Most hated CEO is going to jailsteemCreated with Sketch.

in news •  7 years ago 

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Martin Shkreli who is infamously known for raising the prices of a drug called Daraprim; an drug used by AIDS patients who suffer from toxoplasmosis. Prices were raised 5,000% overnight to $750 dollars/pill. A rival drug company fought back and started charging $1/pill for Daraprim. When interviewed; Shkreli states he would do it again if he had the chance to exploit the price of another drug. Shkreli has earned himself the nickname "pharma bro" for his ridiculous behavior.

Latest news; Shkreli was convicted of two counts of securities fraud for lying to and sweet talking investors and one count of conspiracy. Pharma Bro faces up to 20 years in prison. Even Donald Trump has called Shkreli a "spoiled brat" and has disgusting business practices.

http://www.msn.com/en-us/money/companies/%E2%80%98pharma-bro%E2%80%99-fall-why-%E2%80%98most-hated%E2%80%99-ceo-is-swaggering-into-jail/ar-AApr1hP?li=BBmkt5R&ocid=spartanntp

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