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U.S. prosecutors consider more charges against ex-CEO Shkreli

May 3, 2016 by · Leave a Comment 

NEW YORK (Reuters) – Former drug executive Martin Shkreli, who last year became a lightning rod for outrage over soaring prescription drug prices, may face additional U.S. charges of securities fraud, a federal prosecutor

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U.S. prosecutors consider more charges against ex-CEO Shkreli

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Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’

February 4, 2016 by · Leave a Comment 

By Sarah N. Lynch and David Ingram WASHINGTON/NEW YORK (Reuters) – Former drug executive Martin Shkreli smirked and brushed off questions about drug prices then tweeted that lawmakers were imbeciles on Thursday, when he appeared at a U.S. congressional hearing against his will. Shkreli, 32, sparked outrage last year among patients, medical societies and Democratic presidential front-runner Hillary Clinton after his company, Turing Pharmaceuticals, raised the price of the drug Daraprim by more than 5,000 percent to $750 a pill. At a hearing of the U.S. House…

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Smirking Shkreli refuses lawmakers’ questions, calls them ‘imbeciles’

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Turing Pharma seeks CEO to replace Shkreli, plans job cuts

December 23, 2015 by · Leave a Comment 

Shkreli, 32, resigned as CEO on Friday, a day after his arrest on charges that he had engaged in a Ponzi-like scheme. On Monday, KaloBios Pharmaceuticals said Shkreli was “terminated” as CEO and had resigned from the board. Turing did not specify the number of job cuts in a statement.

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Turing Pharma seeks CEO to replace Shkreli, plans job cuts