Pharma Douche Fired From Second Company

NBC News reports:

Martin Shkreli, the embattled health care businessman, has been let go by KaloBios Pharmaceuticals — one of the companies he had headed. KaloBios, which has a market cap of less than $100 million, hasn’t traded since last Thursday. It was halted about 10 minutes after news of Shkreli’s arrest. The company said the alleged fraudster was “terminated” as CEO, and he resigned from his post as a member of its board.

Douche boy is currently free on $5M bond. More from New York Magazine:



This morning, The Wall Street Journal published the first story with comments from Shkreli about his arrest; the defendant thinks that federal authorities were just trying to get him because of the price-gouging and recent events in the Shkreli saga, a strategy which he described as “’trying to find anything we could to stop him.'” According to the New York Daily News, the Securities and Exchange Commission first started investigating Shkreli back in 2012.

He also revealed that his entire persona was “a bit of an act,” according to him. “Most people don’t know the real Martin Shkreli,” he added. “I think it would make sense to show them.” The Wall Street Journal noted that Shkreli “compared the more extreme of his myriad public actions … to temporarily adopting an accent.”

mtg