John Vibes

October 28, 2015

(ANTIMEDIA) A retired professional wrestler known as the “Iron Sheik” has challenged the infamous “Pharma Bro,” Martin Shkreli, to a wrestling match. Shkreli is the CEO of Turing Pharmaceuticals, the company that recently sparked global controversy by exponentially raising the price of a drug that treats parasitic infections and complications from common diseases like HIV and cancer.

Shkreli responded to the challenge by calling the retired wrestler an “old man” and saying he was prepared to face him in the ring. Shkreli also said he would put Iron Sheik in the “Pharma Clutch” while millions of fans cheer him on. Pharma Clutch is a reference to the Sheik’s signature “Camel Clutch” wrestling move, which was popular in the 1980s.

Below is a part of the Twitter battle that transpired between Sheik and Shkreli:

Shkreli may be confident in the ring, but he is failing in the marketplace. Luckily, the medication — Daraprimis — is old enough that there are no trademark restrictions on it, so other companies are free to develop an identical medication at a lower price.

It took roughly one month for a competitor to come on the scene and offer a lower price.

This week, the San Diego based Imprimis Pharmaceuticals, Inc. announced that it would be offering an alternative for roughly $1 per pill, or $99 for a 100-pill supply.

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