Insys Hits Ch. 11 After $225M Kickback Settlement

By Chris Villani (June 10, 2019, 10:18 AM EDT) -- Facing a bevy of lawsuits and declining sales for its flagship opioid, Insys Therapeutics filed for Chapter 11 protection Monday in Delaware with plans to sell the company in a bankruptcy auction, listing liabilities totaling $262.5 million, days after a $225 million settlement resolved kickback claims....

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