'Hated' CEO Lowering Price of $750 AIDS Drug Daraprim

CNN
Sep. 23, 2015

The company that hiked the price of Daraprim, a drug used to treat AIDS patients, is backing off.

Pharmaceutical company Turing increased the price of a drug called Daraprim from $13.50 to $750 a pill and its CEO, Martin Shkreli, quickly became the focus of public anger. The over 4,000% increase also caught the eye of Hillary Clinton. She tweeted about it Monday, saying she wanted to put an end to drug "price gouging."

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