Former Billionaire John Kapoor Convicted In Opioid Bribery Trial - News Summed Up

Former Billionaire John Kapoor Convicted In Opioid Bribery Trial


Former billionaire Insys Therapeutics founder John Kapoor pictured leaving U.S. District Court in Phoenix in October 2017. AP PHOTO/ROSS D. FRANKLIN, FILEAfter more than three weeks of deliberation, a federal jury has found Insys Therapeutics founder John Kapoor, as well as three former Insys managers, guilty of racketeering conspiracy. The trial against former billionaire Kapoor and four other company executives began in January and lasted into April. The executives were accused of conspiring to bribe clinicians to prescribe the company's potent fentanyl spray medication off-label. During an interview for the story, Kapoor told Forbes: "My involvement is I am an investor."


Source: Forbes May 02, 2019 18:50 UTC



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