Couldn't have happened to a worse guy.
Martin Shkreli has been fired as CEO of KaloBios Pharmaceuticals, a company that the controversial hedge fund investor had purchased just a month ago after his controversial decision to price-gouge an HIV drug for a separate pharmaceutical company.
The most recent firing comes after Shkreli was arrested on securities fraud charges for allegedly running a Ponzi-like scheme at his former pharmaceutical company (that, in addition to raising the prices of a life-saving drug to fight HIV from $13.50 to $750.00).
In a regulatory filing revealed on Monday after Shkreli's resignation, the KaloBios was quick to note:
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