Pursuits

Valeant, Turing Slammed as Shkreli Calls Congress ‘Imbeciles’

  • Martin Shkreli declines to answer committees's questions
  • Questioning of drug executives continues in Washington

Watch Martin Shkreli Take the Fifth and Laugh at Congress

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Members of Congress strongly criticized Valeant Pharmaceuticals International Inc. and Turing Pharmaceuticals AG, accusing the companies of dramatically increasing the price of drugs.

The hearing in Washington was heated and at times a puzzling spectacle, with controversial pharma executive Martin Shkreli smirking throughout but refusing to testify after the Fifth Amendment, his lawyer being asked at one point to stay seated, and Shkreli later taking to Twitter to insult lawmakers.