Comment Re:Making money is not a "moral requirement" (Score 1) 670
The government couldn't get him on hiking the price of the drugs, they got him on securities fraud.
He is very clearly the exception and even then not even a good case study about the actual issue https://www.pharmacist.com/art... the company actually selling the drug that he was a CEO of didn't drop the price, he was dumb enough to take the heat off of them and now they get to rake in the profits.
Just checking his history he did this exact thing before tiopronin (brand name, Thiola) was spiked in price from $1.50 to $30 a pill but this time he wisely kept out of the public spotlight and got away with pretty much zero consequences. So maybe if the person is that cocky / stupid that they create so much public pressure that they end up denounced by pretty much all the presidential candidates and find themselves in a congressional hearing and then all the government can get to stick are three securities fraud charges which got him a whopping 7 years in jail and 7.5 million fine (his net worth now is 27.1 million).
That doesn't sound like the government has much control if such an extreme case like Shkreli will be free in less than a decade. None of the drugs he spiked in price have gone back down to anywhere near the pre-Shkreli price spikes so the damage is pretty much done and is not reversing nor do I expect it ever will.