Page 102 - CL Armchair Case
P. 102
However, events were beginning to move against Shkreli
"As early as next week, the Board should remove Martin as
CEO. ... the price drop has to be significant and tied to
something. ... This cannot be seen as something that
appears to be as arbitrary as the price hike in the first
place." — Outside PR consultant, Oct. 8. (4)
Moreover, earlier in the month, New York Attorney General
Eric Schneiderman's antitrust bureau said it was
investigating Turing Pharamaceuticals over concerns that
the company might be 'unlawfully' restraining competition.
It was thought that Turing was reportedly doing this by
distributing Daraprim through a limited number of specialty
pharmacies in order to prevent generic manufacturers from
obtaining access to samples to make their own version.