BOSTON—John N. Kapoor, a former billionaire who founded opioid maker Insys Therapeutics Inc., was sentenced to 5½ years in prison for his role in a racketeering conspiracy to illegally boost sales of his company’s prescription fentanyl drug. The sentencing Thursday caps the fall of a former pharmaceutical industry highflier, along with the company he founded and several fellow executives. Insys’s market value reached a high of $3.2 billion in 2015 thanks to the sales from its fentanyl drug Subsys. On Thursday, the company’s...

Source: Wall Street Journal January 23, 2020 21:35 UTC