Donald Trump blasts CEO who raised drug price 5,000 percent: 'He looks like a spoiled brat'
If Martin Shkreli — the pharmaceutical CEO who faced outrage after raising the price of a life-saving medication from $13.50 a pill to $750 — is looking for solace, he won't find any from Donald Trump.
"He looks like a spoiled brat to me," the Republican presidential frontrunner told reporters in South Carolina on Wednesday. "You want to know the truth? He looks like a spoiled brat." In August, Shkreli's Turing Pharmaceuticals acquired the drug Daraprim, which treats taxoplasmosis. A parasitic infection, taxoplasmosis can be fatal for people with weakened immune systems caused by chemotherapy and AIDS. Shkreli said on Monday the price had to go up so the company could "turn a profit," but after backlash from advocacy groups and consumers, he announced Tuesday he changed his mind and would be lowering the cost again over the next few weeks.
That wasn't good enough for Trump, who said Shkreli thought he was "hot stuff" but was actually "zero. He's nothing. He ought to be ashamed of himself." Shkreli was a hedge fund manager before getting into the pharmaceutical business, and Trump has said previously that "hedge fund guys are getting away with murder" and he would do something to change that. "He's a hedge fund guy, who, as you know — the only one that I'm raising taxes on," he said Wednesday. "They are going to be paying up. I thought it was a disgusting thing, what he did. I thought it was a disgrace."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Why the Maga vibe shift spelled trouble for Teen VogueTalking Point As anti-feminist women’s magazines thrive, progressive titles are left out in the cold
-
Trump peace deal: an offer Zelenskyy can’t refuse?Today’s Big Question ‘Unpalatable’ US plan may strengthen embattled Ukrainian president at home
-
Classic mince pies for the festive seasonThe Week Recommends The countdown to Christmas, and all its edible treats, has begun
-
Judge halts Trump’s DC Guard deploymentSpeed Read The Trump administration has ‘infringed upon the District’s right to govern itself,’ the judge ruled
-
Trump accuses Democrats of sedition meriting ‘death’Speed Read The president called for Democratic lawmakers to be arrested for urging the military to refuse illegal orders
-
Court strikes down Texas GOP gerrymanderSpeed Read The Texas congressional map ordered by Trump is likely an illegal racial gerrymander, the court ruled
-
Trump defends Saudi prince, shrugs off Khashoggi murderSpeed Read The president rebuked an ABC News reporter for asking Mohammed bin Salman about the death of a Washington Post journalist at the Saudi Consulate in 2018
-
Congress passes bill to force release of Epstein filesSpeed Read The Justice Department will release all files from its Jeffrey Epstein sex-trafficking investigation
-
Trump says he will sell F-35 jets to Saudi ArabiaSpeed Read The president plans to make several deals with Saudi Crown Prince Mohammed bin Salman this week
-
Judge blasts ‘profound’ errors in Comey caseSpeed Read ‘Government misconduct’ may necessitate dismissing the charges against the former FBI director altogether
-
Ecuador rejects push to allow US military basesSpeed Read Voters rejected a repeal of a constitutional ban on US and other foreign military bases in the country
