subsys

Insys Therapeutics founder John Kapoor was convicted in a bribery and kickback scheme that prosecutors said helped fuel the opioid crisis.

National
Health & Safety

Pharmaceutical Executive John Kapoor Sentenced To 66 Months In Prison In Opioid Trial

6:29pm January 23, 2020

His sentencing is the culmination of a months-long criminal trial that resulted in the first successful prosecution of pharmaceutical executives tied to the opioid epidemic.

Insys Therapeutics founder John Kapoor departs federal court in Boston, Jan. 30. On Monday the company filed for Chapter 11 bankruptcy, saying it needs to sell its assets to pay back creditors. Kapoor, who was convicted last month of racketeering, owns mo

National
Health & Safety

Insys Files For Chapter 11, Days After Landmark Opioid Settlement Of $225 Million

4:56pm June 10, 2019

by Vanessa Romo

The maker of a highly addictive fentanyl-based drug wants to sell its assets to pay some $250 million in debts. The move could let the company out of part of the settlement deal reached last week.