
Insys gave $500,000 last summer to Arizonans for Responsible Drug
Policy, the group opposing marijuana legalization in Arizona. The
donation amounted to roughly 10 percent of all money raised by the group
in an ultimately successful campaign against legalization. Insys was
the only pharmaceutical company known to be giving money to oppose
legalization last year, according to a Washington Post analysis of
campaign finance records.
Syndros is a synthetic formulation of
THC, the main psychoactive component in the cannabis plant. It was
approved by the FDA last summer to treat nausea, vomiting and weight
loss in cancer and AIDS patients. The DEA approval places Syndros and
its generic formulations in Schedule II of the Controlled Substances
Act, indicating a “high potential for abuse.” Other Schedule II drugs
include cocaine, morphine and many prescription painkillers.
Whole-plant
marijuana remains in Schedule I of the CSA, an even stricter regulatory
category that designates a lack of medically accepted use in addition
to a high abuse potential.
Insys has been active in marijuana
policy for several years. In 2011 it wrote to the DEA to express
oppositionto loosening restrictions on naturally derived THC, citing
“the abuse potential in terms of the need to grow and cultivate
substantial crops of marijuana in the United States.”
Last year it
petitioned the DEA to loosen restrictions on synthetic versions of CBD,
another compound in the cannabis plant. The company is currently
developing a CBD-based drug to treat pediatric epilepsy.
“It
appears they are trying to kill a non-pharmaceutical market for
marijuana in order to line their own pockets,” a spokesman for Arizona’s
marijuana legalization campaign said of Insys last year.
The
company last year said that it opposed the marijuana legalization
measure because “it fails to protect the safety of Arizona’s citizens,
and particularly its children.” But it added that it “firmly believes in
the potential clinical benefits of cannabinoids,” and that “we hope
that patients will have the opportunity to benefit from these potential
products once clinical trials demonstrate their safe and effective use.”
Insys
is also the subject of numerous state and federal criminal
investigations, as well as a shareholder lawsuit, over its aggressive
marketing of a product containing the potent and deadly opioid
painkiller fentanyl. In December, the FBI arrested the company’s former
chief executive and five other executives on charges that they “paid
kickbacks and committed fraud to sell a highly potent and addictive
opioid that can lead to abuse and life threatening respiratory
depression.”
sources:www.washingtonpost.com
0 comments:
Post a Comment