Quick Hits: Pharma Bro’s Monopolized Drug Goes Generic

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

Mar 4, 2020

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.

Your Next FDA Inspection

Pharmaceutical Innovations Report

Medical Device Innovations Report

The U.S. Food and Drug Administration calls on nicotine pouch manufacturers to use child-resistant packaging to protect American children from accidental, harmful exposure.

FDA Urges Nicotine Pouch Manufacturers To Use Child-Resistant Packaging

Child-resistant packaging demonstrates a manufacturer's commitment to protecting public health, states the FDA.

Innovation Takes Center Stage with Technology Excellence Awards at PACK EXPO Las Vegas 2025

FDA's Phased Exemptions Aim to Smooth Supply Chain Compliance

PACK EXPO Las Vegas 2025 Offers More Than 100 Free On-Floor Education Sessions to Empower Industry Professionals

A leading U.S.-based healthcare system with over $500 million in annual pharmacy spend is targeting millions in savings through full procure-to-pay digitalization.

New AI Tools Promise Better Tracking & Tracing for Life Sciences

Break out of the ordinary: see what’s new in life sciences packaging

At PACK EXPO Las Vegas, you’ll see machinery in action and new tech from 2,300 suppliers, collaborate with experts and explore transformative solutions. Join us in September to experience a breakthrough for life sciences products.

Medical Device Innovations Report

Cutting-edge packaging technologies are transforming the medical device sector in PMMI’s “Innovation in Medical Device” report, featuring advanced materials, smart solutions, and evolving regulations. Editors share insights from nearly 300 PACK EXPO booth visits—each product deemed new and truly innovative—alongside video demonstrations of the equipment and materials on display.

Learn More