KaloBios Says Martin Shkreli Terminated as CEO

December 21, 2015 3:03 PM

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Martin Shkreli was fired as chief executive officer of KaloBios Pharmaceuticals Inc. following his arrest last week on charges of securities fraud.

Shkreli and Tony Chase also resigned from the board of directors, the drugmaker said Monday in a statement. The company didn’t name Shkreli’s successor.

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