Former CEO pleads guilty to fentanyl spray kickback scheme
Wednesday, 9 January 2019 BOSTON (AP) — The former chief executive of a company that produces a potentially addictive fentanyl spray has admitted to participating in a scheme to bribe doctors into increasing prescriptions to boost sales. Former Insys Therapeutics CEO Michael Babich (BAH'-bich) pleaded guilty to conspiracy and mail fraud Wednesday in federal court in Boston. Babich has agreed to cooperate with prosecutors and is expected to testify against the Chandler, Arizona-based company's wealthy founder, John Kapoor, when he and other executives go on trial this month. They are accused of scheming to pay doctors kickbacks in the form of speaking fees to get them to prescribe the powerful opioid painkiller to more people and in higher doses.
The former chief executive of a company that produces a potentially addictive fentanyl spray pleaded guilty Wednesday to scheming with his colleagues to bribe doctors into increasing prescriptions to boost sales.
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According to Reuters, the former chief executive of Insys Therapeutics pleaded guilty on Wednesday to engaging in a scheme to bribe doctors to prescribe an addictive opioid medication and has agreed to..
Reuters reports The former chief executive of Insys Therapeutics Inc is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive..
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