Shkreli steps down as head of Turing

December 18, 2015 6:10 pm Published by

Shkreli resigns as head of Turing following arrest

  • 18 December 2015
  • From the section Business

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Martin Shkreli has resigned as chief executive officer of Turing Pharmaceuticals following his arrest, the company has said.

Ron Tilles will take over from Mr Shkreli, who has been accused of securities fraud in relation to a drug company and a hedge fund he managed.

Turing and Mr Shkreli became infamous in the US for raising the price of an HIV drug by 5,000% earlier this year.

His arrest was unrelated to this.

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