Drug company founder, execs convicted of bribe scheme that fueled U.S. opioid epidemic

FILE PHOTO: John Kapoor (R), the billionaire founder of Insys Therapeutics Inc., leaves the federal courthouse during the trial accusing Insys executives of a wide-ranging scheme to bribe doctors to prescribe an addictive opioid medication, in Boston, Massachusetts, U.S., March 13, 2019. Picture taken March 13, 2019. REUTERS/Brian Snyder

BOSTON (Reuters) – 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.

Reporting by Nate Raymond in Boston; Editing by Bill Berkrot

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