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Imagine You Just Went to Your Local Pharmacy and Were

Question 84

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Imagine you just went to your local pharmacy and were told that the cost of a life-saving drug was $22,500 for 30 tablets to treat AIDS or another infectious disease. Well, if you needed the drug Daraprim that is what you would have to pay according to the CEO of the company that manufactured it. Turing Pharmaceuticals purchased the right to Daraprim in August 2015 and CEO Martin Shkreli decided a price increase of 5500% was needed. Evaluate the ethics and corporate responsibility in Shkreli's decision to charge the $22,500 for 30 tablets.

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An increase from $13.50 per dose to $750...

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