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Unit of Drugmaker Insys Pleads Guilty to U.S. Opioid Bribe Scheme

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Unit of Drugmaker Insys Pleads Guilty to U.S. Opioid Bribe Scheme

Unit of Drugmaker Insys Pleads Guilty to U.S. Opioid Bribe Scheme

According to Reuters, a unit of Insys Therapeutics pleaded guilty on Friday to fraud charges as part of an $225 million deal with the U.S. Justice Department resolving claims that the drugmaker bribed doctors to prescribe an addictive opioid medication.

The plea deal was announced on Wednesday, a month after a federal jury found wealthy Insys founder John Kapoor guilty of engaging in a vast racketeering conspiracy.

Insys is facing growing financial pressures as a result of the U.S. probe and a decline in sales of its flagship fentanyl pain product.

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