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Pharma Bro Martin Shkreli Banned For Life From Drug Industry in Monopoly Case, Ordered To Pay $64.6 Million

fahrbot-bot writes: A federal judge on Friday ordered notorious "Pharma Bro" Martin Shkreli banned for life from the pharmaceutical industry and also ordered him to pay $64.6 million in profits he earned from hiking the price of the life-saving drug Daraprim by more than 5,000% overnight. The ruling in U.S. District Court in Manhattan came in response to a lawsuit alleging illegal and monopolistic behavior connected with Daraprim by the incarcerated securities fraudster Shkreli. The plaintiffs...
Tags: New York, California, Tech, Manhattan, Federal Trade Commission, Martin Shkreli, Daraprim, U S District Court, Shkreli, Pharma Bro Martin Shkreli, Vyera Pharmaceuticals, Letitia James Shkreli