By: Shannon Persad
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Insys Therapeutics: Pharmaceutical Founder Sentenced to Prison
Pharmaceutical companies continue to feel the accusations of fueling the opioid epidemic. In the last year, companies like Johnson & Johnson and Purdue Pharma have settled lawsuits worth over $1 billion, but many are not satisfied. Some companies have even filed bankruptcy to reduce the costs of litigations as they go through hundreds of lawsuits with accusations of starting the opioid crisis.
John Kapoor, the founder of Insys Therapeutics, will be sentenced in the next upcoming weeks. Prosecutors want 15 years, while his founders want 1 year—but the fact remains, he will be in jail for his company’s deceptive actions, causing overprescribing and abuse.
Insys Developed Subsys, Which Was Overprescribed
According to NPR:
“Federal prosecutors argued that from 2012 to 2015, the company paid doctors to prescribe the opioid in high doses and give it to patients who did not necessarily need it. They did this through inviting doctors with a history of liberally prescribing opioids to participate in a sham “speakers program.” The federal prosecutors said the doctors were paid well for “speaking” if they wrote a lot of prescriptions for Subsys, even if nobody showed up to the lectures. Insys representatives then systematically lied to insurance companies in an effort to ensure that their painkiller, which could cost as much as $19,000 per month, would be covered.”
In June 2019, the company settled $225 million as it was founded guilty of bribing doctors.
According to the Wall Street Journal, while Insys was the first company to file bankruptcy, it won a case to pay less than a dime for each dollar it owes to people, states, tribes, etc., claiming damages from the opioid epidemic.
The National Institute on Drug Abuse states, “The misuse of and addiction to opioids—including prescription pain relievers, heroin, and synthetic opioids such as fentanyl—is a serious national crisis that affects public health as well as social and economic welfare.”
If you or someone you know is suffering from opioid addiction, seek professional help now by calling ATSI Rehab at (855)-498-2121.