Insys Therapeutics Inc. founder John Kapoor is accused ofhelping fuel the U.S. opioid epidemic by bribing doctors to prescribe a powerful form offentanyl to patients who didn’t need the potent drug.

Kapoor, 74, was arrested Thursday in Arizona and charged withracketeering conspiracy and other felonies. He’s scheduled toappear in a Phoenix court later in the day.

Kapoor and other formerInsys executives are also accused of defrauding insurance companiesthat were reluctant to approve payments for the drug by improperlygetting prior authorization directly from the insurers and pharmacy benefit managers, Acting U.S. AttorneyWilliam Weinreb in Boston said in a press release.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.