The founder of Insys Therapeutics Inc., John Kapoor, was arrested on U.S. charges he was involved in a scheme to bribe doctors to prescribe a fentanyl-based cancer pain drug, according to a Reuters article.
Kapoor, who stepped down as CEO in January, was charged with engaging in conspiracies to commit racketeering, mail fraud and wire fraud in an indictment filed in federal court in Boston, the story said.
He is also a defendant in a case against six former Insys executives and managers, including former CEO Michael Babich. We recently reported the ongoing investigations of Insys related to Subsys, an under-the-tongue spray that contains fentanyl, a highly addictive synthetic opioid.
Read the full story