Former Insys Reimbursement Services manager arrested on charges of conspiracy to commit wire fraud

|About: Insys Therapeutics, Inc. (INSY)|By:, SA News Editor

The U.S. District Court for the District of Massachusetts issued an arrest warrant last week for former Insys Therapeutics (INSY +6.7%) Reimbursement Services manager Elizabeth Gurrieri charging her with conspiracy to commit wire fraud. The charge stems from her activities managing prior payment authorizations related to Subsys (fentanyl sublingual spray). She allegedly instructed her group to intentionally mislead insurers and pharmacy benefit managers about patients' conditions in order to obtain authorizations for payment.

A former sales manager was also arrested recently over charges of orchestrating illegal kickbacks to prescribers in order to drive sales of Subsys.