Ap­peal re­ject­ed, Shkre­li stays in jail; MyoKar­dia brings for­ward piv­otal da­ta read­out

→ Biotech bad boy Mar­tin Shkre­li — who gained no­to­ri­ety for price goug­ing — was im­pris­oned for a dif­fer­ent crime: de­fraud­ing in­vestors in hedge funds he found­ed. On Thurs­day, a fed­er­al judge up­held that con­vic­tion —  ce­ment­ing his time in jail, Reuters re­port­ed. He was giv­en a sev­en-year sen­tence and man­aged to ruf­fle feath­ers even in the con­fined quar­ters of his jail cell af­ter it was re­port­ed he was man­ag­ing the biotech Tur­ing (now re­named Phoenixus) us­ing an il­lic­it mo­bile phone.

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