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Insys Therapeutics, opioid maker implicated in major kickback scheme, files for bankruptcy

Insys Therapeutics, opioid maker implicated in major kickback scheme, files for bankruptcy.

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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