A pharmaceutical company founder is sentenced to more than 5 years in opioid bribery case - News Summed Up

A pharmaceutical company founder is sentenced to more than 5 years in opioid bribery case


(CNN) The founder of pharmaceutical company Insys Therapeutics has been sentenced to 5 years and 5 months in prison for overseeing a scheme to bribe medical professionals to use his fentanyl-based medication, federal officials said. John Kapoor, 76, of Phoenix, and four top Insys executives, were convicted of racketeering conspiracy by a federal jury in May. Kapoor was sentenced Thursday and along with the prison term, he was ordered to pay forfeiture and restitution to be determined at a later date and will be under three years of supervised release. Subsys is a highly addictive synthetic opioid that was intended to manage cancer pain. The convictions for mail fraud and wire fraud types of predicate racketeering stood for the five executives.


Source: CNN January 24, 2020 21:45 UTC



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