Rep. Katie Porter did not come to work to play around, as evidenced in this viral video where she rips apart a thieving Pharma CEO.
She points out that the reason the prices spiked so much is not due to research and development, but because Big Pharma executives like to be really, really rich. They accomplish this by meeting profit goals, which allows them to collect big, fat, half-million-dollar bonuses.
After getting Alles to admit the company did not adjust the formula or find more patients to receive the drug , she and her whiteboard filleted Alles like a fish. She wrote the number “$13 million” down and really went for it.Alles: “Er…maybe…my compensation in some way…” Porter: “That’s 200 times the average American income, and 360 times the average senior’s Social Security Payment.” Porter confirms that Alles’s salary was so disgustingly huge because Celgene hit its annual earning targets, which allowed him to collect his half-million-dollar bonus. The company hit its annual earning targets because Alles and Celgene tripled the price of Revlimid. “So, to recap here, the drug didn’t get any better; the cancer patients didn’t get any better; you just got better at making money,” Porter concluded. “You just refined your skills at price gouging.”The entire internet was 100% here for Katie Porter and her research, execution, delivery, and overall domination of this very bad man. The cost of prescription drugs in the U.S. is nothing short of a crime, and we need politicians like Porter to continue to hold them accountable for robbing Americans blind when we need medicine to, you know, not die. dressing up as katie porter and her white board for halloween because you KNOW that would scare the shit out of some people— william a herrick
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Katie Porter Called Out a Former Big Pharma CEO“You just refined your skills at price gouging.”
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