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The former CEO of the nation's sixth-largest pharmaceutical distributor was perp-walked in handcuffs on Tuesday after he was indicted on two counts of criminal conspiracy related to drug trafficking in opioids. 75-year-old Laurence Doud III became the first pBig Pharma Exec Perp Walked In Handcuffs After Surrendering On Opioid Trafficking Charges
The former CEO of the nation's sixth-largest pharmaceutical distributor was perp-walked in handcuffs on Tuesday after he was indicted on two counts of criminal conspiracy related to drug trafficking in opioids. 75-year-old Laurence Doud III became the first pharma CEO in the United States to face prosecution linked to the opioid crisis, after he was accused along with another company executive of ignoring red flags while pushing massive hauls of powerful painkillers to pharmacies across the United States, reports ABC News. Doud faces a mandatory minimum of 10 years in prison if convicted. Read more