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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'Pharma bro no more': Martin Shkreli banned from pharmaceutical business for lifeDisgraced drug company executive Martin Shkreli, derided as the “Pharma Bro,” has been banned from ever doing business again in the pharmaceutical business. He's also got a grin on his face. He's the real Joker. And evil. Just like Congress and The Senate should be banned from buying stocks. After millions and millions and millions
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'Pharma Bro' Martin Shkreli banned from pharmaceutical industry for life, ordered to pay $64.6MA federal judge has ordered Martin Shkreli to return $64.6 million in profits he and his company reaped from inflating the price of the life-saving drug Daraprim and barred him from participating in the pharmaceutical industry for the rest of his life.
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Martin Shkreli Banned for Life From Drug Industry, Ordered to Pay Nearly $65 MillionMartin Shkreli, the so-called pharma bro embroiled in a drug-pricing scandal, was banned for life from the pharmaceutical industry on Friday after a federal court found that he engaged in illegal and monopolistic behavior Beautiful. illegal and monopolistic behavior, isn't that the norm in the pharma industry? Now do the Purdue family.
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U.S. judge bars Martin Shkreli from drug industry, orders $64.6 million paymentWASHINGTON (Reuters) -A U.S. judge on Friday barred Martin Shkreli from the pharmaceutical industry for life and ordered him to pay $64.6 million after he famously raised the price of Daraprim and fought to block generic competitors. U.S. District Judge Denise Cote in Manhattan ruled after a trial where the U.S. Federal Trade Commission and seven states had accused Shkreli, the founder of Vyera Pharmaceuticals, of using illegal tactics to keep Daraprim rivals out of the market. Shkreli drew notoriety in 2015 after hiking Daraprim's price overnight to $750 per tablet from $17.50. So we can bar a private citizen from a private industry for the damage he caused to it and the people his decisions negatively affected but we cant bar a private citizen from public office for attempting to overthrow the government
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