The founder of Insys Therapeutics Inc and four colleagues were found guilty on Thursday of bribing doctors to prescribe the drugmaker`s addictive painkiller, helping to drive the U.S. opioid drug abuse crisis.
A federal jury in Boston found John Kapoor, who served as the Chandler, Arizona-based drugmaker`s chairman, and his co-defendants guilty of racketeering conspiracy for a scheme that also misled insurers into paying for the drug.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.