Martin Shkreli, the hedge fund trader turned pharma bro, angered pretty much every decent person in the world by raising the price for a parasite drug from $13.50 to $750 overnight. Then he decided to do it with second drug. Then, like an early Christmas present to humanity, the feds arrested him on charges of securities fraud—separate from his (largely legal) drug price gouging.
Martin Shkreli Raised Drug Prices Overnight
Martin Shkreli, the hedge fund trader turned pharma bro, angered pretty much every decent person in the world by raising the price for a parasite drug from $13.50 to $750 overnight.
NEW YORK, NY - DECEMBER 17: Martin Shkreli (C), CEO of Turing Pharmaceutical, is brought out of 26 Federal Plaza by law enforcement officials after being arrested for securities fraud on December 17, 2015 in New York City. Shkreli gained notoriety earlier this year for raising the price of Daraprim, a medicine used to treat the parasitic condition of toxoplasmosis, from $13.50 to $750 though the arrest that happened early this morning does not involve that price hike. (Photo by Andrew Burton/Getty Images)Andrew Burton
