'Pharma Bro' Martin Shkreli banned from drug industry for life, ordered to pay nearly $65M

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Martin Shkreli, the so-called “Pharma Bro” known for jacking up medicine prices, has been banned from the pharmaceutical industry for life and ordered to pay almost $65 million, according to New York’s top prosecutor.

for life and ordered to pay almost $65 million, according to New York’s top prosecutor.

James and the Federal Trade Commission sued Shkreli, his former company Vyera and a business partner Kevin Mulleady two years ago accusing him of "monopolizing" the life-saving drug Daraprim, which is used to treat a parasitic disease called toxoplasmosis. A slew of other states later joined the lawsuit.‘PHARMA BRO’ MARTIN SHKRELI SUED IN NY FOR ‘MONOPOLIZING LIFE-SAVING DRUG’

 

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