Articles for Purdue Pharma

Consulting firm McKinsey to pay $650 million to resolve US criminal opioid probe
Trending News
1 week, 4 days ago

Consulting firm McKinsey to pay $650 million to resolve US criminal opioid probe

CNN  

McKinsey & Co has agreed to pay $650 million to resolve a US Department of Justice investigation into the consulting firm’s work advising opioid manufacturer OxyContin maker Purdue Pharma on how to boost sales. “We are deeply sorry for our past client service to Purdue Pharma and the actions of a former partner who deleted documents related to his work …

Work Company Opioid Purdue Oxycontin Purdue Pharma Probe Mckinsey
McKinsey & Company agrees to pay $650 million for helping Purdue Pharma boost opioid sales
1 week, 4 days ago

McKinsey & Company agrees to pay $650 million for helping Purdue Pharma boost opioid sales

India Today  

WASHINGTON: McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work to help opioids manufacturer Purdue Pharma boost the sales of the highly addictive drug OxyContin, according to court papers filed in Virginia on Friday. “This terrible public health crisis and our past work for opioid manufacturers will always be a …

Work Pay Sales Crisis Pharma Opioid Court Papers
McKinsey acuerda pagar 650 millones de dólares por impulsar ventas de opioides de Purdue Pharma
1 week, 4 days ago

McKinsey acuerda pagar 650 millones de dólares por impulsar ventas de opioides de Purdue Pharma

LA Times  

Pastillas de OxyContin en una farmacia en Montpelier, Vermont, el 19 de febrero del 2013. La firma de consultoría McKinsey & Company ha acordado pagar 650 millones de dólares para resolver una investigación federal sobre su trabajo para ayudar al fabricante de opioides Purdue Pharma a impulsar las ventas del medicamento altamente adictivo OxyContin, según documentos judiciales presentados en Virginia …

Pharma Los Una Para En Que La Mayoría El Viernes
McKinsey to pay $650m to settle US opioid consulting probe
1 week, 4 days ago

McKinsey to pay $650m to settle US opioid consulting probe

Al Jazeera  

Prosecutors say McKinsey provided Purdue advice on measures it could take to ‘turbocharge’ OxyContin sales. Consulting firm McKinsey & Company has agreed to pay $650m to resolve a United States Department of Justice investigation into the consulting firm’s work advising opioid manufacturer Purdue Pharma on how to boost OxyContin sales. “We are deeply sorry for our past client service to …

Work Company Opioid Settle Purdue Mckinsey Oxycontin
McKinsey & Company to pay $650 million for role in opioid crisis
1 week, 4 days ago

McKinsey & Company to pay $650 million for role in opioid crisis

NPR  

McKinsey & Company to pay $650 million for role in opioid crisis Drew Angerer/Getty Images; Fabrice Coffrini/AFP via Getty Images; Charles Krupa/AP Photo/AFP The global consulting firm McKinsey and Company Friday agreed to pay $650 million to settle a federal probe into its role in helping "turbocharge" sales of the highly addictive opioid painkiller OxyContin for Purdue Pharma, the U.S. …

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Supreme Court shreds $6 billion opioid settlement plan in ruling against Sackler family
5 months, 3 weeks ago

Supreme Court shreds $6 billion opioid settlement plan in ruling against Sackler family

The Independent  

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US Supreme Court blocks Purdue Pharma bankruptcy settlement that would have protected Sackler family
5 months, 3 weeks ago

US Supreme Court blocks Purdue Pharma bankruptcy settlement that would have protected Sackler family

ABC  

In short: The US Supreme Court has ruled against a bankruptcy plan that would have shielded the Sackler family from legal liability. Bankruptcy may become a less attractive way to resolve sprawling lawsuits after a US Supreme Court ruling blocked OxyContin maker Purdue Pharma's settlement. On Thursday, the court ruled against an estimated $US6 billion Purdue Pharma bankruptcy plan that …

Family Supreme Court Legal Settlement Bankruptcy Pharma Supreme
US Supreme Court blocks bankruptcy settlement with OxyContin maker Purdue Pharma
5 months, 3 weeks ago

US Supreme Court blocks bankruptcy settlement with OxyContin maker Purdue Pharma

Hindustan Times  

The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma's bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation's deadly opioid epidemic. The Supreme Court on Thursday, June 27, 2024, rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who …

Ruling Opioid Lawsuits Oxycontin Sackler Blocks Bankruptcy Settlement Purdue Pharma
The legal odyssey for OxyContin maker Purdue Pharma and its owners is complex. Here’s what to know
5 months, 3 weeks ago

The legal odyssey for OxyContin maker Purdue Pharma and its owners is complex. Here’s what to know

Associated Press  

Members of the Sackler family who own OxyContin maker Purdue Pharma have been cast as prime villains in the U.S. opioid epidemic. At the time of the drug’s 1996 launch, Richard Sackler, a son of Raymond who was then a Purdue executive and later became president and board chair, told the company’s sales force at a meeting that there would …

Family Company Family Members Pharma Dea Owners Members
The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma
5 months, 3 weeks ago

The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma

Associated Press  

WASHINGTON — The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the Sackler family who own the company from civil lawsuits over the toll of opioids but also would have provided billions of dollars to combat the opioid epidemic. Justice Neil Gorsuch, writing for the majority, said “nothing in …

Family Justice Court Victims Bankruptcy Family Members Pharma
US Supreme Court rejects opioid settlement that shields Sackler family
5 months, 3 weeks ago

US Supreme Court rejects opioid settlement that shields Sackler family

Al Jazeera  

Decision reverses a lower court’s ruling that had upheld plan to give Purdue Pharma’s owners immunity in exchange for paying up to $6bn to settle thousands of lawsuits. The US Supreme Court has blocked OxyContin maker Purdue Pharma’s bankruptcy settlement, which would have shielded its wealthy Sackler family owners from lawsuits over their role in the deadly opioid epidemic in …

Family Court Settlement Pharma Opioid Oxycontin Sackler
Supreme Court upsets $10-billion opioid settlement because it shields the Sacklers
5 months, 3 weeks ago

Supreme Court upsets $10-billion opioid settlement because it shields the Sacklers

LA Times  

The Supreme Court on Thursday rejected a mass settlement related to the nation’s opioid crisis that would have paid an estimated $10 billion to victims, hospitals, states and others, and shielded the Sackler family from further liability. The Sacklers, owners of the Purdue Pharma company, had denied wrongdoing but agreed to contribute $6 billion to the settlement fund if they …

Supreme Court Settlement Billion Opioid Kavanaugh Bankruptcy Court Purdue Pharma
Politics: Liz Cheney wrote a book to stop Donald Trump
1 year ago

Politics: Liz Cheney wrote a book to stop Donald Trump

Slate  

This week, Emily Bazelon, John Dickerson, and David Plotz gather around John’s dining room table to discuss Liz Cheney, her book, and how far she’ll go to stop Donald Trump; Chris Christie, his presidential campaign, and whether he’ll stay in the race; and Purdue Pharma, the Sacklers, and if the Supreme Court will let the company go bankrupt to save …

Trump John Liz Cheney Chris Chris Christie Purdue Pharma
The Supreme Court wrestles with OxyContin maker’s bankruptcy deal, with billions of dollars at stake
1 year ago

The Supreme Court wrestles with OxyContin maker’s bankruptcy deal, with billions of dollars at stake

Associated Press  

WASHINGTON — The Supreme Court on Monday wrestled with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids. “The Sacklers didn’t come anywhere close to doing that.” Arguments lasted nearly two hours in a packed courtroom, its doors draped in black …

Justice Court Victims Settlement Bankruptcy Pharma Deal
US Supreme Court scrutinizes controversial opioid crisis settlement that would give Sackler family immunity
1 year ago

US Supreme Court scrutinizes controversial opioid crisis settlement that would give Sackler family immunity

CNN  

CNN — The Supreme Court spent nearly two hours Monday morning grappling with whether federal bankruptcy code permits a controversial agreement that would give billions of dollars to victims of the opioid epidemic while protecting members of the Sackler family, who owned the company Purdue Pharma, from current and future opioid-related civil lawsuits. Monday’s arguments unfolded as scores of demonstrators …

Family Court Victims Bankruptcy Supreme Opioid Ust
OxyContin maker’s settlement plan divides victims of opioid crisis. Now it’s up to the Supreme Court
1 year, 1 month ago

OxyContin maker’s settlement plan divides victims of opioid crisis. Now it’s up to the Supreme Court

Associated Press  

WASHINGTON — The agreement by the maker of OxyContin to settle thousands of lawsuits over the harm done by opioids could help combat the overdose epidemic that the painkiller helped spark. In exchange for giving up ownership of drug manufacturer Purdue Pharma and for contributing up to $6 billion to fight the crisis, members of the wealthy Sackler family would …

Family Court Settlement Bankruptcy Crisis Family Members Pharma
Painkiller true story: How accurate is Netflix’s show about OxyContin and Purdue Pharma?
54 years, 11 months ago

Painkiller true story: How accurate is Netflix’s show about OxyContin and Purdue Pharma?

Slate  

Each episode of Netflix’s Painkiller, a six-part drama examining the Sackler family’s complicity in the creation and growth of the opioid epidemic, opens with the bereaved parent of a young person who overdosed on Purdue Pharma’s pain medication OxyContin. Fitzerman-Blue and Harpster decided to focus on four figures in the narrative: Richard Sackler, Purdue Pharma’s CEO who is determined to …

Congress Pain Doctors Virginia Company Wright Giuliani
‘Painkiller’ series review: A hollow take on America’s opioid crisis that offers nothing new
1 year, 4 months ago

‘Painkiller’ series review: A hollow take on America’s opioid crisis that offers nothing new

The Hindu  

Each episode of Netflix’s new miniseries, Painkiller, starts in a unique way. Across six episodes, the show follows the sequence of events that led to the devasting epidemic of opioid addiction — from the inception of the idea of the OxyContin pill in Richard Sackler’s brain to the nefarious complicity of the state in allowing its distribution, an aggressive sales …

Netflix Pharma Richard Purdue Edie Oxycontin Purdue Pharma
Revolving Door: DEA’s No.2 quits amid reports of previous consulting work for Big Pharma
1 year, 5 months ago

Revolving Door: DEA’s No.2 quits amid reports of previous consulting work for Big Pharma

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Louis Milione’s four years of consulting for Big …

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‘All the Beauty and the Bloodshed’ chronicles the fight to purge one family’s name from the art world
1 year, 10 months ago

‘All the Beauty and the Bloodshed’ chronicles the fight to purge one family’s name from the art world

CNN  

Editor’s Note: Keeping you in the know, Culture Queue is an ongoing series of recommendations for timely books to read, films to watch and podcasts and music to listen to. In that way, Poitras’ now Oscar-nominated documentary, “All the Beauty and the Bloodshed,” began in the hands of its subject — and much like one of Goldin’s own artworks, it …

Beauty Art Film Director Venice New York Cnn
Vance’s anti-drug charity enlisted doctor echoing Big Pharma
2 years, 4 months ago

Vance’s anti-drug charity enlisted doctor echoing Big Pharma

Associated Press  

COLUMBUS, Ohio — When JD Vance founded “Our Ohio Renewal” a day after the 2016 presidential election, he promoted the charity as a vehicle for helping solve the scourge of opioid addiction that he had lamented in “Hillbilly Elegy,” his bestselling memoir. Vance has described Our Ohio Renewal’s mission variously over the years as “to bring interesting new businesses to …

Charity Addiction Ohio Vance Residency Opioid Purdue
‘Scum of the earth': Drug victims face Purdue Pharma owners
2 years, 9 months ago

‘Scum of the earth': Drug victims face Purdue Pharma owners

Associated Press  

NEW YORK — Angry, defiant and sometimes tearful, more than two dozen Americans whose lives were upended by the opioid crisis finally had their long-awaited chance Thursday to confront in court some members of the family they blame for fueling it. “I hope that every single victim’s face haunts your every waking moment and your sleeping ones, too,” said Ryan …

Family Earth New York Crisis Pharma Drug Opioid
Yale begins removing Sackler name from campus amid opioid outrage
2 years, 9 months ago

Yale begins removing Sackler name from campus amid opioid outrage

Al Jazeera  

Purdue Pharma this month reached a nationwide settlement of lawsuits over its painkillers’ role in the crisis, with Sackler family members agreeing to pay out as much as $6bn themselves. Yale University has begun removing the Sackler name from its campus, several years after announcing it would no longer accept donations from the family that owns OxyContin maker Purdue Pharma. …

Family University Pharma Yale Purdue Sackler Name Sackler
‘A slow and toxic death’: Opioid crisis victims confront Sackler family with tales of horror at three-hour hearing
2 years, 9 months ago

‘A slow and toxic death’: Opioid crisis victims confront Sackler family with tales of horror at three-hour hearing

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “I hope tonight when you reflect on this …

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