Drew Angerer/Getty Images
Martin Shkreli is a free man. Shkreli walked out of prison a free man on Wednesday, May 18, and into a halfway house where he will be on home confinement until September 14.
A friend picked Shkreli up from prison in Pennsylvania on Wednesday.
"Picked up this guy hitchhiking. Says he's famous," he tweeted.
The so-called "Pharma Bro" was once the most hated man in America.
Shkreli got the attention of the Federal Trade Commission (FTC) when he hiked the price of a life-saving AIDS drug by 5,000%.
After a federal investigation into his former company in 2017, Shkreli was sentenced to serve 7 years in prison for securities fraud.
A judge revoked his $5 million bond when he threatened Hillary Clinton while appealing his conviction.
While in prison, Shkreli agreed to pay $40 million to consumers to settle the price gouging allegations.
He was also ordered to pay $64.6 million he earned in profit from the price hike. And he is banned from ever working in the pharmaceutical industry again.
Shealah Craighead/White House
A group of doctors are holding a "White Coat Summit" on Capitol Hill to address the "massive disinformation campaign" about the coronavirus to which "American life has fallen casualty."
President Donald J. Trump is applauded by physicians as he signs a series of Executive Orders on lowering drug prices on Friday, July 24, 2020, at the White House.
The doctors criticize "so-called experts", news media outlets and celebrities for engaging in misinformation that holds Americans hostage and threatens the constitution.
According to the events' website, "the purpose of the inaugural White Coat Summit is to empower Americans to stop living in fear."
"If Americans continue to let so-called experts and media personalities make their decisions, the great American experiment of a Constitutional Republic with Representative Democracy, will cease," the doctors said on the event's information page.
Panels will present discussions on Schools Reopening; Real Facts Behind the Virus, Identifying Hoaxes; Fear; Medical Cancel Culture, and Follow the Money.
Photo by BACKGRID
Millions of Americans, such as Reginae Carter, daughter of rapper Lil Wayne, are forced to wear face masks, despite studies in the Journal of American Medicine that show face masks do not block or slow down viruses.
Face masks are worn by doctors to prevent the transfer of bacteria, not a virus, which is 1000 times smaller than a single bacteria. A virus can easily pass through a mask.
The White Coat Summit begins Monday, July 27, at 8:30 a.m.
A major opioid manufacturer vows to stop marketing the drugs that are at the forefront a nationwide opioid addiction crisis. Purdue Pharma will no longer market opioids, including Oxycontin, to doctors and their patients.
Purdue was recently served with lawsuits linking the drug maker to the ongoing opioid crisis.
Read more »
Martin Shkrell is not so bad after all. The 32-year-old hedge fund manager sparked a public outcry when he raised price of an anti-parasitic drug from $13.50 a pill to $750 a pill.
Shkreli purchased the rights to sell Daraprim, a drug that treats potentially deadly parasitic infections in the elderly, infants, and AIDS patients.
The 5,000% price increase drew sharp criticism from lawmakers as well as infectious disease specialists.
Read more »
Lawmakers and AIDS specialists are protesting the "overnight" increase of a drug that helps to battle parasitic infections in the elderly, infants, and AIDS patients.
The rights to the 62-year-old drug, called Daraprim, was purchased in August by Turing Pharmaceuticals, a small start-up company founded by Martin Shkreli.
Read more »
A pill that increases female sexual libido by boosting Dopamine in the brain has been rejected by the Food and Drug Administration (FDA), The Atlanta Journal-Constitution reports.
Sprout Pharmaceuticals plans to appeal again to the FDA to approve its drug flibanserin. The FDA questioned whether the drug's benefits outweighed the risks including the side effects fatigue, dizziness and nausea.
Read more »