This is the best tl;dr I could make, original reduced by 86%. (I'm a bot)
May 2, 2019.BOSTON - A federal jury on Thursday found the top executives of Insys Therapeutics, a company that sold a fentanyl-based painkiller, guilty of criminal racketeering charges involving bribing doctors to prescribe dangerous opioids to patients who didn't need them.
Company executives were accused of paying doctors to write prescriptions for a much wider pool of patients than the drug was approved for, and misleading insurance companies so they would cover the potent and pricey medication.
With the drug's sales soaring, Insys became a darling of Wall Street, generating annual sales at one point of more than $300 million.
At the Insys trial, the government suggested executives at the Arizona-based company often operated like drug dealers and that Mr. Kapoor was the ringleader.
After doctors prescribed Subsys, the company focused on persuading insurance companies to cover the drug, which can cost thousands of dollars a month.
Last month, the company - which also sells a liquid form of an anti-nausea drug derived from cannabis - announced it was replacing its president and chief executive, Saeed Motahari, who had joined the company in 2017.Related Coverage.
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https://ift.tt/eA8V8J Submitted May 03, 2019 at 01:02AM by autotldr http://bit.ly/2IXCXoy
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