• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipBernie Sanders

Bernie Sanders rejects drug price-raising CEO’s donation: ‘We don’t want his stinkin’ money’

By
Michal Addady
Michal Addady
Down Arrow Button Icon
By
Michal Addady
Michal Addady
Down Arrow Button Icon
October 16, 2015, 10:37 AM ET
Democratic Candidates Attend New Hampshire Democratic Party Convention
Democratic Presidential candidate Senator Bernie Sanders (I-VT) talks on stage during the New Hampshire Democratic Party State Convention on September 19, 2015 in Manchester, New Hampshire. Photograph by Scott Eisen — Getty Images

Bernie Sanders has rejected a donation from Turing Pharmaceuticals CEO Martin Shkreli, the Boston Globe reports.

The drug company increased the price of a life-saving treatment last month by an unthinkable and, for most, unaffordable amount. Daraprim, a treatment for malaria and toxoplasmosis, jumped from $13.50 to $750 a pill, an increase of well over 5,000%. Shkreli soon became the most hated man in America. Even Donald Trump called him a “spoiled brat.”

But he continues to stand by his action, calling it “a great thing for society.” He donated $2,700 to Sanders’ campaign, the maximum amount allowed by an individual. He admitted that his motivation for doing so was to get the senator’s attention so that he could set up a meeting to explain why the massive price raise is necessary.

Sanders has refused to meet with him, to which Shkreli responded: “He’ll take my money, but he won’t engage with me for five minutes to understand this issue better.” Sanders, in fact, did not keep the money. Instead, he donated it to the Whitman-Walker health clinic in Washington, D.C., which specializes in HIV/AIDS care.

In Tuesday night’s debate, Sanders listed big pharmaceutical companies as one of the enemies he’s been proud of making throughout his political career. Michael Briggs, a spokesperson for Sanders’ campaign, told Mashable that Shkreli “is the poster boy for pharmaceutical company greed. We don’t want his stinkin’ money.”

Shkreli challenged Sanders and Hillary Clinton on Twitter, asking if they’d rather have drug companies maintain low prices or use their resources for research:

Dear @BernieSanders & @HillaryClinton, I have an important question for you. Get back to me whenever, Martin Shkreli. pic.twitter.com/y0DuJqswAR

— Martin Shkreli (e/acc) (@MartinShkreli) October 12, 2015

When a Twitter user responded by asking how much of Turing’s margin actually goes to research, Shkreli responded, “all of it.” But many are pretty skeptical, and rightfully so, as a 2014 FiercePharma study found that 9 out of 10 pharmaceutical companies spend significantly more on marketing than they do on research and development.

About the Author
By Michal Addady
See full bioRight Arrow Button Icon

Latest in Leadership

C-SuiteFortune 500 CEO Interview
Bristol Myers Squibb CEO Chris Boerner says company culture was the missing piece of his ‘patent cliff’ plan
By Diane BradyDecember 5, 2025
33 minutes ago
Shuntaro Furukawa, president of Nintendo Co., speaks during a news conference in Osaka, Japan, on Thursday, April 25, 2019. Nintendo gave a double dose of disappointment by posting earnings below analyst estimates and signaled that it would not introduce a highly anticipated new model of the Switch game console at a June trade show. Photographer: Buddhika Weerasinghe/Bloomberg via Getty Images
NewslettersCEO Daily
Nintendo’s 98% staff retention rate means the average employee has been there 15 years
By Nicholas GordonDecember 5, 2025
45 minutes ago
Co-founder and chief executive officer of Nvidia Corp., Jensen Huang attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris.
C-SuiteNvidia
Before running the world’s most valuable company, Jensen Huang was a 9-year-old janitor in Kentucky
By Eva RoytburgDecember 5, 2025
48 minutes ago
Future of WorkBrainstorm Design
The workplace needs to be designed like an ‘experience,’ says Gensler’s Ray Yuen, as employees resist the return to office
By Angelica AngDecember 5, 2025
2 hours ago
LawAT&T
AT&T promised the government it won’t pursue DEI. FCC commissioner warns it will be a ‘stain to their reputation long into the future’
By Kristen Parisi and HR BrewDecember 4, 2025
13 hours ago
Zoe Rosenberg
LawCrime
Gen Z activist gets jail time for liberating chickens from Perdue plant in Northern California
By The Associated PressDecember 4, 2025
14 hours ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
23 hours ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
18 hours ago
placeholder alt text
Success
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
18 hours ago
placeholder alt text
Success
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it's the one trade job Gen Z doesn't want
By Emma BurleighDecember 4, 2025
19 hours ago
placeholder alt text
North America
Jeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combating homelessness across the U.S.: ‘This is just the beginning’
By Sydney LakeDecember 2, 2025
3 days ago
placeholder alt text
Health
Bill Gates decries ‘significant reversal in child deaths’ as nearly 5 million kids will die before they turn 5 this year
By Nick LichtenbergDecember 4, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.