Martin Shkreli News

Shkreli Bid to Overturn $65 Million Daraprim Award Rejected by Supreme Court

The U.S. Supreme Court left in place a $65 million antitrust judgment against Martin Shkreli, the “Pharma Bro” who served almost seven years in prison for defrauding investors. The justices without comment turned away Shkreli’s bid to overturn the award …

‘Pharma Bro’ Firm Reaches $40M Settlement in Gouging Case

SACRAMENTO, Calif. (AP)–A company once owned by “Pharma Bro” Martin Shkreli will pay up to $40 million to settle allegations that it jacked up the price of a life-saving medication by roughly 4,000% after obtaining exclusive rights to the drug, …

Martin Shkreli Accused of Drug Monopoly Scheme by Insurer

A Blue Cross Blue Shield affiliate sued “Pharma Bro” Martin Shkreli, the pharmaceutical industry’s imprisoned enfant terrible, in a Manhattan federal court Thursday, alleging a scheme to monopolize the market for Daraprim, the “gold-standard treatment” for the parasitic infection toxoplasmosis. …

NY, Feds Sue ‘Pharma Bro’ for ‘Scheme’ to Keep Drug Price Up

NEW YORK — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face …