Insys Therapeutics, Inc. (NASDAQ:INSY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 11, 2017, Insys Therapeutics, Inc. (the “Company”) accepted the resignation of Dr. Santosh Vetticaden, the interim Chief Executive Officer and Chief Medical Officer of Insys Therapeutics, Inc., whose employment will be terminated on April 28, 2017.   to the Current Report on Form 8-K previously filed with the Securities and Exchange Commission on March 27, 2017, the Company previously announced that, effective April 17, 2017, Saeed Motahari is the Company’s President and Chief Executive Officer and appointed as a member of the Company’s Board of Directors.

About Insys Therapeutics, Inc. (NASDAQ:INSY)

Insys Therapeutics, Inc. is a commercial-stage specialty pharmaceutical company. The Company develops and commercializes supportive care products. The Company’s product Subsys, is a sublingual fentanyl spray for breakthrough cancer pain (BTCP) in opioid-tolerant patients and a single-use product that delivers fentanyl, an opioid analgesic, for transmucosal absorption underneath the tongue. The Company markets Subsys through its field sales force focused on supportive care physicians in the United States. Subsys delivers a liquid fentanyl formulation in approximately 100, 200, 400, 600, 800, 1,200 and 1,600 micrograms (mcg) dosages. The Company’s lead dronabinol product candidate is Syndros, which is under review for approval at the Food and Drug Administration. In addition, the Company is evaluating sublingual spray, inhaled and intravenous formulations of dronabinol in preclinical studies.

Insys Therapeutics, Inc. (NASDAQ:INSY) Recent Trading Information

Insys Therapeutics, Inc. (NASDAQ:INSY) closed its last trading session down -0.23 at 11.02 with 577,816 shares trading hands.