Christmas Comes Early for Social Media as Reviled Pharma CEO Is Arrested
Turing Pharmaceuticals CEO Shkreli became a media phenomenon in September when he arbitrarily jacked up the price of a life-saving drug by 5,000%. The baby-faced drug lord seemed to relish his status as 2015's Most Hated Man in America, and often took to Twitter to bash back at his critics. Just last week he made headlines again when Bloomberg revealed him to be the mystery buyer of the $2-million single-copy Wu-Tang Clan album.
All this, of course, as the pharmaceutical industry could desperately use some good PR, given the American Medical Association's recent call to stop direct-to-consumer pharma ads in the United States.
This morning, given that he's in FBI custody for suspected securities fraud, Shkreli is silent on Twitter, but his name is a global trending topic as the Twittersphere celebrates his downfall. Some choice reactions:
Best. News. Ever!! It's a Christmas miracle!! https://t.co/pCxQiioAK2— Jeremy Chambers (@Mac_4_Life) December 17, 2015
Honestly, the plotting on this season of "Christmas" feels a little too pat https://t.co/DXr3zfvQfv— David A. Graham (@GrahamDavidA) December 17, 2015
Wait, Martin Shkreli is in jail? Are the criminals ok?— John Fugelsang (@JohnFugelsang) December 17, 2015
Martin Shkreli is proof that The Secret also works in reverse: If everybody in the universe hopes for it hard enough, you will go to jail.— Joe Berkowitz (@JoeBerkowitz) December 17, 2015
I feel like we'd have to invent Martin Shkreli if he didn't exist.— Benjy Sarlin (@BenjySarlin) December 17, 2015
Sitting in a Tokyo bar, trying to come up with the perfect Martin Shkreli tweet.— Todd Barry (@toddbarry) December 17, 2015
Simon Dumenco, aka Media Guy, is an Ad Age editor-at-large. You can follow him on Twitter @simondumenco.