Page 117 - CL Armchair Case
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APPENDIX
Appendix 1
TIMELINE
2004 Baruch College New York
internship at Cramer Berkowitz & Co
2008 MSMB founded by Shkreli
2011 MSMB 'virtually bankrupt' after Shkreli made a single trade
with Merril Lynch
2011 Retrophin founded
acquired the rights to sell Thiola
June Shkreli offers to buy SeraCare
2014 September 2014 Retrophin increased the price from $1.50
(£1) per pill to more than $30 (£20)
2014 October forced out of Retrophin
2015 Turing Pharmaceuticals was launched in February
Retrophin is in the process of suing Shkreli for $65million
August Daraprim bought for $55m
September Daraprim price hike
September Hilary Clinton announces drug price reforms
October moves begin to remove Shkreli from Turing board