Denise Cote
| Use attributes for filter ! | |
| Gender | Female |
|---|---|
| Age | 78 |
| Born | St. Cloud |
| Minnesota | |
| United States | |
| Appointed by | Bill Clinton |
| Job | Lawyer |
| Judge | |
| Education | Columbia Law School |
| Saint Mary's College | |
| Columbia University | |
| Date of birth | October 13,1946 |
| Zodiac sign | Libra |
| Position | United States federal judge |
| Senior Judge of the United States District Court for the Southern District of New York since 2011 | |
| Previous position | Judge of the United States District Court for the Southern District of New York (1994–2011) |
| Appoint by | Bill Clinton |
| Date of Reg. | |
| Date of Upd. | |
| ID | 580914 |
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Denise Cote Life story
Denise Louise Cote is a senior United States district judge of the United States District Court for the Southern District of New York.
Jailed 'Pharma Bro' Martin Shkreli ordered to repay $64m
Martin Shkreli , the former drug firm executive who ordered dramatic price hikes of a life-saving medicine, has been barred from the industry For Life .
In a decision on Friday, Judge Denise Cote ordered him to repay $64. 6m (£47m) in profits he made from the scheme.
She ruled that Mr Shkreli's actions had violated laws against monopolies.
Mr Shkreli is currently serving a prison sentence for defrauding investors.
But this decision is about action he took in 2015 to raise The Price of Daraprim, a long-established medicine used to treat toxoplasmosis, from $13. 50 to $750 - Around 4,000% - Overnight .
He also designed supply agreements to block competitors from offering a generic version of the unpatented medicine, which is used to treat the parasitic disease in pregnant women and patients with Aids.
The moves were unpopular, and earned him the nick-name " Pharma Bro".
Seven states and the Federal Trade Commission brought a lawsuit over the conduct in 2020, saying he had violated state and federal laws that ban anti-competitive conduct.
In her opinion, US District Judge Cote called Mr Shkreli the " prime mover" in the scheme.
" It was his brainchild and he drove it each step of The Way , " she wrote.
Vyera Pharmaceuticals, which Mr Shkreli founded and was previously known as Turing Pharmaceuticals, earlier agreed to pay $40m.
New York Attorney General Letitia James , one of the officials who brought The Suit , celebrated the decision.
She Said Mr Shkreli and his partner had illegally raised the " price of a life-saving drug as Americans' lives hung in the balance".
" But Americans can rest easy because Martin Shkreli is a Pharma Bro no more. "
Source of news: bbc.com
Denise Cote Photos
