Martin Shkreli’s Lawyer Blames Congress for His Client’s Misbehavior Before Congress

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Shkreli

Martin Shkreli is the American entrepreneur and pharmaceutical executive. He is co-founder of the hedge fund MSMB Capital Management, co-founder and former chief executive officer (CEO) of the biotechnology firm Retrophin, and founder and former CEO of Turing Pharmaceuticals.

In September 2015, Shkreli received widespread criticism when Turing obtained the manufacturing license for the antiparasitic drug Daraprim and raised its price by 5,556 percent (from US$13.50 to US$750 per tablet) leading him to be referred to by media as the “most hated man in America”.

He was arrested for setting up a Ponzi Scheme and is also being sued civilly. His resignation from Turing followed.

He has every right to plead the Fifth but his disrespect after grossly overcharging sick patients for medication is just sick.

Martin Shkreli’s lawyer blamed his outrageous behavior on congress. It was their fault because they brought him there to “humiliate” him.

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2 COMMENTS

  1. I hate Shkreli, but to claim it’s bad behaviour to “disrespect” someone who’s trying to humiliate you for personal gain is just sick. They are using him to further their careers. How is it “behaving badly” to refuse to give evidence to someone who is openly trying to harm you? If these opportunistic assholes really wanted to get the truth they’d be interveiwing government officials and asking “Why aren’t you letting in generics that could lower the cost to $5?”.

    His lawyer is absolutely and completely right and you’re absolutely wrong.

    • I know what you’re saying Michael. He has every right to take the Fifth and the Congress was bloviating but I was responding to Shkreli’s immature behavior, smirking, it’s still Congress and they are still authority figures. Shkreli made a fool of himself.

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