Page 163 - CL Armchair Case
P. 163
TIMELINE
2004 Baruch College New York (BA in Business Administration)
internship at Cramer Berkowitz & Co
2006 Shkreli founds Elea Capital Management
2007 Lehman Brothers sued Elea
2008 MSMB founded by Shkreli
2011 MSMB 'virtually bankrupt' after Shkreli made a single trade
with Merril Lynch
2011 Retrophin founded
June Shkreli offers to buy SeraCare
2012 Retrophin taken public
2014 May acquired the rights to sell Thiola
September Retrophin increased the price of Thiola from
$1.50 (£1) per pill to more than $30 (£20)
October Shkreli forced out of Retrophin by the Board.
2015 Turing Pharmaceuticals was launched in February
Retrophin in the process of suing Shkreli for $65million
