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BOSTON (Reuters) - An ex-stripper who became a regional sales director at Insys Therapeutics Inc gave a doctor a lap dance at a Chicago club as the drugmaker pushed the doctor to prescribe its addictive fentanyl spray, a former Insys employee testified on Tuesday. The testimony in federal court in Boston came in the first criminal trial of painkiller manufacturer executives over conduct that authorities say contributed to a U.S. opioid abuse epidemic that has killed tens of thousands of people a year.
Former Insys sales representative Holly Brown told jurors the incident with her boss, Sunrise Lee, took place after Insys began rewarding the doctor for prescribing its opioid product by paying him to speak at educational events about the drug, That Illinois doctor, Paul Madison, is one of several whom prosecutors say Lee and four other former Insys executives and managers including wealthy founder and ex-chairman John Kapoor conspired to bribe to boost sales of the spray, Subsys, Lee, Kapoor, Michael Gurry, Richard Simon and Joseph Rowan deny wrongdoing and have pleaded 3d luke skywalker helmet cufflinks not guilty to racketeering conspiracy..
The U.S. Food and Drug Administration has only approved Subsys for treating cancer pain. Prosecutors allege doctors paid by Insys often prescribed Subsys to patients without cancer. Defense lawyers note, though, that doctors may prescribe medications for off-label purposes. Drugmakers often retain doctors to speak at events with other clinicians about the benefits of their drugs, and defense lawyers argue the events were legal compensation for the doctors’ educational work. Yet Brown said Madison’s events, held at a Chicago restaurant Kapoor owned, were attended by his friends instead of clinicians.
“The idea was these weren’t really meant to be educational programs but were meant to be rewards to physicians,” Brown said, After one dinner in mid-2012, Brown said she, Lee and 3d luke skywalker helmet cufflinks Madison went to a club, where she witnessed Lee “sitting on his lap, kind of bouncing around.”, “He had his hands sort of inappropriately all over her chest,” Brown said, Brown testified that at the time, Madison ran a “notorious” medical practice, which in a 2012 email shown to jurors she described as a “shady pill mill.”..
NEW YORK (Reuters) - Gold hit an eight-month high while world stock markets were mixed ahead of further U.S.-Sino trade talks, a raft of technology company results, including Apple’s, and a Federal Reserve decision on U.S. interest rates. The U.S. dollar traded little changed and oil prices rose after Washington slapped sanctions on Venezuela’s state-owned oil firm in a bid to curb its crude exports as traders prepared for major events, including a key Brexit vote late in the day. Sterling fell after British lawmakers rejected most amendments that aimed to keep Britain from leaving the European Union without a deal, reviving worries of a chaotic withdrawal from the trading bloc that would damage the UK economy.
Sterling fell sharply after a brief rise and was down 0.75 percent, Investors expect the Fed, the U.S, central bank, to show a more cautious stance when policymakers release a statement on Wednesday after a two-day meeting, U.S, economic data in December that was softer 3d luke skywalker helmet cufflinks than expected and a sharp downturn in financial markets are likely to keep the Fed from raising rates, Equity markets in Europe rose as investors bid up stocks considered safer during times of economic uncertainty, such as utilities, However, a gauge of global stock performance edged lower as stocks on Wall Street fell amid a ream of mixed earnings reports and caution due to the U.S.-China trade spat..
MSCI’s gauge of stocks across the globe was little changed, while the FTSEurofirst 300 index of leading regional shares in Europe closed 0.8 percent higher. The Dow Jones Industrial Average rose 51.74 points, or 0.21 percent, to 24,579.96. The S&P 500 lost 3.85 points, or 0.15 percent, to 2,640 and the Nasdaq Composite dropped 57.40 points, or 0.81 percent, to 7,028.29. The information glut this week will make it hard for people to reach a conclusion but the trade talks with China, which begin Wednesday, are the overriding issue for the world economy, said David Kelly, chief global strategist at JPMorgan Funds in New York.
What Washington, and possibly Beijing, fail to understand is that the uncertainty about trade is slowing the global economy, which will show up in East Asian PMI manufacturing data for January to be released on Thursday, 3d luke skywalker helmet cufflinks Kelly said, “The biggest tax levy by Washington is an uncertainty tax, and it’s the biggest threat to the markets and the economy this year,” Kelly said, Tensions were high after U.S, officials announced criminal charges against China’s telecom giant Huawei for violating U.S, sanctions against Iran..