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Ex-Pharma CEO Aided Opioid Sales to Addicts, Prosecutor Says

  • Rochester Drug Co-op CEO faces life in prison if convicted
  • Doud disregarded red flags in pushing sales, prosecutor says
Laurence F. Doud III outside US. District Court in Manhattan in 2019. 

Laurence F. Doud III outside US. District Court in Manhattan in 2019. 

Photographer: Kathy Willens/AP
Updated on

The former head of a major generic drug distributor conspired to sell opiods to crooked pharmacies to boost profits and his own pay, a prosecutor told jurors at the end of a trial in Manhattan.

Laurence F. Doud III, who spent 25 years as chief executive officer of Rochester Drug Co-operative, is accused of scheming with others at the company to sell large amounts of addictive oxycodone and fentanyl to businesses that diverted the medications to addicts and street dealers. If convicted, Doud, 78, may spend the rest of his life in prison.