John Kapoor Archives - Northwest Public Broadcasting

Pharmaceutical Executives Face Prison Time In Case Linked To Opioid Crisis

By NPR News January 13, 2020

John Kapoor, founder of Arizona-based Insys Therapeutics, is scheduled to be sentenced this month. Boston Globe/Boston Globe via Getty Images

John Kapoor, the former billionaire who founded drugmaker Insys Therapeutics, is among the executives to be sentenced for racketeering.Read More

Pharma Company Insys Files For Chapter 11, Days After Opioid Settlement Of $225 Million

By NPR News June 10, 2019

Insys Therapeutics founder John Kapoor departs federal court in Boston, Jan. 30. On Monday the company filed for Chapter 11 bankruptcy, saying it needs to sell its assets to pay back creditors. Kapoor, who was convicted last month of racketeering, owns more than 63% of the company. Steven Senne/AP

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.Read More

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