Drug firm founder pleads not guilty to opioid conspiracy
BOSTON (AP) — The founder of a pharmaceutical company accused of leading a conspiracy to bribe doctors to prescribe a powerful opioid pain medication for people who didn’t need it has pleaded not guilty.
Attorney Brian Kelly told reporters after John Kapoor’s arraignment in Boston’s federal courthouse on Thursday that the Insys Therapeutics Inc. founder is going to fight the case.
Kapoor and other Insys executives are accused of offering kickbacks to doctors to write large numbers of prescriptions for a fentanyl-based pain medication that’s meant for cancer patients.
Kapoor was arrested in Arizona last month and posted a $1 million bail.
Kelly urged the judge to get rid of the requirement that Kapoor wear an electronic monitoring bracelet. Prosecutors say he’s a flight risk.
The judge didn’t immediately rule on the matter Thursday.