January 29, 2021

Founder of Insys Therapeutics to pay New Jersey $5 million in settlement for Opioid Crisis

John N. Kapoor, founder of Insys Therapeutics, will pay New Jersey $5 million to settle allegations that he directed and approved a campaign that fraudulently marketed the sublingual fentanyl spray Subsys. This settlement does not absolve the state’s current suit against Kapoor’s company, however. New Jersey Attorney General Gurbir Grewal stated that most of the money will be allocated to help fund New Jersey’s efforts to fight the epidemic, while some will be used to pay legal fees and/or split amongst the agencies harmed by Kapoor. In January 2020, Mr. Kapoor was sentenced to five years in federal prison for his involvement in the opioid crisis.