KaloBios Pharmaceuticals filed for Chapter 11 protection just a week after it fired Shkreli as its CEO. He also resigned as head of Turing Pharmaceuticals after he was arrested two weeks ago on fraud charges related to yet another drug firm.
Martin Skhreli's infamous 5,000 percent price increase for an anti-parasitic drug had one positive effect: it outraged Americans enough for them to pay attention to the practices of an otherwise opaque pharmaceutical industry.
Accused of securities fraud, Shkreli stepped down one day after being arrested. Now out on bond, he faces 20 years in prison.
The FBI arrested the controversial pharmaceutical CEO on seven counts of fraud.
"It's always been affordable," he told Bloomberg on Wednesday.
A San Diego compounding pharmacy says it plans to come to patients’ rescue by offering a cheaper version of Daraprim and other drugs whose prices have skyrocketed in recent year — but will the FDA allow it?
Bernie Sanders and Hillary Clinton each list Big Pharma among their favorite enemies, but donations from drug companies are still pouring in for at least one of them.
Drug prices may skyrocket in developing nations, a new report concludes.
Turing is just a symptom of much deeper pharmaceutical woes.
An anonymous woman claiming to be his ex has released what she says are sleazy messages from this week's most hated man on the internet.
A torrent of Twitter wrath convinces Martin Shkreli to lower the price of a common, life-saving drug after he hiked it 5,000 percent.
Prescription drug prices are higher than ever, forcing patients to make tough decisions and sparking growing public outcry.