Martin Shkreli’s former company is losing money, watching sales of its famously costly medicine slip while considering yet another name change.

Vyera Pharmaceuticals, formerly called Turing Pharmaceuticals, lost more than $1 million in the first quarter of 2018, according to financial documents obtained by STAT. Sales, driven by the $750-a-pill Daraprim, have been on the wane over the past two years, falling more than 14 percent in 2017 and on pace to drop another 7 percent in 2018.

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  • The problem with this article is that you don’t separate R&D. This is voluntarily high and not a mandatory expense. I could be wrong but this is the company’s objective. Unlike large pharma they reinvest almost every $ to develop new and better drugs

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