Arrested Pharma CEO Martin Shkreli Says He Is Being Unfairly Targeted

20 Jan 2016 | Author: | No comments yet »

Arrested Pharma CEO Martin Shkreli Says He Is Being Unfairly Targeted.

“We have been working with Twitter to get it fixed,” Craig Stevens, a spokesman for the former chief executive of Turing Pharmaceuticals, said in an email to Reuters. Controversial pharmaceutical executive Martin Shkreli, arrested last week for alleged financial irregularities, said on Sunday that authorities unfairly targeted him due to his now infamous 55-fold increase in the price of a drug used to treat toxoplasmosis—a parasitic infection that poses serious problems for babies born to infected women, as well as to those living with HIV/AIDS, cancer or other conditions that lead to a compromised immune system.In his first interview since he was charged Thursday for allegedly misleading investors in his hedge funds and raiding a public company to cover the losses, Shkreli told The Wall Street Journal he had been targeted by authorities for his much-criticized drug-price hikes and over-the-top public persona. “‘Trying to find anything we could to stop him,’ was the attitude of the government,” Shkreli said, flanked by his lawyers in a midtown Manhattan conference room Sunday afternoon. “Beating the person up and then trying to find the merits to make up for it—I would have hoped the government wouldn’t take that kind of approach.” The Brooklyn U.S.

Hackers infiltrated the Twitter and YouTube accounts of pharma price-hike creep Martin Shkreli on Sunday — prompting the accused Ponzi schemer to lash out at his cyber-nemeses as “10 years old.” “I don’t know [who did it] . . . Based on what the individual wrote on my Twitter, it sounds like they are 10 years old,” the 32-year-old alleged crook, who was busted on wire- and securities-fraud charges last week, told The Post. The cyber sneaks broke into Shkreli’s Twitter and posted a string of expletive-riddled messages that mocked the disgraced businessman and well-known egomaniac.

Before his account got hacked, Shrekli took to Twitter on Saturday to defend himself, saying the allegations against him “are baseless and without merit”. In the first rogue video, a man who identified himself as British hacker Steven Dawson repeated a post that infiltrators wrote on Shkreli’s Twitter page. The 32-year-old, who tussled with presidential candidates and boasted of his romantic prowess on social media, now says that behavior has been “a bit of an act.” “What do you do when you have the attention of millions of people? He’s been charged with illegally taking stock from biotech firm Retrophin RTRX -4.30% , which Shkreli founded nearly five years ago, to pay off unrelated business debts.

It is uncertain whether trials at five other clinics—the Mayo Clinic, Cleveland Clinic, University of Miami’s Sylvester Cancer Center, Weill Cornell Medical College, and Northwester University’s Lurie Comprehensive Cancer Center—will be halted as well.

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