Search for: "Purdue Pharma Company, The"
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18 Apr 2022, 8:11 am
The opioid manufacturer Purdue Pharma, beleaguered and in financial trouble, wanted to revamp its business, and an executive there sought out Dr. [read post]
23 Mar 2022, 3:51 pm
He has served on the board, or as part of the management of, some of the largest companies in the world, including as Special Committee Chairman of Purdue Pharma, CEO and CRO of SunEdison, CFO of Worldcom during its chapter 11 case, and as independent board member for Highland Capital Management, LP and WMC Mortgage, LLC. [read post]
18 Mar 2022, 9:39 am
The Sackler family-owned Purdue Pharma — the drugmaker of OxyContin — is currently in U.S. [read post]
10 Mar 2022, 6:21 pm
ET It was the first time, after years of lawsuits, that the family that owns Purdue Pharma heard directly from families who had lost loved ones to addiction. [read post]
8 Mar 2022, 8:09 am
The second negotiation involves Purdue Pharma and the company’s owners, the Sackler family. [read post]
4 Mar 2022, 3:00 am
As Reuters reports, this week Purdue Pharma and its owners the Sackler family agreed to pay $6 billion to resolve litigation brought by a group of state attorneys general related to the company’s substantial culpability for the American opioid epidemic. [read post]
28 Feb 2022, 7:02 am
Ruan is also alleged to have been one of the top prescribers in the nation of a type of fentanyl, an extremely potent synthetic opioid approved to treat breakthrough pain in cancer patients, and to have tied his prescribing practices to his own financial interests, including to manufacturers in whose companies he had purchased stock and to the drugs available in the pharmacy he and his partner owned. [read post]
2 Feb 2022, 8:00 am
Over half of this year’s $5 billion in healthcare recoveries is attributable to the $2.8 billion federal civil portion of the settlement with opioid manufacturers Purdue Pharma in October 2020 (which is during the government’s fiscal year 2021). [read post]
1 Feb 2022, 4:08 pm
Civil enforcement actions against the parties responsible for triggering and fueling the opioid epidemic are a critical part of the department’s ongoing efforts to address this crisis.Consistent with this focus, the largest False Claims Act settlements in the past year resulted from significant resolutions with prescription opioid manufacturers: Indivior Inc. and Indivior plc (Indivior), and Purdue Pharma (Purdue). [read post]
18 Jan 2022, 2:29 pm
Last year Purdue Pharma pleaded guilty to conspiracy charges for its marketing of OxyContin and other opioid products, admitting its tactics contributed to the nation’s opioid epidemic. [read post]
11 Jan 2022, 11:45 am
Indivor’s placement at number two on this list shows the continued, fraud-filled fallout from the nation’s opioid crisis, most notably highlighted by last year’s largest healthcare fraud settlement, Purdue Pharma. [read post]
11 Jan 2022, 11:45 am
Indivor’s placement at number two on this list shows the continued, fraud-filled fallout from the nation’s opioid crisis, most notably highlighted by last year’s largest healthcare fraud settlement, Purdue Pharma. [read post]
31 Dec 2021, 7:06 am
Purdue Pharma and the Sackler family, also listed in the suit, have escaped any action thus far. [read post]
28 Dec 2021, 6:59 am
It offers a (barely) fictionalized account of the unbridled greed of Purdue Pharma and the Sackler family. [read post]
21 Dec 2021, 12:35 pm
Officials from the District of Columbia and Maryland helped stymie the wealthy Sacklers from an ugly legal bargain in a multilbillion-dollar bankruptcy case involving the family-run Purdue Pharmaceuticals and thousands of lawsuits over the company’s OxyContin painkiller. [read post]
20 Dec 2021, 4:11 am
Attorney General Stein in a press conference announcing the suit compared the cofounders’ actions to those of the Sackler family, the former owners of Purdue Pharma who were sued in their individual capacity by several AGs. [read post]
7 Dec 2021, 11:42 am
Several Maryland counties and cities have filed a new lawsuit against McKinsey & Company, alleging that the consulting firm conspired with Purdue Pharma to fraudulently market opioid painkillers. [read post]
12 Nov 2021, 5:55 am
It made Purdue Pharma gazillions of dollars before the legal liability for the thousands of ruined lives ultimately bankrupted the company.There is no reason in principle why vaccines and treatments for COVID-19 would be different. [read post]
10 Nov 2021, 7:09 am
In 2017, Oklahoma sued J&J, Purdue Pharma and Teva Pharmaceuticals under the state’s public nuisance statute alleging that the drug manufacturers deceptively marketed opioids within the state. [read post]
4 Sep 2021, 6:32 pm
The Sackler family on Wednesday won immunity from opioid lawsuits linked to Purdue Pharma, their privately owned company, and its OxyContin medication when a federal judge approved a bankruptcy settlement to resolve thousands of opioid lawsuits. [read post]
