Insys Therapeutics, opioid maker implicated in major kickback scheme, files for bankruptcy
Insys Therapeutics, opioid maker implicated in major kickback scheme, files for bankruptcy.
by Ed Silverman
Jun 10, 2019
2 minutes
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
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