"US Court Upholds Martin Shkreli's Lifetime Ban from Pharmaceutical Industry"
Martin Shkreli, infamously known as "pharma bro," has had his lifetime ban from the pharmaceutical industry upheld by a US court. The ban was imposed due to his antitrust violations, including the astronomical price increase of a life-saving drug. Shkreli's appeal was rejected, and he was ordered to repay $64.6m. The court emphasized the likelihood of his past misconduct recurring and the life-threatening nature of its results. Shkreli's lawyer indicated the possibility of a further appeal, while the FTC hailed the decision as a win for consumers seeking affordable medication.
