The infamous Martin Shkreli is “Pharma Bro” no more. On Jan. 10, Shkreli received a lifetime ban from the pharmaceutical industry.
You may recall that Shkreli exploited lax enforcement to corner the market on a lifesaving drug (Daraprim) and then jacked up the list price more than fortyfold. This went on for years, with Shkreli directing the operation even while serving a prison term for a prior financial fraud.
Considering his actions were a life-and-death matter among those who needed the drug, we’re all in favor of shutting the door on any repeat performances.