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Stock impact report

Drug company put 'profits over patients' with opioid push: prosecutors [FOX News]

INSYS THERAPEUTICS (INSY) 
Last insys therapeutics earnings: 11/5 04:16 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.insysrx.com
Company Research Source: FOX News
Drug company put 'profits over patients' with opioid push: prosecutors close Video Prosecutors say drug company paid doctors to promote or prescribe its fentanyl drug spray Top executives at the Arizona-based drug company Insys Therapeutics opioid spray Insys founder and majority owner John Kapoor, 74, and four other former executives are accused of racketeering conspiracy and other charges. Two others, former Insys CEO Michael Babich and former vice president of sales Alec Burlakoff, have already pleaded guilty and testified against their onetime colleagues. According to prosecutors, Insys paid doctors hundreds of thousands of doctors to act as speakers at events meant to educate the public about Subsys, which federal regulators have only approved to treat severe pain in cancer patients. The doctors often lectured to empty rooms but were still paid as long as they wrote prescriptions for Subsys outside the usual course of treatment. NEW YORK SUES MAKERS OF OXYCONTIN DAYS AFTER COMPAN Show less Read more
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