INSYS Therapeutics Reaches Agreement in Principle to Settle Department of Justice Investigation
Bad government actions in the midst of a badly misdirected crusade don't just go away:
Consistent with previous public statements and disclosures, the terms of this agreement in principle call for INSYS to pay $150 million over five years, with the potential for contingency-based payments associated with certain events that, if they were to occur, management estimates would require additional payments ranging from $0 to $75 million. INSYS also expects that a final settlement would include other material non-financial terms and conditions which will also be subject to negotiation.
“This is a very important step for our company to move forward and continue our transformative efforts to foster a compliant and ethical culture and to execute against our well-differentiated product pipeline, which we believe can bring value to patients globally,” said Saeed Motahari, president and chief executive officer of INSYS Therapeutics.
The ogre will never mend its ways but attention has been diverted to guilty targets [e.g., those supplying the deadly pills instead of those delivering pain relief to unbearable pain].
There is no intention here of advocating for anarchy, which is generally regarded as even worse than the most savage tyranny. One must deal with conditions as they exist.
A few miles from us the Battle of Bloody Creek was the very first victory of America's Revolutionary War. It was a very costly ambush with a death toll seldom exceeded in any subsequent battle to this day. General Herkimer organizing return fire from the colonial volunteers had been grieviously wounded and subsequently died from gangrene. Those days only the like of demon rum was available to modify the terrible pain and most still died anyway from the pain and/or progress of infection.
There will always be those who would profit from the suffering of others by whatever means. Cannabis as well as cocaine were widely available those days. I think opium arrived later in abundance but, in any case, without the power of stronger concoctions to greatly relieve the terrible breakthrough pain of cancer or amputation or other fierce pain.
I assure, one and all, General Herkimer would not have been helped greatly in his dire straits by being offered a joint or opium pipe or a bit of blow so he could enjoy his huge victory and a bit of its aftermath.
I expect we will be hearing much less from the vultures (and the badly misinformed) in the future.
Best, Terry
