BOSTON - Prosecutors on Thursday will present their closing arguments in the trial of the wealthy founder of pharmaceutical company Insys Therapeutics Inc and four colleagues accused of contributing to the U.S. opioid epidemic by bribing doctors to prescribe an addictive fentanyl spray.
Prosecutors say Kapoor oversaw a wide-ranging scheme to bribe doctors nationwide by retaining them to act as speakers at poorly-attended sham events at restaurants ostensibly meant to educate clinicians about its fentanyl spray, Subsys. All five have pleaded not guilty to racketeering conspiracy. Lawyers for Kapoor acknowledge that Insys paid doctors but contend that he believed they really were being paid to talk up the product’s benefits.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York adds owners of company that makes OxyContin to lawsuit against opioid makers, distributorsNew York adds owners of company that makes OxyContin to lawsuit against opioid makers and distributors. Yeah, keep blaming the makers cause it's so easy for the rest of us who use our meds responsibly try blaming the addicts! Try blaming doctors ! Good How about the researchers who actually developed and ran trials on it?
Source: ABC - 🏆 471. / 51 Read more »
Huawei reports $8.8 billion in annual profit, despite US campaign against companyHuawei made bumper profits in 2018, but reported negative growth in its carrier business (the segment that provides telecommunications products to carriers around the world) -- a potential sign of strain in the face of a US-led campaign against the company Wasabi! 'US led campaign'? bruv this company has shady dealings with chinese govts...
Source: CNN - 🏆 4. / 95 Read more »
Mueller's Mystery Grand Jury Company Name to Remain Under WrapsCiting prosecutors’ March 27 revelation that the grand jury investigation initiated by Mueller is 'continuing robustly,' and the company’s stated desire that its identity remain secret, Chief U.S. District Judge Beryl Howell denied a request by the Reporters Committee for Freedom of the press
Source: YahooNews - 🏆 380. / 59 Read more »