Turing also issued a statement that business would continue as usual and that no patient would be denied access to Daraprim, the drug whose price hike made Shkreli a pariah to both patients and other pharmaceutical companies.
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Now with heightened focus on Shkreli because of criminal securities fraud charges and questions about his finances, one of those charities said it is returning the money.
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He said six passengers were being questioned in relation to it, including the man who raised the alarm. Lucchini echoed the head of Air France’s sentiments about the collective cool of the flight crew.
Current students are equally repulsed by Shkreli’s actions: “They don’t like Martin, first of all”, freshman Casey Liu told the Times.
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Infamous Turing Pharmaceuticals AG CEO Martin Shkreli resigned from his post on Friday, a day after being indicted on securities fraud charges, and will be replaced for the time being by company Chairman Ron Tilles.
Turing, with offices in NY and Switzerland, bought USA rights to sell Daraprim in August, when it had no competition.
The allegations concern Shkreli’s activities from 2009-2014 at another company and two hedge funds, prior to his career at Turing. The charges instead involve his actions at another pharmaceutical company, Retrophin, which he ran as CEO up until a year ago. Earlier this year, he similarly turned to Twitter to say his piece after he was dubbed “the most hated man in America” when he announced raising the price of an HIV-related drug by 5,000 percent. Since then, shares have been on an upswing (shares touched a 52-weeek high of $45.82 on Nov 23) until yesterday when the company’s shares plunged 53.2% in pre-market trading with Shkreli being arrested. Bernie Sanders returned a donation from Shkreli.
Shkreli tweeted Saturday: “I am confident I will prevail”.
Shkreli could not be reached immediately for comment on his resignation. The Shkreli Foundation website says it is “dedicated to helping people facing a variety of adversities”. A spokesman for Turing said Tilles would not be granting interviews.
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The Brooklyn-born Shkreli has found himself at the center of a firestorm over drug pricing in the last few months, and he hasn’t been afraid to throw on more fuel.
