Martin Shkreli Is Back With a Web3 Drug Discovery Platform

  • 📰 WIREDBusiness
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

United States Headlines News

United States Latest News,United States Headlines

Just out of prison, the former executive is launching a crypto-backed venture that tests the limits of his lifetime ban from the pharmaceutical industry.

, which stemmed from the abrupt and callous 4,000 percent price hike of a life-saving drug that made him infamous., says the platform aims to make early-stage drug discovery more affordable and accessible. “Druglike will remove barriers to early-stage drug discovery, increase innovation and allow a broader group of contributors to share the rewards,” Shkreli said in the press release.

Generally, early-stage drug development can sometimes involve virtual screens to identify potential drug candidates. In these cases, pharmaceutical scientists first identify a “target”—a specific compound or protein that plays a critical role in developing a disease or condition. Then researchers look for compounds or small molecules that could interfere with that target, sometimes binding or “docking” directly to the target in a way that keeps it from functioning.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

arstechnica Call it shitcoin, 💩 it’s not leveraging any significant property of cryptography 🔐 don’t feed the illusion 🧠

arstechnica So like every other crypto scheme. Just have a chair before the music stops.

arstechnica How is he not banned from doing this? A zebra doesn't change it's stripes.

arstechnica Seems like a nice enough guy. What could go wrong? Really?

arstechnica Maybe one of the newest advertiser to join Twitter 🤡🤡🤡

arstechnica He is a convicted Felon, No way he should be able to do any of that Legally.

arstechnica He totally deserves a padded cell in Arkham asylum

arstechnica Naa, this guy has no decentralized blood in his system🤣

arstechnica Also, it can give you a full health checkup only with a drop of blood.

arstechnica I'm sure it will end well. For everyone.

arstechnica Your lead copy baited me 👏 Whether it sinks or swims, it’s the tools in his toolbox that reeled me in 🎣 Martin Shkreli’s Druglike venture is intended for underfunded communities focused on rare diseases or in developing markets.

arstechnica He’s been toprison once already. He’s reformed, right?

arstechnica Never seen a more punchable face in my life.

arstechnica Should work. What could possibly go wrong?

arstechnica Now what could go wrong?

arstechnica Sooo many opportunities for fraud

arstechnica Yeah, not interested.

arstechnica

arstechnica I’m in.

arstechnica That sounds about right

arstechnica

arstechnica If he can get Matt Damon & Larry David to do the commercials for it I’m in

arstechnica Crack, but as an NFT

arstechnica This guy shouldn’t be in prison, he should be in a mental asylum.

arstechnica Sounds Ponzi to me.

arstechnica FFS

arstechnica I can see his future now:

arstechnica i see he got his hustle back

arstechnica Anyone who gives this twerp a single nickel deserves what they get. What hogwash.

arstechnica Okay, Im gonna need a Shrek-ly (however you spell it) to English translator for that word salad

arstechnica Anybody who gives him money deserves to lose it

arstechnica All the snake oil in one venture. Efficient.

arstechnica Nope and dont trust

arstechnica We send them to prison, and that's just where they learn to become better criminals...

arstechnica How are these folks NOT permanently banned from doing this stuff?

arstechnica He’ll be back in jail in 16 months

arstechnica Aww hell nawww. Not this guy. He and EHolmes should have a Demon-Child. 😂

arstechnica “Don’t be like those other crypto bros. Get yourself Ponzi’d by someone you know full well to be a no-holds-barred douchelord!”

nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

Maybe someone can tell him what happened to crypto while he was away

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 68. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Martin Shkreli says he's back in the drugs business — with a crypto twistMartin Shkreli, freed from prison earlier this year after serving most of a seven-year sentence for lying to investors, said he’s setting up a crypto company to make it easier to design and model compounds.
Source: MarketWatch - 🏆 3. / 97 Read more »

George R.R. Martin 'feeling fine' after catching COVID at Comic-ConHBO president Casey Bloys revealed the news at the House Of The Dragon premiere tonight
Source: TheAVClub - 🏆 340. / 59 Read more »

Game of Thrones Creator George R.R. Martin Misses House of Dragon Premiere Due to COVIDGeorge R. R. Martin did not attend the House of the Dragon premiere screening in Los Angeles on [...]
Source: ComicBook - 🏆 65. / 68 Read more »

Martin Scorsese and Leonardo DiCaprio’s ‘Killers of the Flower Moon’ to Release in 2023The wait for Martin Scorsese and Leonardo DiCaprio's 'Killers of the Flower Moon' will continue. The $200 million Western drama is skipping this Oscar season and will likely show up at Cannes or another festival in 2023, ByClaytonDavis reports.
Source: Variety - 🏆 108. / 63 Read more »

Businessman gets probation for paying bribes to former state Sen. Martin Sandoval and McCook mayorA federal judge sentenced a suburban businessman to probation Tuesday for paying bribes to then-state Sen. Martin Sandoval and McCook Mayor Jeffrey Tobolski.
Source: ChicagoBreaking - 🏆 521. / 51 Read more »