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Facebook Post Sends Martin Shkreli to Jail

You remember Martin Shkreli, right? He’s the guy who founded Turing Pharmaceuticals, and then acquired the only marketing rights in the U.S. to pyrimethamine (a drug used by, among others, HIV patients), marketed in the U.S. as Daraprim, boosting the price by 5500% per dose. Well, he wasn’t convicted for doing that, but he was convicted for securities fraud, and has been out on bail while awaiting sentencing. Except, a post that he made on Facebook just got him sent to jail. For a post he made on social media. Let’s repeat that – someone is going to jail for a post they made on Facebook. Here’s what Martin Shkreli’s post said:

martin shkreli trying to make a buck
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The Turing Daraprim Outrage Explained and How the Internet Shamed Martin Shkreli to Retract the Rate Hike

By now you’ve undoubtedly heard of how Martin Shkreli and his Turing Pharmaceuticals acquired the rights to Daraprim, and immediately jacked up the price of Daraprim from $13.50 a pill to $750 a pill. And you may have heard that Shkreli backed down yesterday and said that the price on Daraprim (generic name pyrimethamine) would not go up quite so dramatically (although he hasn’t announced the new price yet). But you may not realize just how much of a role the Internet has played in this story.