Pharma Billionaire Arrested – Charged with Bribing Doctors to Prescribe Opioids

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

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

❝ Kapoor and other former Insys executives are also accused of defrauding insurance companies that were reluctant to approve payments for the drug by improperly getting prior authorization directly from the insurers and pharmacy benefit managers…

❝ The opioid epidemic is killing 175 people a day and costing the U.S. economy billions of dollars annually, according to the government. President Donald Trump plans to declare the opioid crisis a public health emergency on Thursday.

Trump did so and – in classic Republican style – refused to allocate or ask for the appropriation of funds to do anything at all to fight this public health emergency. But, he had a chance to smile at the cameras and pretend he isn’t a fake president.

One thought on “Pharma Billionaire Arrested – Charged with Bribing Doctors to Prescribe Opioids

  1. p/s says:

    See also “The Family That Built an Empire of Pain : The Sackler dynasty’s ruthless marketing of painkillers has generated billions of dollars—and millions of addicts.” (New Yorker Oct 30 issue) https://www.newyorker.com/magazine/2017/10/30/the-family-that-built-an-empire-of-pain
    Purdue Pharma—a privately held company, based in Stamford, Connecticut, developed the prescription painkiller OxyContin, which has reportedly generated some thirty-five billion dollars in revenue for Purdue.

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