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Insurers sue 'pharma bro' Martin Shkreli, company for alleged price gouging


MedCity News
Insurers sue ‘pharma bro’ Martin Shkreli, company for alleged price gouging
Blue Cross and Blue Shield of Minnesota has filed a class-action lawsuit on behalf of itself and insurers from 30-plus states against Martin Shkreli and Vyera Pharmaceuticals. The suit alleges the defendants intentionally monopolized the market for Daraprim to raise the price of the drug by more than 4,000%.
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The suit, filed March 4, claims that Vyera Pharmaceuticals intentionally monopolized the market for Daraprim the leading treatment for toxoplasmosis, a parasitic infection that can be fatal for those with compromised immune systems.
The company monopolized the market in order to increase the price of the drug by more than 4,000%, the suit alleges. ....

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