addiction recovery ebulletin pharma ceo guilty of kickbacks
January 10, 2019 – Michael Babich, the former CEO at Insys Therapeutics, pleaded guilty in federal court in Boston on Wednesday for his role in a nationwide scheme to bribe physicians to prescribe the company’s oral-spray painkillers meant for cancer patients facing extreme pain. “It is very important that companies like Insys be held responsible for corrupting the medical community, as well as endangering and sometimes killing innocent patients,” said attorney Mike Moore, who’s leading some efforts to sue pharmaceutical companies two decades after securing a massive settlement against tobacco companies. Moore, the former Mississippi attorney general, added, “Greed is alive and well in the pharma business and must be weeded out.”
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