ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Meet John Kapoor: The CEO and Founder of Insys Who Played a Role in the Fentanyl Crisis

He bribed medical practioners and doctors to pescribe the unnecessary overdose of Subsys, a fentanyl containing medicine used to relieve pain.
PUBLISHED MAR 3, 2024
Cover Image Source: Opioid crisis (representative image) | Pexels | Pixabay
Cover Image Source: Opioid crisis (representative image) | Pexels | Pixabay

Painkillers are meant to provide relief but in the US, pills pushed by major pharma corporations triggered a crisis where addiction to medication and overdose claimed thousands of lives every year. One of the culprits that led to this is the Founder and CEO of Insys Therapeutics Inc., John Kapoor, who was sentenced to five and half years of prison for formulating conspiracies and bribing doctors to prescribe the unnecessary doses of Subsys, a painkiller that had fentanyl.

Insys Therapeutics, founded in 1990 by John Kapoor was basically a pharmaceutical company in Arizona, Subsys being its primary product. The concentration of Fentanyl in Subsys acts extremely fast in pain and is mostly used to treat cancer patients. The medicine has acute opioids, which are the main reason for pain relief when the Subsys is prescribed.

Image Source: Photo by Kindel Media | Pexels
Man being handcuffed (representative image) | Pexels | Photo by Kindel Media 

John Nath Kapoor is infamous for his crimes in the pharmaceutical industry. He was born on February 14, 1943 in Amristar and pursued his education by diving deep into the intricacies and concepts that pharma offers. He was pretty passionate about the field and therefore, got his Bachelor of Pharmacy degree and then, a Master's degree in Medicinal Chemistry. He next started working for several pharma companies in order to gain experience and then founded EJ Enterprises Inc. in 1982, which was a venture capital firm focussing on providing advisory services to start-ups looking to grow in the healthcare sector. He then wanted to grow and founded Insys Therapeutics to develop medicinal innovations and give back to the healthcare sector. Later, the company and its founder were caught for being involved in the illegal marketing of Subsys which led to an opioid crisis.

Drug overdose (representative image) | Pexels | Anna Shvets
Drug overdose (representative image) | Pexels | Anna Shvets

The motives behind the John Kapoor opioid crisis were purely monetary which attracted his employees too and together, they caused the opioid disaster. Kapoor had funded Insys which was given a go-ahead because it created Subsys, which is used for cancer treatment. He involved top executives from a medical background in the conspiracy and they used to bribe the doctors to prescribe Subsys even when not needed. Kapoor gathered the faith of the public by creating awareness for Subsys in his "speaker programs". Kapoor made millions by bribing medical practitioners and earned himself a net worth of $875 million.

Kapoor and the executives of Insys were continually making millions at the patients' expense. The case came to light when the former Insys employees leaked the information and practices which led to legal inquiries, media investigations, followed by court proceedings. Kapoor and his executives admitted their crimes after being arrested for giving rise to the National Opioid Epidemic.

Directed by David Yates, 'Pain Hustlers' is a dark comedy film on the John Kapoor opioid scam, featuring Chris Evans and Emily Blunt. The movie also premiered at the Toronto International Film Festival and portrays a company creating awareness for fentanyl-based opioids which resulted in overdoses in numerous patients. 

LOS ANGELES, CA - JANUARY 15: (EXCLUSIVE COVERAGE) Chris Evans, Chris Hemsworth and Emily Blunt attend the 20th annual Critics' Choice Movie Awards at the Hollywood Palladium on January 15, 2015 in Los Angeles, California. (Photo by Kevin Mazur/WireImage)
Chris Evans, Chris Hemsworth and Emily Blunt attend the 20th annual Critics' Choice Movie Awards | Photo by Kevin Mazur/WireImage

'Pain Hustlers' premiered on Netflix in October 2023. Yates did not want the film to be all-serious, so he gave it a touch of humor to entertain and educate the audience.

MORE ON MARKET REALIST
Senator Cory Booker is set to introduce the new tax with the aim to curb the cost-of-living crisis
3 hours ago
Illinois is looking to setup Newborn Equity Support Transfer program to help mothers with childcare
3 hours ago
Harvey was disappointed with the players who couldn't come up with the most obvious answers.
7 hours ago
Some of the answers were too bizarre even for the seasoned host, Steve Harvey.
7 hours ago
While the host fumbled the card, it had just enough for Brenda to win a brand new car
3 days ago
The nonpartisan fiscal watchdog revised its estimates to add $2 trillion to its earlier projection.
3 days ago
Chevron president Andy Walz urged the state's regulators to review their climate policy.
3 days ago
Harvey looked like he had enough as yet another question popped up, targeting him on the show.
3 days ago
Frito-Lay has recalled certain bags of its popular Miss Vickie's Dill Pickle Potato Chips
3 days ago
Americans are paying 26 cents more for gas than a week ago.
4 days ago
Harvey was left holding his stomach after almost every answer the Hunter family gave.
4 days ago
The firm's chief global equities strategist, Peter Oppenheimer, has warned that a correction is imminent.
5 days ago
The suit alleged Tinder charged older users more for its Gold and Platinum subscriptions
5 days ago
The Yoyo Gummy candies are part of an ongoing recall across 14 states over unallowed food dye.
5 days ago
The two progressives estimate the tax would bring in $4.4 trillion over the next decade.
7 days ago
Hearing the answer, Harvey knew the contestant would need god by his side to save his marriage.
7 days ago
After painfully losing out by 5 points the previous night, the Baccus family made a comeback
Mar 2, 2026
Harvey's anecdotes made it clear that he had been through some steamy situations.
Mar 2, 2026
Michael Green isn't worried about AI stocks, as a passive investment bubble is a "more salient" risk
Mar 2, 2026
The AI assistant app seems to have benefitted from the headlines that emerged after Trump's rant.
Mar 2, 2026