CEO That Raised Drug Price 4,000 Percent Arrested

By Published on December 17, 2015

Martin Shkreli, who drew national scorn for hiking the cost of a life-saving drug by 4,000 percent overnight, has been arrested, according to multiple reports early Thursday.

The 32-year-old founder and CEO of Turing Pharmaceutical made headlines in September for raising the price of Daraprim, which is often used to treat HIV and AIDS patients, from $13.50 per pill to $750 per pill overnight.

His arrest reportedly is not related to that price increase.

Read the article “CEO That Raised Drug Price 4,000 Percent Arrested” on thehill.com.

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