FTC Alleges Martin 'Pharma Bro' Shkreli Is Trying to Break Back Into Pharma Industry

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A federal judge previously barred the former CEO of Vyera Pharmaceutical from in any way working with or in the pharma industry again.

But his attempt to regain the attention of the drug industry may bite him in the posterior, as a federal agency wants the courts to take him to task for violating an order he never, ever work in the pharmaceutical industry again.to hold Shkreli in contempt of court, saying the Pharma Bro wasn’t giving the agency the information it required to determine if he’s trying to break back into the pharmaceutical industry.

used to treat people with HIV and AIDS. The buyout meant the drug was pulled from pharmacy shelves. Shkreli then hiked the price of the drug 5,000%, from $13.50 per pill to $750 per pill., the FTC said Shkreli has ignored the agency’s request for compliance reports and interview requests. FTC competition bureau chief Holly Vedova said the agency is ready to “deploy the full scope of its authorities to enable a comprehensive investigation.

 

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Once a scumbag capitalist always a scumbag capitalist.

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