‘Pharma Bro’ Martin Shkreli Leaves Federal Prison
The “Pharma Bro” is back in town! Former CEO of pharmaceutical firms Retrophin and Turing Pharmaceuticals Martin Shkreli, often known by his nickname “Pharma Bro,” was released from federal prison in Pennsylvania Wednesday and moved to an undisclosed location at a U.S. Bureau of Prisons halfway house, according to his lawyer.
“Getting out of real prison is easier than getting out of Twitter prison,” Shkreli, 39, wrote on his Facebook page Wednesday.
A photo surfaced online allegedly showing the “Pharma Bro” out in public. The time and date of its capture cannot be currently confirmed.
The photos came from a person who appears to be a friend or associate of Skhrelli, who posted pictures online Wednesday joking that he “picked up this guy hitchiking. Say’s he’s famous.” The friend appears to be Edmund Sullivan, who according to CNBC reports is a former board member of the Skhreli-founded drug company Retrophin, now called Travere Therapeutics.
Picked up this guy hitchhiking. Says he’s famous. pic.twitter.com/7XrQaII7lq
— Edmund Sullivan (@edmundsullivan) May 18, 2022
Shkreli received his initial sentence of 7 years in prison back in March 2018. Reports indicate that Shkreli’s sooner-than-expected exit came as a result of credit he earned for good behavior in prison. The former executive also apparently completed multiple education and rehabilitation programs, further expediting his release.
The pharmaceutical mogul has remained a top target of critics in the mainstream media ever since his decision to raise the price of an uncommon and often lifesaving drug called Daraprim by 5,000 percent back in 2015. The drug’s price tag climbed $13.50 a pill to $750 overnight.
Shkreli has countered this narrative regularly in various interviews over the years, consistently making a public promise that any and all people who cannot afford the drug due to a lack of insurance can simply contact him and receive the lifesaving treatment free of charge. He has explained on numerous occasions that the price hike affects the cost levied towards insurance companies responsible for paying the bill rather than the individual patient.
“I am pleased to report that Martin Shkreli has been released from Allenwood prison and transferred to a BOP halfway house after completing all programs that allowed his prison sentence to be shortened,” said Shkreli’s lawyer Benjamin Brafman in a statement Wednesday.
“While in the halfway house I have encouraged Mr. Shkreli to make no further statement, nor will he or I have any additional comments at this time,” Brafman concluded.
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