UPDATE 2-Drug company founder, execs exploited patients to sell opioid -U.S. prosecutor [Reuters (UK)]
INSYS THERAPEUTICS (INSY)
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Source: Reuters
Drug company founder, execs exploited patients to sell opioid: U.S. prosecutor | Reuters 3 Min Read BOSTON (Reuters) - The founder of Insys Therapeutics Inc put profits over patient safety by bribing doctors to prescribe an addictive fentanyl spray, fueling the U.S. opioid epidemic, a federal prosecutor said on Thursday at the end of a landmark trial. John Kapoor, the drugmaker’s former chairman, and four colleagues are the first executives of a painkiller manufacturer to face trial for conduct that authorities say was tied to a drug abuse epidemic that kills tens of thousands of Americans each year. Kapoor was arrested in 2017 on the same day U.S. President Donald Trump declared the opioid crisis a public health emergency. In 2017, a record 47,600 people died of opioid-related overdoses, according to the U.S. Centers for Disease Control and Prevention. Assistant U.S. Attorney Nathaniel Yeager told a federal jury in Boston in his closing argument that Kapoor sought to eliminate the ri
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