Quick Hits: Pharma Bro’s Monopolized Drug Goes Generic

The drug's price increased from $13.50 to $750 overnight.

Chances are the first time you heard about the drug Daraprim was in 2015, when a young man by the name of Martin Shkreli purchased the patent and increased the price 5,000%. The stunt earned Shkreli the nickname “Pharma Bro” and made international headlines. A recent CNN article reported that the FDA has approved the first generic version of the drug. 

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Fresh from the show floor: pharma packaging innovations for 2026