Contribute Try STAT+ Today

John Arnold is legendary for turning contrarian bets into heaps of money. The soft-spoken Texan was a whiz kid trader at Enron before its fall. He then ran his own hedge fund, specializing in energy trading. Before he turned 34, he was a billionaire.

He can afford his prescription drugs.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!


What is it?

STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What's included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • STAT+ Conversations
  • Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.
  • I am forever perplexed by these pricing discussions.

    THE REST OF THE WORLD pays 50-80% less for the SAME drugs as we do !! What do people not get here??!!

    It’s been rapacious and borderline illegal. And quietly, during the Obama Administration, the generic companies consolidated into 5, and allowed them to raise prices by 5-10x.

    This is easy – cut prices to the level of Canada and the UK.

    Done – what’s next ??

  • ” (The [Arnold] foundation funds Prasad’s work on overturned medical dogma but not his research on drug pricing.)”

    well, ok then. i feel so much better now.

Comments are closed.