“The Stamford, Connecticut-based company wants to convert into a public benefit corporation that would no longer be owned by members of the Sackler family. The plan calls for the new company to continue making OxyContin, but with the profits going toward fighting the opioid crisis, which has been linked to 470,000 deaths in the U.S. since 2000.”
Whether a more cognitively dissonant combination of words has ever been assembled in ...
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A study of the opioid prescriptions written by almost 700,000 medical care providers shows that nearly half of the doses written in the United States originate from just 1% of those providers. The study, as reported by Reuters, shows that this top 1% writes approximately 1,000 times more opioid doses than those making up the middle percentiles.
The results have taken the authors ...
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Defendants in the nation’s largest opioid litigation might be reconsidering their odds. If they were confident, they might not have asked for the removal of the federal judge tasked with overseeing thousands of consolidated lawsuits seeking to recover damages from drug makers and distributors for their role in perpetuating the nation’s ongoing opioid crisis.
That, however, is exactly what happened last month when household names like CVS ...
continue reading...“I think they are a group of sanctimonious billionaires who lied and cheated so they could make a handsome profit. I truly believe that they have blood on their hands.” These are the words used by Pennsylvania Attorney General Josh Shapiro after news broke that the Sackler family had tanked negotiations seeking to hold Purdue Pharma responsible for its role in the nation’s opioid crisis.
Reports indicated that a settlement between the states, towns, and other ...
continue reading...After doing their part to create and profit from an epidemic that has ravaged American communities and left hundreds of thousands of people dead in its wake, the family that is largely behind OxyContin’s rise to opioid prominence is set to keep the vast majority of their wealth and will never see the inside of a jail cell.
A recent article published by The Washington Post outlines the terms of a settlement ...
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As the opioid abuse epidemic continues to ravage the United States from coast to coast, states have spent untold millions of dollars dealing with the aftermath. From abuse prevention and treatment programs to emergency services, homeless shelters and advocacy, hospitals, and law enforcement, the cities and towns in these states have spent significant sums cleaning up the mess the drug companies have left behind; sums ...
