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Former Insys CEO To Plead Guilty To Scheme
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9 Jan 2019 11:34 AM EST

Reuters reports The former chief executive of Insys Therapeutics Inc is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive opioid medication. Michael Babich, who resigned as the Arizona-based drugmaker’s CEO in 2015, is scheduled to appear in federal court in Boston and plead guilty to conspiracy and mail fraud charges, according to court papers. His plea comes weeks before a five former Insys executives and managers are scheduled to face trial over the wide-ranging scheme.

 

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