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Drug company founder, execs convicted in bribe scheme

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The founder of drugmaker Insys Therapeutics Inc. and four co-defendants were found guilty in a bribe scheme.

John Kapoor, who served as the drugmaker's chairman, and former executives Michael Gurry, Richard Simon, Sunrise Lee and Joseph Rowan were found guilty by a federal grand jury of a racketeering conspiracy that misled insurers into paying for an addictive painkiller.

Kapoor and others ochestrated a scheme to bribe doctors and retain them as speakers for sham events, according to the jury decision.

Read more from Reuters.


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