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Martin Shkreli Permanently Banned From Pharma Industry, Says N.Y. AG

Martin Shkreli speaks o members of the media  outside federal court in the Brooklyn borough of New York, on Aug. 4, 2017. — Martin Shkreli speaks o members of the media outside federal court in the Brooklyn borough of New York, on Aug. 4, 2017.
Photographer: Peter Foley/Bloomberg

By

Erik Larson and

January 14, 2022, 7:21 PM UTCUpdated onJanuary 14, 2022, 7:53 PM UTC

Martin Shkreli, the convicted “Pharma Bro” who was brought down by a 2015 drug-pricing scandal, was ordered to pay $64 million in damages for monopolizing the market for a life-saving drug.

Shkreli, the former chief executive officer of Vyera Pharmaceuticals LLC, was also banned for life from the pharmaceutical industry in the antitrust ruling Friday by U.S. District Judge Denise Cote in Manhattan.