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Why did Martin shkreli increase the price of Daraprim?

Why did Martin shkreli increase the price of Daraprim?

Daraprim was approved to treat toxoplasmosis in 1953, 30 years before Shkreli was born. Explaining the move to USA Today, a spokesperson for the company said the company needed to raise prices in order to fund its research work on toxoplasmosis, along with new education programs for the disease.

How much did Turing pay for Daraprim?

Endpoints reported Tuesday that Turing has been offered $100 million for Daraprim. Turing acquired Daraprim in August 2015 from Impax Laboratories for $55 million, then increased the price from $13.50 per pill to $750 per pill.

What is the use of Daraprim?

Daraprim (pyrimethamine) is an antiparasitic drug used to treat and prevent malaria, and is also used in the treatment of toxoplasmosis.

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What is the current price of Daraprim?

The cost for Daraprim oral tablet 25 mg is around $23,500 for a supply of 30 tablets, depending on the pharmacy you visit….Oral Tablet.

Quantity Per unit Price
30 $783.32 $23,499.50
100 $783.10 $78,309.50

What is the cost of pyrimethamine?

The cost for pyrimethamine oral tablet 25 mg is around $20,330 for a supply of 30 tablets, depending on the pharmacy you visit….Oral Tablet.

Quantity Per unit Price
100 $677.44 $67,743.88

How much does Daraprim cost in Canada?

Buy Daraprim (Pyrimethamine) Brand & Generic

QTY Price Unit $
No medication available for the selected combination
30 $238.00 $7.93
60 $348.00 $5.80
90 $551.00 $6.12

What is pyrimethamine tablet used for?

PYRIMETHAMINE (peer i METH a meen) is an anti-parasitic medicine. It is used to treat an infection of toxoplasmosis.