'USA's most hated man' arrested
MARTIN Shkreli, the man who jacked up the price of a lifesaving drug to pad his pockets, has just been knocked off his perch. Ref. Source 1q
Martin Shkreli has stepped down as CEO of Turing Pharmaceuticals, the company said Friday.
Turing's main drug is Daraprim, the treatment for cancer and AIDS patients that made Shkreli a household name. Turing bought the drug in August and shortly after that, Shkreli announced he was raising the price of the drug by nearly 5,500% -- from $13.50 a pill to $750.
Federal prosecutors on Thursday indicted Shkreli on securities fraud charges for things he allegedly did at Retrophin, a biotech he founded in 2011 and was fired from last year. Ref. CNN