KaloBios Pharma (KBIO) Trading Halt Remains in Effect Despite CEO Firing Update

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Martin Shkreli Says His Twitter Account was Hacked

December 21, 2015 11:17 AM EST

Martin Shkreli said he has regained control of his Twitter account after being hacked.

The former Turing Pharmaceuticals and KaloBios Pharma (NASDAQ: KBIO) CEO was arrested last week for securities fraud related to past dealings with his hedge fund and former company... More

KaloBios Pharma (KBIO) Terminates CEO Martin Shkreli

December 21, 2015 9:33 AM EST

KaloBios Pharmaceuticals, Inc. (Nasdaq: KBIO) announced that on December 17, 2015, Martin Shkreli was terminated as Chief Executive Officer of the Company and resigned from his position as a member of the board of directors. In addition, on December 17, 2015, Tony Chase resigned from... More

Martin Shkreli attributes arrest to drug-price hikes: WSJ

December 21, 2015 1:51 AM EST

(Reuters) - Martin Shkreli, the pharmaceutical entrepreneur facing U.S. charges of securities fraud, has said he had been the target of legal authorities for his much-criticized drug-price hikes and his over-the-top public persona, the Wall Street Journal reported.

Shkreli, who was arrested on Thursday and released soon after on a $5 million bond, has been charged for engaging in what U.S. prosecutors said was a Ponzi-like scheme at his former hedge fund MSMB Capital Management and Retrophin Inc, a company he headed... More