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The former pharmaceutical executive appeared before a House committee hearing on drug prices, and for once tried to stay silent.
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The much-reviled former pharmaceutical executive remained tight-lipped, pleading the Fifth Amendment on his lawyer's advice. He simply smiled in response to harsh criticism from House representatives.
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One day after he was arrested on fraud charges, controversial drug executive Martin Shkreli has resigned his post as CEO of Turing Pharmaceuticals. Shkreli is currently free on bail.
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Martin Shkreli, the drug executive who was widely criticized for sharply raising the price of a drug used by HIV patients, has been released on $5 million bond.
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The Wu-Tang Clan made just one copy of Once Upon A Time In Shaolin and sold it, shrouded in secrecy, for millions. Bloomberg Business reveals the buyer: a CEO infamous for a massive drug-price hike.
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Some companies have bought the patents for old drugs, then abruptly upped the prices — from $13 per pill to $750 in one case. Irate senators call it price gouging.