Martin Shkreli's former company had a $23,000 yacht party while claiming it was losing money
Oversight and Reform Comitteee via YouTube
At the same time, they were able to throw a $23,000 "sales force meeting" on a yacht, complete with fireworks and cigar roller.
Turing's Chief Commercial Officer Nancy Retzlaff confirmed the spending in a hearing on drug pricing held by the House Oversight and Reform Committee.
Among the $23,000 party expenditures? $800 spent on a cigar roller, Rep. Jason Chaffetz (R-UT) pointed out.
In addition, Chaffetz noted that a number of Turing employees received major raises while coming under fire for its increase in price of Daraprim from $13.50 to $750.
Oversight and Reform Committee via YouTube
Chaffetz also mentioned that all Turing employees were scheduled to get 30% pay bonuses "across the board," though Retzlaff said those haven't been paid out.
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance