Opioid manufacturer Insys Therapeutics agreed to a global resolution to settle the government’s separate criminal and civil investigations, the Department of Justice announced today. As part of the criminal resolution, Insys will enter into a deferred prosecution agreement with the government, Insys’s operating subsidiary will plead guilty to five counts of mail fraud, and the […]
Insys Defendants Bribed Doctors to Prescribe Painkillers to Those That Didn’t Need It…
Five former executives of Insys Therapeutics, including its founder, onetime billionaire John N. Kapoor, were convicted Thursday of racketeering conspiracy for bribing doctors to prescribe a highly addictive painkiller to patients who didn’t need it and tricking insurers into paying for it. In what was believed to be the first criminal trial of pharmaceutical executives […]
Billionaire Owner of Pharmaceutical Company Arrested for Fraud and Racketeering…
A drug company founder charged with leading a nationwide conspiracy to bribe doctors and pharmacists to widely prescribe a highly addictive opioid painkiller to people who didn’t need it came to the U.S. from India for postgraduate studies and for a time was listed among Arizona’s richest billionaires. John N. Kapoor launched Insys Therapeutics, which […]
Illinois AG Sues Insys Therapeutics Over Deceptive Marketing Practices of ‘Opiod’ Products…
In a lawsuit filed by the state of Illinois, Insys Therapeutics Inc. has been accused of deceptive marketing practices involving a cancer drug and using “sham” speaking…