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CEO Who Hiked Price Of Drug By Over 5400% Arrested In Unrelated Securities-Fraud Investigation

CEO Who Hiked Price Of Drug By Over 5400% Arrested In Unrelated Securities-Fraud Investigation

Three months after Turing Pharmaceuticals entered the spotlight by buying the rights to a generic drug used to save lives and dramatically increased the price from $13.50 to $750, the company’s CEO has been arrested in a securities-fraud investigation. However, the charges are related to another company the man once led.  [More]