An anonymous reader shares a feature report: At the end of 2019, before the coronavirus pandemic started, the two best-known faces of the pharmaceutical business were the imprisoned Martin Shkreli and the lawsuit-laden opioid makers at Purdue Pharma. The rest of the industry was perhaps best known for the skyrocketing prices of its medicines. In a Gallup Poll of the public’s…
Tag: Purdue Pharma
Purdue Pharma Offers $10-12B To Settle Opioid Claims
The maker of OxyContin, Purdue Pharma, and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company for $10 billion to $12 billion. From a report: The potential deal was part of confidential conversations and discussed by Purdue’s lawyers at a meeting in Cleveland last Tuesday, Aug. 20, according to two people familiar with the…
$572 Million Decision Against Johnson & Johnson in Landmark Opioid Trial
An anonymous reader shares a report: A judge in Oklahoma on Monday ruled against Johnson & Johnson, the deep-pocketed corporate giant, and ordered it to pay the state $572 million in the first trial of an opioid manufacturer for the destruction wrought by prescription painkillers. Johnson & Johnson, which contracted with poppy growers in Tasmania, supplied 60 percent of the opiate…
For the first time, the feds criminally charged a pharma distributor for the opioid epidemic
Source: https://www.vox.com/policy-and-politics/2019/4/23/18512781/rochester-drug-cooperative-opioid-epidemic-drug-trafficking…
Opioid Sales Reps Swarmed New York at Height of Crisis
New disclosures in the New York attorney general’s lawsuit detail the massive sales efforts of Purdue Pharma and other companies. Source: https://www.nytimes.com/2019/04/11/health/opioids-sacklers-new-york-purdue.html?partner=rss&emc=rss…
Lawsuits Lay Bare Sackler Family’s Role in Opioid Crisis
Three generations of the Sackler family were deeply involved in running Purdue Pharma and knew of opioid abuse risks, according to lawsuits. Source: https://www.nytimes.com/2019/04/01/health/sacklers-oxycontin-lawsuits.html?partner=rss&emc=rss