Pharmaceutical CEO Refuses To Testify To Congress, Smirks at Panel


Pharmaceutical CEO Martin Shkreli refused to testify before Congress Thursday.

The House Oversight and Government Reform Committee called for the hearing after Shkreli raised the price of Daraprim more than 5,000%, to $750.  Daraprim is used to treat toxoplasmosis.  It can also prevent malaria and other kinds of infections.

“I call this money ‘blood money'” said Rep. Elijah Cummings (D-MD) during the hearing.  He lashed out at Shkreli for the price hike.

Shkreli’s attorney tried speaking on his client’s behalf, but was told to sit back down.  Cummings then urged Shkreli to lower the drug’s price.  But, Shkreli laughed at him.

Shkreli took to social media after the hearing to call Congress, “imbeciles.”

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