INSYS Therapeutics (INSY) Decline Appers Overdone - Wells Fargo

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INSYS Therapeutics (INSY) Stock Declines on Reports of Doctor Fraud

May 9, 2014 4:36 PM EDT

INSYS Therapeutics (Nasdaq: INSY) stock tanked on reports a doctor in Michigan has been accused of defrauding Medicare by $7 million. The doctor is accused of writing 1,283 million prescriptions for Subsys in 5 years, 20.3% of Subsys prescribed to Medicare beneficiaries nationwide during this... More