Martin Shkreli Banned for Life From Drug Industry, Ordered to Pay Nearly $65 Million

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Martin Shkreli Banned for Life From Drug Industry, Ordered to Pay Nearly $65 Million
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Martin Shkreli, the so-called pharma bro embroiled in a drug-pricing scandal, was banned for life from the pharmaceutical industry on Friday after a federal court found that he engaged in illegal and monopolistic behavior

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Mr. Shkreli was also ordered to pay nearly $65 million in profits that he and his former company made from illegally boosting prices of the Daraprim drug. That figure is on top of the $40 million that Vyera Pharmaceuticals LLC, which Mr. Shkreli ran as chief executive when it was called Turing Pharmaceuticals AG, wasAn attorney for Mr. Shkreli didn’t immediately respond to a request for comment.

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