“Pharma Bro” Shkreli’s Former Pharmaceutical Company Pays $40 Million To Settle Antitrust Suit
A bipartisan group of AGs, led by New York AG Letitia James, and the FTC reached a settlement with pharmaceutical company Vyera Pharmaceuticals (formerly known as Turing Pharmaceuticals) and its parent company (collectively “Vyera”) as well as one of its former CEOs, Kevin Mulleady, to resolve allegations that Vyera engaged in anticompetitive and monopolistic practices in violation of the FTC Act, the Sherman Act, and state antitrust laws.
The complaint alleged that Vyera, Mulleady, and another former CEO, […]