john kapoor

Opioid manufacturer Insys Therapeutics has filed for Chapter 11 bankruptcy protection, just five days after agreeing to pay $225 million to settle the federal government's criminal and civil cases against the company for bribing doctors to prescribe its fentanyl-based painkiller.

Insys Therapeutics, an opioid manufacturer, has agreed to pay $225 million to settle the federal government's criminal and civil investigations into the company's marketing practices. As part of the settlement, Insys Therapeutics admitted to bribing doctors to prescribe its opioid painkiller.

Last month, a federal jury in Boston found five top Insys Therapeutics executives guilty of racketeering conspiracy for these same practices. Now, the federal government is holding the company accountable.

Steven Senne / AP

The University at Buffalo Council has passed a resolution to “un-name” the pharmacy school building named in honor of John Kapoor. Kapoor was convicted of racketeering conspiracy by a federal jury last month.

Chris Caya, WBFO

University at Buffalo officials are pondering the possible renaming of a hall currently identified by the name of a graduate and benefactor who was convicted Thursday in a federal bribery case.

Updated 5:30 p.m. ET

A jury in Boston has found onetime billionaire and drug company executive John Kapoor and his four co-defendants guilty of a racketeering conspiracy. The verdict came Wednesday after 15 days of deliberation.

National Public Radio

John Kapoor has been arrested in Arizona, charged with leading a nationwide conspiracy to bribe doctors and pharmacists to widely prescribe an opioid cancer drug for people who did not need it. You may not recognize the name, but the drug company founder is a billionaire and University at Buffalo graduate for which UB's School of Pharmacy and Pharmaceutical Sciences is named.

Nearly 30 years after moving to Amherst, the University at Buffalo's School of Pharmacy has returned to the South Campus in Buffalo.

UB alumnus and donor Dr. John Kapoor,  state and local leaders, and hundreds of guests celebrated the grand opening of John and Editha Kapoor Hall Friday.

Kapoor said what impressed him the most about working with the School of Pharmacy was the dedication of the faculty.

"It wasn't the money that I would give, but it was what they could do with it. They would take a dollar and multiply it by ten dollars," said Kapoor.