Insys Therapeutics (INSY) announced Monday it had filed for bankruptcy and will sell most of its assets, just days after agreeing to pay $225 million to settle charges of bribing doctors to boost prescriptions of its addictive painkiller.
The filing, which was widely signaled, also comes weeks after a federal jury in Boston convicted Insys founder and former billionaire John Kapoor, along with four other former executives, of racketeering charges that contributed to the opioid crisis ravaging the U.S.
Insys and the profiteers are getting what is deserved for their utterly ruthless, calloused and endless greed. But where meanwhile are the companies and policies that provide swift access for anti-dotes and for “kick-off” drugs ?????
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