It Was Shkreli's Show, But Pharma Was On Trial

The House Oversight and Government Reform Committee hearing on drug prices was the hottest spot in a very damp and cold Washington on Feb. 4 and former Turing Pharmaceutical Inc. CEO Martin Shkreli gave lawmakers and the overflow-crowd in attendance what they were anticipating: Several big smirky smiles, a lot of eye rolling and a refusal to testify – citing his "Act of Production Privilege" under the Fifth Amendment to the US Constitution at the advice of his counsel.

And lawmakers were irked, with the panel's ranking member, Rep. Elijah Cummings (D-MD), rebuking Shkreli for sneering during the congressman's...