Like a small child who refuses to eat his dinner but remains steadfast at his seat until his parents finally relent and let him go to his room, controversial pharmaceuticals investor Martin Shkreli — best known for jacking up the price of an important HIV treatment by 5,400% in a single day — sat before a Congressional panel this morning and repeatedly cited his Fifth Amendment right against self-incrimination, even when it involved his expensive taste in hip-hop. [More]
Turing Pharmaceuticals
Martin Shkreli Terminated From Another CEO Gig Following Fraud Charges
Things continue to unravel for Martin Shkreli, best known as the guy whose company bought the rights to a previously affordable, life-saving generic drug, then increased its price by 5,400% overnight. After being arrested last week in an unrelated securities-fraud investigation, the “pharma bro” has lost his spanking-new job as CEO of KaloBios Pharmaceuticals. [More]
One Day After Arrest For Securities Fraud, Turing Pharmaceuticals CEO Martin Shkreli Resigns
A day after he was arrested as part of a securities-fraud investigation, Turing Pharmaceuticals CEO Martin Shkreli is no longer the company’s head executive. [More]