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A 1972 University at Buffalo graduate and founder of an Arizona-based pharmaceutical company has been sentenced to 5 1/2 years in prison for his role in a…
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John Kapoor, the former billionaire who founded drugmaker Insys Therapeutics, is among the executives to be sentenced for racketeering.
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A drug maker accused of using bribes and kickbacks to encourage doctors to prescribe a highly addictive opioid painkiller has won a partial reprieve in federal court.
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The maker of a highly addictive fentanyl-based drug wants to sell its assets to pay some $250 million in debts. The move could let the company out of part of the settlement deal reached last week.
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The company agreed to make the payments to resolve federal criminal and civil investigations of its marketing practices. Five of its executives were convicted separately for the same practices.
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The University at Buffalo Council has passed a resolution to “un-name” the pharmacy school building named in honor of John Kapoor. Kapoor was convicted of…
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The federal government accused John Kapoor, the founder of Insys Therapeutics, and his co-defendants of running a nationwide bribery scheme that contributed to the opioid crisis.