Amid Mounting Litigation, Insys Brings on Ex-Mylan GC as New Top Lawyer
Mark Nance is now the chief legal officer and GC at the Phoenix-based company, which is the target of several lawsuits over the the potent opioid medication Subsys.
October 11, 2018 at 02:35 PM
3 minute read
The maker of a potent opioid medication has brought on a heavy hitter in the pharmaceutical industry to lead its legal department during a tumultuous time.
Insys Therapeutics Inc. named Mark Nance chief legal officer and general counsel. He also will serve as a member of the Phoenix-based company's senior management team, according to a statement announcing his appointment.
Nance succeeds Franc Del Fosse, who will transition to the new position of senior vice president of corporate affairs.
Most recently, Nance was SVP and global GC at pharmaceutical giant Mylan N.V. Prior to joining Mylan in early 2012, he was GC at General Electric's pharmaceutical and life sciences businesses.
Nance could not immediately be reached for comment about his move.
Insys is a specialty pharmacy company that touts itself as committed to developing medications to potentially treat anaphylaxis, epilepsy, the genetic disorder Prader-Willi syndrome, opioid addiction and overdose and other diseases with “a significant unmet need.”
It is arguably best known for its drug Subsys, a fentanyl-based oral spray medication meant to treat only patients with cancer pain. The drug has spawned both civil and criminal headaches for Insys.
Over the past three years, Subsys has been at the heart of lawsuits in several states alleging various causes of action, including wrongful death, negligence, fraud and violations of the U.S. Racketeering and Corrupt Organizations Act.
Many, though not all, of these suits are part of an ongoing wave of litigation brought by states and municipalities against several opioid manufacturers and distributors alleging that their deceptive marketing practices helped lead to the the prescription opioid and heroin addiction epidemic gripping the nation.
In addition, Dr. John Kapoor, the owner of Insys, is facing several federal charges in Boston that he and his co-defendants, also Insys executives, bribed doctors to write large numbers of prescriptions for Subsys.
Last May, a New Jersey-based sales representative for Insys pleaded guilty for her part in the alleged scheme.
An Insys spokesman did not immediately respond to a request for comment about these issues.
In a statement, Insys president and CEO Saeed Motahari referenced a transformation of the company.
“Mark brings to this position extensive experience in corporate legal strategy, an in-depth understanding of the pharmaceutical industry and an international perspective on business development that are essential to our long-term success,” he said.
A graduate of Cornell Law School, Nance also worked in the Office of Policy Planning at the U.S. Federal Trade Commission and was a commissioned officer in the U.S. Marine Corps before law school, the statement said.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllSEC Ordered to Explain ‘How and When the Federal Securities Laws Apply to Digital Assets’
5 minute readApple GC’s Compensation Flat Again in 2024, but She Might Snag No. 1 Spot on Top-Paid List Anyway
Trending Stories
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250