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Already in Prison,


Already in Prison, Pharma Bro hit with Class Action Suit for Drug Monopoly
Diane Lilli
3/11/21
The youthful pharmaceutical CEO Martin Shrekli, nicknamed “Pharma Bro”, and “the most hated man in America, has been hit with a class-action lawsuit. Health insurers filed the lawsuit, alleging Shrekli plotted to create a drug monopoly.
The insurers are seeking damages to be determined by market overcharges in a trial by jury. The plaintiffs represent numerous third-party payers from thirty states.
Blue Cross Blue Shield of Minnesota filed their lawsuit in Manhattan federal court, alleging Shrekli and his corporation Vyera Pharmaceuticals schemed to create a pharmaceutical monopoly and worked to prevent competitors from getting their hands on free Daraprim samples. ....

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