Politics Bernie Sanders tweet causes drug company to lose $400M in a day

Discussion in 'The Howard Stern Show' started by dawg, Oct 15, 2016.

  1. dawg

    dawg In The Dog House Staff Member

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    A tweet posted to Sen. Bernie Sanders’ (D-Vt.) Twitter account on Friday afternoon caused the stock of a pharmaceutical company to crash, costing the company millions of dollars.

    Sanders told his 2.6 million followers that Ariad Pharmaceuticals Inc. had raised the price of its leukemia drug “to almost $199,000 a year.”

    “Drug corporations’ greed is unbelievable,” the Vermont senator tweeted.

    Shortly after the tweet, Ariad’s stock lost 15 percent of its value — or $387 million dollars — its biggest intraday decline in over a year, according to Bloomberg.

    The drug mentioned in Sanders tweet, Iclusig, helps to treat a rare form of leukemia, and has indeed seen its price raised four times this year alone, to $16,000 for a 30-day pack.

    http://thehill.com/blogs/blog-brief...eet-causes-drug-company-to-lose-400m-in-a-day
     
  2. Wood22

    Wood22 Member

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    I hope the company sue his ass...
     
  3. the G-man

    the G-man Well-Known Member

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    I hope a lot of retirees or near retirees didn't have the company stock in their retirement portfolios.
     
  4. oski

    oski Purveyor of the Obvious Gold

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    What a faggot
     
  5. Gusbuss

    Gusbuss VIP Extreme Gold

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    Good for him
     
  6. dawg

    dawg In The Dog House Staff Member

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    For what? He tweeted a link to a news article. You have a problem with free press and speech? Of course you do, why bother asking.
     
  7. Calloused Shins

    Calloused Shins Well-Known Member

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    I know what stock I'm buying monday
     
  8. Bye You!

    Bye You! The n word guy Gold

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    Why is this a problem? Doesn't everyone have wonderful insurance under this administrations laws? Much ado about nothing. :coffee:
     
  9. Shivvy

    Shivvy VIP Extreme Gold

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    Libs are so irresponsible
     
  10. Obi Drunkenobe

    Obi Drunkenobe Well-Known Member VIP

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    I don't think you can be sued for telling the truth.
     
  11. Punctured

    Punctured Well-Known Member

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    Right, not the pharmaceutical companies.

    That is how a REAL politician works, for the people, not the companies.
     
  12. dawg

    dawg In The Dog House Staff Member

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    You dont mind paying 700 dollars for a Tylenol? Good to know you dont mind price gouging. You must be really rich shivvy


    I want to be just like shivvy when i grow up.
     
  13. Shivvy

    Shivvy VIP Extreme Gold

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    I can afford it
     
  14. Gusbuss

    Gusbuss VIP Extreme Gold

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    Drug price should be the same for everyone. Single payer health care please.
     
  15. Dorb

    Dorb Lovable Old Pig VIP Gold

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    Does cost a lot to develope these drugs but these prices are just pure greed.
     
  16. oski

    oski Purveyor of the Obvious Gold

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    I love when you claim to be a conservative.
     
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  17. dawg

    dawg In The Dog House Staff Member

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    And i love when you claim that you dont hear voices and wear diapers.
     
  18. oski

    oski Purveyor of the Obvious Gold

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    You have any idea how few drugs even get approved in this country? If you want new drugs, you have to compensate companies for the risk they are taking.
     
  19. oski

    oski Purveyor of the Obvious Gold

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    K
     
  20. Patron

    Patron Well-Known Member Banned User

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    Doesn't Obamacare cover pick up the tab?...what's the problem?
     
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