The feds brought down their fentanyl billionaire — make that former billionaire.
John Kapoor, the founder, former chairman, and former chief executive of Insys Therapeutics, has been convicted of a racketeering conspiracy that involved bribing doctors and lying to insurance companies to boost sales of Subsys, Insys’ powerful opioid drug. Four other Insys executives were also convicted. The conviction is important because all too often when powerful executives orchestrate marketing maneuvers that put patients at risk, they go unpunished even as their companies pay fines or their lieutenants are prosecuted.
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