In the latest dust-up involving Dr. Patrick Soon-Shiong, a fledgling drug maker alleges the controversial entrepreneur “masterminded” a “catch-and-kill” scheme to rob it of a potentially valuable cancer medicine that might have one day saved the U.S. health care system more than $1 billion.
At issue is a deal that took place four years ago for a chemotherapy that Sorrento Therapeutics was developing to rival Abraxane, a blockbuster breast cancer treatment sold by Celgene (CELG). At the time, Soon-Shiong was the largest Celgene shareholder, after having sold Abraxane to the biotech in 2010 for $2.9 billion.
In a lawsuit filed in a California state court, Sorrento alleged that Soon-Shiong conspired to thwart its efforts to successfully commercialize its drug, which is called Cynviloq.
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That Big Pharma has been doing this for years is the dirty little secret over the decades.
The truth about this type of unethical and I hope is also illegal, is not a dirty little secret for most of us who have been reading about this topic for too long now.
I would really like to read the negative consequences, for those individuals who are doing this unethical behavior, all the time.
Personally I hope that there is a special place in the afterlife, for these individuals who are amongst those who have spent their time and money for their own benefit only. I would especially like to read that those individuals are going into prison, and the unethical money they have stolen, are then dispersed to those who are in need of healthcare, or anything else that they need. I have been fed up with these unethical, and hopefully criminal behavior of all who are responsible for this situation.
I was once in the same 1% of salary income. I am not now, and I am relieved to be able to say that. We were both at all times ethical and had integrity, and happy to be able to share our largesse with others. We still have the same sharing of what we have with those who don’t have whatever we need, as human beings we share our lives with too.
The substandard, behavior of this type of individuals, have no idea what they are going to recoup at some time in their lives; karma is a bitc$..