Share

Pharma CEO Martin Shkreli Speaks Out After Arrest and Resignation

The drugmaker sued him for $65 million, saying he had breached his duty to the company.

Advertisement


Spain heads into uncharted waters after inconclusive election
If the candidate is not immediately successful, parliament has two months to elect a prime minister or call a new election. The PP won 123 seats in the election, with 29% of the vote, leaving them far from a majority in the 350-seat legislature.

“It was hacked”, Craig Stevens, a spokesman for the former chief executive of Turing Pharmaceuticals, said in an email.


Star Wars heading for another record
The new ” Star Wars ” film will nourish Disney’s studio, theme-park and merchandise businesses for years. It was also, on its own, bigger than any total domestic box office weekend since June .

The 32-year-old’s tweet, which he pinned to the top of his account, comes after his resignation from Turing on Friday and his arrest on Thursday for alleged securities fraud.


Seahawks back in playoffs after 30-13 win over the Browns
Kearse said hello to Cleveland kicker Travis Coons, one year out of UW, and defensive lineman Danny Shelton, in his rookie season. Vinatieri played in his 304th career game, breaking a tie with Jerry Rice for No. 6 on the NFL’s career list for games played….

Retrophin ousted Shkreli previous year.

Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI after a federal investigation. Photos of him, wearing a grey hoodie as he was escorted by authorities, spread on the Internet like wildfire, generating social media posts celebrating his apparent fall. One tweet asked, receiving some of the highest number of retweets out of the seven released within the span of one hour of each other.

Turing, with offices in NY and Switzerland, bought US rights to sell Daraprim in August, when it had no competition.

The only response he appears to have to anything related, is whether the drug Daraprim would be unavailable if either Turing Pharmaceutical were to go under or if Shkreli is no longer involved.

Alec Tabak/for New York Daily News Martin Shkreli in custody on Thursday.

“Turing’s interim CEO Ron Tilles should immediately roll back the company’s unconscionable 5,000 percent price hike on Daraprim, a crucial treatment for many pregnant women and people living with HIV, and restore the drug to its original cost”.

Advertisement

Shkreli recently became the CEO of a second company, KaloBios Pharmaceuticals, Inc., based in South San Francisco, California. Their price fell to $23.59.

Twitter