economics. Its probably unethical to raise price 100x but at some point the price has to be raised so the company can raise money and so they can still produce the drug, and so they can expand and make new drugs for different illnesses.
@Residual_gaming
@Residual_gaming 7 күн бұрын
And let's be honest the real problem is not the price of drugs, but people lifestyles lack preventive measures. We need to live and eat better. Medicine is not a cure only a suppressant.
@davruck1
@davruck1 7 күн бұрын
@@Residual_gaminghow can you do that when you’re being worked to death?
@Residual_gaming
@Residual_gaming 7 күн бұрын
@@davruck1 eat right, gym, and mental fortitude
@davruck1
@davruck1 7 күн бұрын
@@Residual_gaming thanks for confirming you’re an NPC
@MmhmM-bi5gm
@MmhmM-bi5gm 7 күн бұрын
You're a moron, Universities and tax payers flip the bill and big companies come in and buy up the patents for the drugs
@jarretkarlson611
@jarretkarlson611 6 күн бұрын
basically he's say creating a monopoly is ok. he's acting like he's doing a great service for humanity, meanwhile is profiting greatly. this is what's going with inflation, it's like capitialism is in a hyper form where it's cannibalizing itself. rent, property taxes, health insurance, electronic components, damn near everything is out of control-there should be ethic laws that cut down these predatory practices.
@esils
@esils 6 күн бұрын
So he uses the logic of a different drug…peacan…to justify raising the price of another…..🤦🏾‍♂️ 5:35 ….did he at least make more of the drug for the 2k people after the price hike?🤷🏾‍♂️ that part wasn’t clear
@killerjoe7596
@killerjoe7596 7 күн бұрын
Man, this guy is reduced to doing paid interviews for Vlad?
@napiermail3592
@napiermail3592 7 күн бұрын
I knew dip wasnt real but i copped anyways
@Joesbigbro78
@Joesbigbro78 7 күн бұрын
Ok im glad vlad did this…that American greed episode had dude looking like the worst person 😂
@BeatsByFuller
@BeatsByFuller 7 күн бұрын
I’m trying to sit through this and give him a honest chance but he’s making it hard with every sentence. We all want to make money and price increases aren’t that bad but he’s increasing the prices like crazy. And then he tries to sugar coat the crap he’s trying to feed you. Smh.
@Streetpharmasist420
@Streetpharmasist420 7 күн бұрын
Agreed, but from what I heard when all this broke out, and is not in this interview. He charged the insurance company the hundreds of dollars and not the individual themselves. They paid somewhere around 10 or so bucks for a prescription. Also he had a program from what I heard that if you couldn't afford the drug at all, and you could prove you have no insurance, and your financial well-being wasn't up to par. He would give it to you for free, all you had to do was pay shipping. He didn't care to much for the insurance companies, and would call them out in the past as thieves. So he basically did the same thing back to them. Not sure why that question wasn't asked by Vlad just yet, or maybe he warming up to some sort of follow up question leading to that.
@AI-Hallucination
@AI-Hallucination 6 күн бұрын
0:25 😂😂😂😂
@user-xt9pm4uu2c
@user-xt9pm4uu2c 5 күн бұрын
"I want you to have the incentive to become a billionaire because you're helping my kids" or something like that....psychopath lmao
@ThALoveMovement
@ThALoveMovement 6 күн бұрын
He’s got Bill “drug the world” tendencies. It’s always these odd ish, never got women in school, revenge of the nerds types. They worship money bc it make them feel valid in their own skin. If he had no money, he’d have to depend on his looks and personality alone. He’d be a “non-factor”.
@rickomba
@rickomba 5 күн бұрын
This type of greed will be the end of the american empire. By the time ppl come around to realizing it will be too late
@King_Athelstan
@King_Athelstan 4 күн бұрын
What do you think is of more value to those patients? Your do-nothing moral indignation or his efforts to bring the drug back on the market?
@gtubgle
@gtubgle 5 күн бұрын
Well, it kinda makes sense. Honestly, I thought this dude was a jerk. He's not bro, he moves fast with ideas, and nerdy, but that's it. Not bsn around.
@JohnSmith-xq6cv
@JohnSmith-xq6cv 5 күн бұрын
I love Martin
@MrSLIMHOGG
@MrSLIMHOGG 7 күн бұрын
Media spin screwed this dude
@YouTube_stole_my_handle
@YouTube_stole_my_handle 7 күн бұрын
And even if he was the bad guy, his presence puts a light on what is wrong with our pharmaceutical industry. People hate when they can attach a name to evil, but let anonymous companies exploit us daily.
@jodyjohnstein
@jodyjohnstein 4 күн бұрын
The amount of people that have. No idea what they are talking about is staggering. This dude is so far from the real issue. How this guy became the bad guy is insane. The sackler family doesn't get as much shit ad this guy and they did WAY worse shit.
@philly440
@philly440 2 күн бұрын
Dumb as hell see this is how you know rich people dont know anything aboht how things really work… the drug can be covered by your insurance and you have a 20% coinsurance that has to be paid before the policy picks up the other 80% you can also have benefits limit amounts for instance for prescription limit $2000 max per year and after that the cost is all on you
@codioautosalesinc6158
@codioautosalesinc6158 7 күн бұрын
Sleezeball it’s called being inhumane by raising the price from 1.00 to 30.00
@user54445
@user54445 7 күн бұрын
The insurance companies are the ones who pay the new price..
@loveyourzzgg697
@loveyourzzgg697 7 күн бұрын
Oh that’s where I remeber him from he was the piece of Shid
@cedricbeard4609
@cedricbeard4609 6 күн бұрын
So you work for a medical insurance company or you’re a sheep?
@Dynasty19
@Dynasty19 7 күн бұрын
Dude deserves more credit for his down to earth viewpoints, despite what ever set backs may have happened, he’s always challenged the status quo and thought outside of the box.
@Ie420juggalo
@Ie420juggalo 6 күн бұрын
Your price is way to high, you got to cut it.
@joedee1299
@joedee1299 7 күн бұрын
People forget he raised the price so insurance companies can cover it but if you don’t have insurance/no money to buy he’ll give it to you for free
@Lenoxlanellc
@Lenoxlanellc 7 күн бұрын
He’s a good sales man I can say that much cuz no
@donjones8447
@donjones8447 5 күн бұрын
Sounds greedy ASF. Tbh I would love to learn about investing from him though.
@ashcrockett8407
@ashcrockett8407 7 күн бұрын
Lol I remember when he held the carter 5 hostage n made that video
@1Eashawty
@1Eashawty 7 күн бұрын
Dude ain’t as bad as folks try to make him seem, his logic makes perfect sense. I rock wit him
@AF-Twice
@AF-Twice 7 күн бұрын
It's sad that society has conditioned you to believe that medicine that saves lives should be expensive. Society has conditioned you to view humanity through a business lens and you are not even part of that business. They have your mind in the palm of their hand.
@BabyKobeeee
@BabyKobeeee 7 күн бұрын
Lmfao that logic made perfect sense to you?
@1Eashawty
@1Eashawty 7 күн бұрын
@@AF-Twice I don’t care wat u think fool
@Dj-qi2we
@Dj-qi2we 7 күн бұрын
Charging sick people $30 for medication? The man got no hart for the people who need medical help . wtf you talking about?
@1Eashawty
@1Eashawty 7 күн бұрын
@@BabyKobeeee yes, y would a drug that can save your life cost the same as a coffee? It should cost more than that
@BajanCreation
@BajanCreation 7 күн бұрын
I dunno, I like this guy.
@mcm-inc
@mcm-inc 7 күн бұрын
Why did they say it was a pill for cancer when they reported on this back in the day?
@DepthWish
@DepthWish 7 күн бұрын
he did multiple deals like this for different diseases
@Kobe-jz2zz
@Kobe-jz2zz 6 күн бұрын
Because media lied
@Zcharles43
@Zcharles43 6 күн бұрын
Just to shows you how important hearing both side matters… use to think bro was an ass hole till now.
@FromHyrule
@FromHyrule 20 сағат бұрын
The matrix went after him just like they did to Andrew Tate.
@apartmenta4439
@apartmenta4439 7 күн бұрын
Vlad, you're still a dork, but you've been knocking it out of the park this year. The Michael Corleone, Pee-Wee and Shkreli interviews are some of your best ever
@game_theory2547
@game_theory2547 7 күн бұрын
insulting vlad and then giving him a back handed compliment is an interesting choice 🤔
@apartmenta4439
@apartmenta4439 7 күн бұрын
​@@game_theory2547thank you
@ST58432
@ST58432 7 күн бұрын
🤣🤣🤣
@decarlocalloway01
@decarlocalloway01 6 күн бұрын
This guy’s clearly a sociopath.
@bryanrobinson8452
@bryanrobinson8452 6 күн бұрын
I thought mf was paying out they pockets for the drugs
@saiborg3992
@saiborg3992 7 күн бұрын
This dudes alright
@SarahJones-ik6jh
@SarahJones-ik6jh 7 күн бұрын
I love how you address this topic with such honesty.
@scottcochrane
@scottcochrane 7 күн бұрын
Make him a regular. Need more stock talk!
@poolenjoyer
@poolenjoyer 7 күн бұрын
title is misleading the pill was from US$13.50 to US$750 per pill overnight lol
@kidjaey
@kidjaey 7 күн бұрын
Different pill
@xWingzTV
@xWingzTV 7 күн бұрын
literally no… now why don’t you go take your pills to keep making you a transformer
@poolenjoyer
@poolenjoyer 6 күн бұрын
@@kidjaey perc40
@williamisDTF
@williamisDTF 6 күн бұрын
This dude is out of touch with reality
@Carlos_500
@Carlos_500 2 күн бұрын
This guy believes whatever he wants
@DonnaGarcia-ul6ke
@DonnaGarcia-ul6ke 7 күн бұрын
Love your unique style, never change!
@Kingkong-qu8eh
@Kingkong-qu8eh 7 күн бұрын
Look at the size of his pupils
@jacksmith694
@jacksmith694 7 күн бұрын
“i doubled the price, more than double actually i 20X”😂🤡
@se7enwords.
@se7enwords. 6 күн бұрын
Very greedy individual. Values money over peoples lives
@darrenp42019
@darrenp42019 7 күн бұрын
The price hike kinda makes sense now after hearing this more people started taking it because the insurance would pay for it the low price makes them have to come out of pocket i could be wrong
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