Which company Shkreli raised the price of a drug?
Turing Pharmaceuticals
Retrophin
Elea Capital
MSMB Healthcare
Answer
The company Turing Pharmaceuticals, led by former CEO Martin Shkreli, gained notoriety in 2015 for drastically increasing the price of the life-saving drug Daraprim, a medication used to treat a parasitic infection called toxoplasmosis. The cost of a single pill was raised from $13.50 to $750 overnight, sparking widespread public outrage and scrutiny of the pharmaceutical industry's pricing practices.
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