Martin Shkreli, the so-called pharma bro embroiled in a drug-pricing scandal, was banned for life from the pharmaceutical industry on Friday after a federal court found that he engaged in illegal and monopolistic behavior.

Mr. Shkreli was also ordered to pay nearly $65 million in profits that he and his former company made from illegally boosting prices of the Daraprim drug. That figure is on top of the $40 million that Vyera Pharmaceuticals LLC, which Mr. Shkreli ran as chief executive when it was called Turing Pharmaceuticals AG, was ordered to pay in December in a settlement with the Federal Trade Commission.

This post first appeared on wsj.com

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