Category

Oxycodone

Provinces pursue OxyContin maker for $67B US in costs associated with Canada’s opioid crisis Oxycodone

Provinces pursue OxyContin maker for $67B US in costs associated with Canada’s opioid crisis

In an effort to claw back the public health-care costs incurred by the opioid crisis, Canada's provinces have filed a $67.4-billion US claim against OxyContin producer Purdue Pharma. OxyContin was introduced as a pain medication about two decades ago, marking what addiction experts recognize as the beginning of the opioid crisis. (Toby…
bubmag
November 13, 2020
Purdue Pharma Admitted Guilt in the Opioid Epidemic. Where Does the Sackler Name Belong Now? Oxycodone

Purdue Pharma Admitted Guilt in the Opioid Epidemic. Where Does the Sackler Name Belong Now?

On Wednesday the Justice Department announced the settlement of federal criminal charges with Purdue Pharma, the Sackler-family-owned maker of the prescription painkiller OxyContin, the overprescription of which is widely seen as one of the early causes of the country’s ongoing opioid crisis. The company will plead guilty to three criminal…
bubmag
October 23, 2020
The Justice Department’s Very Convenient Corporate Crackdown Oxycodone

The Justice Department’s Very Convenient Corporate Crackdown

Just two weeks before the election, the Justice Department rolled out a series of high-profile white-collar cases and settlements that include an antitrust complaint against Google, a settlement with Purdue Pharma over its marketing of the drug OxyContin, and a global resolution with Goldman Sachs of a long-running bribery investigation.…
bubmag
October 23, 2020
OxyContin maker Purdue Pharma to plead guilty, pay US$8.3 billion over opioids Oxycodone

OxyContin maker Purdue Pharma to plead guilty, pay US$8.3 billion over opioids

The settlement is likely to boost Purdue’s effort to move past claims it helped spark a public-health crisis over opioids with its marketing of OxyContin. Photo: TNS Company’s marketing of addictive painkiller allegedly helped spark opioid crisis, which led to more than 200,000 US overdose deaths Purdue, owned by members…
bubmag
October 21, 2020
Purdue Pharma and the Sackler Family’s Plan to Keep Its Billions Oxycodone

Purdue Pharma and the Sackler Family’s Plan to Keep Its Billions

This past January, the Justice Department announced the results of investigations into Practice Fusion, a San Francisco-based company that maintains an online platform for health records. According to prosecutors, Practice Fusion had created a digital alert that prompted physicians to recommend strong opioid painkillers while meeting with patients. In return…
bubmag
October 4, 2020
Exclusive: U.S. pursues nearly $13 billion of claims in Purdue Pharma opioid probes Oxycodone

Exclusive: U.S. pursues nearly $13 billion of claims in Purdue Pharma opioid probes

NEW YORK (Reuters) - U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s alleged role in fueling the nation’s opioid crisis, people familiar with the matter said.FILE PHOTO: A…
bubmag
August 5, 2020
US pursues nearly $13B of claims in Purdue Pharma opioid probes, sources say Oxycodone

US pursues nearly $13B of claims in Purdue Pharma opioid probes, sources say

NEW YORK — U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s alleged role in fueling the nation’s opioid crisis, people familiar with the matter said U.S. Justice Department…
bubmag
August 5, 2020