Drug CEO Who Jacked Up Prescription Prices, Arrested On Fraud
Drug-company entrepreneur Martin Shkreli, 32, made a lot of enemies after he purchased Daraprim, an important HIV medication, and jacked the price of the pill from $13.50 to $750 per pill. And he did it simply because he could.
That move quickly labeled him an enemy to many people: everyone from the common man to the HIV community worldwide.
It’s also worth noting that earlier this month, Shkreli spoke at a conference, and when asked about raising the price of the HIV med, he offered this:
“I probably would have raised the price higher,” he said, adding, “My investors expect me to maximize profits.”
This week, after reportedly paying $2 million for a rare Wu-Tang Clan album, he’s now asking for the hip hop community to show him “some respect.”