John Kapoor, the billionaire founder of the Arizona-based drug company Insys Therapeutics Inc., pleaded not guilty to charges he participated in a scheme to pay kickbacks to doctors to push sales of the company’s potent fentanyl spray, Subsys. Last month, Kapoor resigned from the company’s board of directors following the resignation of Insys’s majority shareholder and chief executive officer, who was charged with engaging in conspiracies to commit racketeering, mail fraud and wire fraud. Board member Patrick Fourteau also resigned citing personal reasons. Six former Insys executives and managers face similar charges – Michael Babich, Alec Burlakoff, Michael J. Gurry, Richard ... Read More
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