Skip to main content

Company Can’t Live Without Martin Shkreli

Kalobios has had a rough week.
  • Author:
  • Updated:

You know what I'm saying.

Or—it might be better and more accurately said—KaloBios, where the Andy Warhol of our generation (and alleged con man) served as CEO until everyone’s favorite early Christmas present, can’t live because of Martin Shkreli. Either way, it’s bankrupt.

The chapter 11 filing, which came near midnight, was an emergency move by a company that feared the turmoil attendant on Mr. Shkreli created an “imminent threat” to its liquidity. The company is asking for a court order to make sure it can hand out Dec. 31 payroll checks to its eight remaining employees.

KaloBios, a small biotech company taken over recently by Mr. Shkreli, last week said it received a delisting letter from the Nasdaq Stock Market, days after Mr. Shkreli wascharged with securities fraud.

Biotech Linked to Martin Shkreli Files for Bankruptcy Protection [WSJ]


FBI Arrests Martin Shkreli On Fraud Charges, Because Karma Isn't A Statute

The hedge fund manager turned pharma CEO should have "turned" more carefully.

Desperate Pharmaceutical Company Hits Rock Bottom, Names Martin Shkreli CEO

Everyone's favorite price-gouging emo-rapping hedge fund-dropout is now CEO of a publicly-traded company.

When Trying To Have Sex With You, Martin Shkreli Is Not A Total A$$hole

Say what you will, but Martin is by all accounts a charmingly lame Tinderfella.

It Turns Out That The Feds Have Been Onto Martin Shkreli For Years

Martin is a victim of what he did last year, and he has been for years...

Martin Shkreli

Martin Shkreli Wants To Keep "Not" Defrauding New Jersey Contractor A Little Longer

But he promises he’ll pay up if John Roberts tells him to.

Martin Shkreli Can't Stop Getting Charged By The Feds

That brings Martin's grand total to far.