The 76-year-old billionaire orchestrated a scheme of bribes and kickbacks to physicians who prescribed large amounts of a fentanyl spray to patients who didn't need the painkiller.
BOSTON — John Kapoor, the billionaire founder of the pharmaceutical company Insys Therapeutics, will spend 5-and-a-half years in prison for orchestrating a scheme of bribes and kickbacks to physicians who prescribed large amounts of a fentanyl spray to patients who didn't need the painkiller.
In addition to prison, Kapoor, 76, was sentenced to three years of supervised release and must pay a $250,000 fine.Hope in the opioid crisis? Overdose deaths appear to be leveling off as states intensify efforts to save lives Prosecutors asked that Kapoor be taken into custody immediately after the hearing, citing his vast connections overseas. But Burroughs denied that request. Kapoor is set to report to prison March 5. His attorneys requested a facility near Tuscon, Arizona.His attorney, Beth Wilkinson, acknowledged the patients' pain, but said the government misrepresented the “real John Kapoor,” who helped others with other drugs and charity work aimed at cancer.
He said he respected the court's decision, but thinks Kapoor's prison term should have been longer and worries he could flee before reporting to prison. “By the grace of God, I am here to speak for all of us including the ones who lives you took,” Lara said. A federal jury in May convicted Kapoor and four other Insys executives on racketeering charges, marking the first-ever conviction of a drug company CEO in the federal government's fight to combat the opioid crisis. Two other co-conspirators, Babich and Burlakoff, pleaded guilty to charges last January.The convictions were hailed as victories on the legal front in the government's efforts to fight the rising number of opioid overdoses.
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