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Retrophin sells products to former CEO Martin Shkreli’s newco Turing Pharma

Executive Summary

Amid management and board shake-ups, including the replacement of its CEO Martin Shkreli, Retrophin Inc. (pediatric orphan and other diseases) scaled down its portfolio and sold Turing Pharmaceuticals LLC three non-core products for $3mm. Martin Shkreli, who also resigned from Retrophin’s board, founded Turing Pharmaceuticals to take over these assets.

Deal Industry
  • Biotechnology
  • Pharmaceuticals
  • Pharmaceuticals
    • Specialty Pharmaceuticals
    • Drug Delivery
      • Nasal
Deal Status
  • Final
Deal Type
  • Alliance
    • Intra-Biotech Deal
    • Marketing (Licensing)
    • Product Purchase

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