Tag: OxyContin (Drug)

Would a Purdue Bankruptcy Protect the Sacklers? Good Question.

After months of negotiations and threats, Purdue Pharma has finally filed for bankruptcy. But it’s hardly a done deal. The bankruptcy filing is part of a settlement agreement that the company and its owners negotiated with lawyers for states and thousands of local governments that have struggled for years with the opioid crisis. They support […]

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Purdue Pharma Files for Chapter 11 Bankruptcy

Purdue Pharma, maker of OxyContin, the drug widely seen as igniting the opioid crisis, filed for Chapter 11 bankruptcy on Sunday night, a move at the center of the company’s efforts to shield itself and its owners from more than 2,600 federal and state lawsuits. The terms of the filing, which include a proposed resolution […]

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Purdue Pharma Settles Thousands of Opioids Cases

Purdue Pharma and its owners, members of the Sackler family, have tentatively reached the first comprehensive settlement with lawyers representing thousands of municipal governments, tribes and states nationwide that are suing the pharmaceutical industry for the devastation resulting from the opioid epidemic. The company is expected to file for Chapter 11 bankruptcy imminently. The settlement, […]

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Sacklers vs. States: Settlement Talks Stumble Over Foreign Business

Purdue Pharma’s negotiations to settle thousands of lawsuits over the company’s role in the opioids crisis have turned into a standoff between members of the Sackler family, who own the company, and a group of state attorneys general over how much the family should pay and whether it can continue selling drugs abroad. The Sacklers […]

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Sacklers Would Give Up Ownership of Purdue Pharma Under Settlement Proposal

The Sackler family would give up ownership of Purdue Pharma, the company blamed for much of the opioid epidemic, and pay $3 billion of their own money under terms of a settlement proposal to resolve thousands of federal and state lawsuits, according to a person familiar with the negotiations. The discussions have been going on […]

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Johnson & Johnson’s Brand Falters Over Its Role in the Opioid Crisis

In the 1980s, Johnson & Johnson needed a reliable supply of opium for a popular product, Tylenol with codeine. So the health care conglomerate, better known for baby shampoo and Band-Aids, bought a business that grew and processed opium poppies in faraway Tasmania, off the coast of Australia. By 2015, at the height of the […]

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Why Was Johnson & Johnson the Only Opioid Maker on Trial in Oklahoma?

Some two dozen opioid manufacturers, drug distributors and retailers are now being sued by states, counties, cities and tribes across the nation for their roles in the opioid crisis, yet Johnson & Johnson, the corporate giant, wound up as the only company on trial in Oklahoma despite the fact that its drugs accounted for only […]

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A Nun, a Doctor and a Lawyer — and Deep Regret Over the Nation’s Handling of Opioids

PENNINGTON GAP, Va. — Years before there was an opioid epidemic in America, Sister Beth Davies knew it was coming. In the late 1990s, patient after patient addicted to a new prescription painkiller called OxyContin began walking into the substance abuse clinic she ran in this worn Appalachian town. A local physician, Dr. Art Van […]

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No Pre-Reading, No Rehearsing: How ‘The Weekly’ Kept Its Recreation of Historic Opioid Testimony Authentic

Video CreditCredit“The Weekly”/The New York Times/FX/Hulu Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together. The parents, grandparents, husbands and wives came forward one by one to testify. In a federal courtroom in western Virginia, they told a judge about children lost to deadly […]

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A Secret Opioid Memo That Could Have Slowed an Epidemic

Episode 10: ‘The Memo’ Producer/Director John Pappas A confidential government document containing evidence so critical it had the potential to change the course of an American tragedy was kept in the dark for more than a decade. The document, known as a “prosecution memo,” details how government lawyers believed that Purdue Pharma, the maker of […]

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New York Subpoenas Banks, Financial Advisers for Sackler Records

The New York state attorney general has begun issuing subpoenas to 33 financial institutions and investment advisers with ties to the Sackler family, part of an aggressive effort to track billions of dollars that prosecutors claim the family siphoned out of Purdue Pharma to hide profits gained from the company’s opioid painkillers. The recipients of […]

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Arizona Files Novel Lawsuit in Supreme Court Over Opioid Crisis

WASHINGTON — Saying the opioid crisis requires bold measures, the state of Arizona filed an audacious lawsuit in the Supreme Court on Wednesday asking the justices to order members of the Sackler family, which owns Purdue Pharma, to return what the state said were billions of dollars looted from the company. “We want the Supreme […]

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McKinsey Advised Johnson & Johnson on Increasing Opioid Sales

At the global consulting firm McKinsey & Company, the rule is sacrosanct: Never publicly disclose client advice. And for the most part, adherence to that rule has served the company well. But in recent months, as government officials seek to assign blame for the opioid crisis that has strangled large parts of the nation, McKinsey’s […]

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The Four Ordinary People Who Took on Big Pharma

ROANOKE, Va. — In the beginning, there were just four: the Godfather from Philly, the Army sergeant from Georgia, the professor from California and the feisty mom from Florida. It was the early 2000s, and they usually talked over old-school computer message boards. Occasionally they gathered in person, carrying posters of their children and middle-aged […]

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Louvre Removes Sackler Family Name From Its Walls

The Louvre in Paris has removed the name of the Sackler family from its walls, becoming the first major museum to erase its public association with the philanthropist family linked with the opioid crisis in the United States. The Louvre’s collection of Persian and Levantine artifacts is housed in a wing which has been known […]

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Inside the Elementary School Where Addiction Sets the Curriculum

MINFORD, Ohio — Inside an elementary school classroom decorated with colorful floor mats, art supplies and building blocks, a little boy named Riley talked quietly with a teacher about how he had watched his mother take “knockout pills” and had seen his father shoot up “a thousand times.” Riley, who is 9 years old, described […]

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‘Become My Mom Again’: What It’s Like to Grow Up Amid the Opioid Crisis

PORTSMOUTH, Ohio — Layla Kegg’s mother, back home after three weeks who knows where, says she’s done with heroin, ready for rehab and wants to be part of her daughter’s life. But Layla has heard all of this before and doesn’t believe a single word. Layla’s trust was broken long ago, after years of watching […]

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