Article Image

Shkreli’s at it again, plotting to make a windfall off a drug price hike

Martin Shkreli must be in a competition for best real-life supervillain. His newest scheme centers on a drug for a neglected tropical disease. It's likely that he's seeking a federal voucher that he can then sell for a multimillion-dollar windfall.

Martin Shkreli made news in September when his company Turing Pharmaceuticals, bought the rights to a drug for toxoplasmosis, a parasitic infection, and raised the price from $13.50 to $750 a pill, only to back down when he realized such a move was incredibly unpopular. Earlier this month, Shkreli spent $2 million on RZA’s one-of-a-kind album, and later saying he hasn’t listened to it. Now he’s stoking the world’s hatred again, this time by planning to profit from a drug that treats Chagas disease, a parasitic infection that threatens the lives of millions of people worldwide.

Chagas is transmitted by triatomines, insects that live in mud and straw housing. It can be transferred human to human through organ transplants or blood transfusions, via breastfeeding, and congenitally. As it’s generally found in rural areas and slums in South America, and the millions infected abroad are generally low-income or poor, Chagas is considered a neglected tropical disease. While the disease is not of huge concern here in the United States, 300,000 people here are infected, and the practice of hiking up drug prices to extreme levels is relevant worldwide.

The drug in question, a version of benznidazole, is owned by KaloBios Pharmaceuticals, which an investor group led by Shkreli took control of last month. The drug itself is given free to patients by the Centers for Disease Control and Prevention on an experimental basis and sold overseas. It’s currently not approved for sale in the U.S., but Shkreli plans to pursue FDA approval.

If he gets it, according to The New York Times Shkreli told investors the company would have exclusive rights to sell benznidazole in the U.S. for five years. He said he would set the price at levels comparable to hepatitis C drugs, and that’s as much as $100,000 for a course of treatment.  This is compared to current costs of about $50 to $100 for a two month course of benznidazole in Latin America.

The drug has been around since the 1970s. Developed by Roche, the company donated its supply to Lafepe, a Brazilian state government company. Another company, Elea, out of Argentina, also became a supplier in response to a shortage of the drug a few years ago.

There is a federal program designed to encourage pharmaceutical companies to develop drugs for neglected tropical diseases that provides “priority-review vouchers.” Those vouchers guarantee a fast track to an FDA ruling on a future application for an unrelated drug within six months. A speedy FDA ruling is incredibly valuable in the big pharma arena, and can be sold to other corporate entities for multimillion-dollar windfalls. Perhaps Elea, the Argentine company has the same idea, since it too is planning to apply for FDA approval.

AI companies spend enormous amounts of time convincing us their technology is safe and secure. But what happens when those same companies become targets of increasingly sophisticated AI-powered attacks? Anthropic, the company behind Claude, is now facing that question. According to a Washington Post report, cybersecurity startup Cathedral discovered vulnerabilities that let its researchers access sensitive information in Anthropic's internal systems.

The researchers used AI agents to identify potential entry points in less than 12 hours. Interestingly, they didn't need to crack Claude itself. Instead, they exploited weaknesses in third-party business applications that Anthropic uses for everyday operations. Anthropic's security testing program disclosed the findings, which allows outside researchers to identify and report vulnerabilities.

Military working dogs charge into places the rest of us would flee. So, I understand why anyone would want to breed tougher, healthier dogs for the job.

Warhound, a new startup from Colossal Biosciences co-founder Ben Lamm and Anduril co-founder Palmer Luckey, has stepped out of stealth with $200 million to clone and gene-edit working dogs for American troops, police departments, and emergency services (via TechCrunch).

AI can describe a picture, identify objects, and answer questions about what a camera sees. But when a blind user needs a quick answer, getting an entire spoken essay about the scene isn't exactly helpful. Researchers at the University of Maryland (UMD) have found that AI-powered visual assistance can leave blind users doing too much work to get the information they actually need.

The study, titled Say It My Way: Exploring Control in Conversational Visual Question Answering with Blind Users, examined how people interact with Be My AI, an AI-powered feature of the Be My Eyes app. The researchers found that users often received lengthy descriptions that didn't adequately address their immediate goals, forcing them to ask follow-up questions or find ways to steer the AI towards a more useful answer.