*Insys Therapeutics which makes and markets the powerful painkiller fentanyl has a big problem with legal marijuana. The company has donated $500,000 toward defeating an Arizona ballot initiative that would make recreational use of marijuana legal in the state.
Here’s more via US News & World Report:
It’s hard to imagine a more sinister donor than Insys Therapeutics Inc. in the eyes of pot legalization proponents, who long have claimed drug companies want to keep cannabis illegal to corner the market for drugs, some addictive and dangerous, that relieve pain and other symptoms.
Insys currently markets just one product, according to an August filing with the Securities and Exchange Commission: a sublingual fentanyl spray it calls Subsys.
Two former company employees pleaded not guilty last month to federal charges related to an alleged kickback scheme to get doctors to prescribe Subsys.
Illinois Attorney General Lisa Madigan filed a lawsuit late last month against the company alleging Insys hawked the drug to doctors for off-label prescribing, saying the company’s “desire for increased profits led it to disregard patients’ health and push addictive opioids for non-FDA approved purposes.”
Fentanyl is a synthetic opioid significantly more potent than heroin that can cause overdoses, especially when it’s used to cut the supply of illegally sourced drugs. The musician Prince died from an accidental fentanyl overdose in April.
Insys made its large contribution to the anti-legalization campaign group Arizonans for Responsible Drug Policy on Aug. 31, according to information posted online by the Arizona secretary of state’s office.
Arizonans for Responsible Drug Policy campaign manager Adam Deguire tells U.S. News that legalization foes will not return the donation. In a statement he expressed gratitude and stressed that Insys is based in Arizona, unlike the Marijuana Policy Project, which has contributed substantially toward passing the initiative.
A voicemail requesting comment from Insys was not immediately returned.