Health Care

Opioid drugmaker Insys Therapeutics files for bankruptcy

Drugmaker Insys Therapeutics Inc filed for Chapter 11 bankruptcy protection on Monday, about a week after agreeing to pay $225 million to settle a U.S. probe into bribes it paid to doctors for prescribing a powerful opioid medication.

LabCorp says 7.7 million customers may have been affected by data breach

LabCorp said about 7.7 million customers’ personal information may have been compromised due to a data breach at a billings collections firm — a day after competing lab testing company Quest Diagnostics also announced nearly 12 million patients were affected by a similar security incident.