Purdue Pharma Reaches $8B Opioid Deal With Justice Department Over Oxycontin Sales

[RAMOSS]

Well, you can be sure if the deal is 8B, Purdue made more than that with their pushing of addictive drugs.

Purdue Pharma Reaches $8B Opioid Deal With Justice Department Over OxyContin Sales

Critics say the settlement doesn't hold company executives or members of the Sackler family accountable for their aggressive marketing of OxyContin, which helped fuel the nation's opioid epidemic.

www.npr.org

Updated at 12:14 p.m. ET


The Justice Department announced on Wednesday a global settlement of civil and criminal investigations into Purdue Pharma's aggressive marketing of opioid medications, including Oxycontin.


Federal officials have long maintained Purdue's actions helped fuel a prescription opioid epidemic that has killed more than 232,000 Americans, according to the Centers for Disease Control and Prevention.


But the deal unveiled Wednesday morning, which includes three felony guilty pleas, won't result in company officials or members of the Sackler family, who own Purdue Pharma, serving prison time. However, Justice Department officials say this deal doesn't preclude future criminal prosecutions of individuals involved in Purdue Pharma's opioid marketing practices. They say those separate investigations are ongoing.

 

[Rexedgar]

The Sacklers will be applying for government assistance as soon as the paperwork gets filed.

Sackler family

#30 Sackler family on the 2020 America's Richest Families - The Sacklers are the owners of Purdue Pharma, a pharmaceutical company whose main drug is Oxycontin,

www.forbes.com

 

[Grand Mal]

Well, you can be sure if the deal is 8B, Purdue made more than that with their pushing of addictive drugs.

Purdue Pharma Reaches $8B Opioid Deal With Justice Department Over OxyContin Sales

Critics say the settlement doesn't hold company executives or members of the Sackler family accountable for their aggressive marketing of OxyContin, which helped fuel the nation's opioid epidemic.

www.npr.org

"The controversial settlement, valued at more than $8.3 billion, would restructure Purdue Pharma, which entered bankruptcy last year. Going forward, the company would operate as a public trust under government control, continuing to manufacture opioid medications."

So the gubmint is in the drug bidness now.

 

[RAMOSS]

"The controversial settlement, valued at more than $8.3 billion, would restructure Purdue Pharma, which entered bankruptcy last year. Going forward, the company would operate as a public trust under government control, continuing to manufacture opioid medications."

So the gubmint is in the drug bidness now.

It's happened before, and it will happen again. Iran Contra anybody?

 

[Metric Mouse]

"The controversial settlement, valued at more than $8.3 billion, would restructure Purdue Pharma, which entered bankruptcy last year. Going forward, the company would operate as a public trust under government control, continuing to manufacture opioid medications."

So the gubmint is in the drug bidness now.

Basically. Or, almost exactly...