Blue Cross and Blue Shield of Minnesota

Insurers sue ‘pharma bro’ Martin Shkreli, company for alleged price gouging

Blue Cross and Blue Shield of Minnesota has filed a class-action lawsuit — on behalf of itself and insurers from 30-plus states — against Martin Shkreli and Vyera Pharmaceuticals. The suit alleges the defendants intentionally monopolized the market for Daraprim to raise the price of the drug by more than 4,000%.