CEO That Raised Drug Price 4,000 Percent Arrested
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.