Illumina to lay off 10% of research and development team

AdobeSANDIEGO—Monthsafterannouncingplanstocutcostsby$100million,DNAsequencinggiantIlluminahasbegunto AdobeFindinganewmedicineisnevereasy.Butdevelopingtreatmentsforpatientswithrarediseases—conditionstha




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Martin Shkreli Securities Fraud Trial
Kevin Hagen/Getty Images

Is this the end of the line for the “pharma bro” with the perpetual smirk?

Martin Skhreli was found guilty on Friday of three counts of fraud after a five-week trial in federal court in Brooklyn, N.Y. He faces a prison sentence that could stretch years.

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“This was a witch hunt of epic proportions,” Shkreli said outside court after the verdict, the Washington Post reported. “They may have found some broomsticks.”

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