Key Points
- U.S. authorities are accusing the two top officials of a Canadian company of operating a long-running scheme to illegally import prescription drugs into the U.S., according to court records.
- John Thomas Howard, treasurer and a director of the company, CANARX, was arrested Sunday on smuggling and conspiracy charges. His brother Bob Howard, CANARX president and director, is wanted in the investigation, according to records.
- CANARX was featured in a CNBC investigation “RiskyRX” last year that revealed how the company and others known as alternative funding programs, or AFPs, are becoming more pervasive around the U.S. as drug costs skyrocket.