BIG PHARMA LAWSUITS
In a rare turn of events, Washington State has decided to move away from proposed settlements with pharma giants and instead take several corporations to trial for the role they played in creating the opioid epidemic.
For anyone touched by America’s opioid epidemic and anyone who has followed the development of this crisis, as I have, Patrick Radden Keefe’s new book adds to our knowledge of the steps that must be taken to heal from our crisis of drugs abuse and overdoses.
In an alarming development in the ongoing litigation between thousands of plaintiffs against Purdue Pharmaceuticals (and the Sackler family that owns it), a federal judge just overturned the Sackler bid for bankruptcy protection and immunity. What does this mean for America’s most important pharma lawsuit?
The litigation of Purdue Pharma/the Sacklers is now over. One of the key aspects of the case that deserves full scrutiny is that Purdue’s owners threatened to withdraw settlement funds if they did not achieve personal immunity. In the end, they won.
A dozen states are suing a drug manufacturer and three drug distributors for more than $26 billion. Why? So they can restore the lives and mop up the wreckage left by the opioid epidemic.
It matters how businesses make their money. For Purdue Pharma, this multi-billion dollar corporation is being shut down due to the deaths caused by its frontline product, OxyContin. But is shutting the company down enough?
In a breaking news story that spread like wildfire across the U.S., the American people were informed that Purdue Pharmaceuticals, maker of OxyContin, had agreed to plead guilty to federal, criminal charges. Why?
The maker of OxyContin, Purdue Pharma, has agreed to plead guilty to three federal criminal charges for its role in creating and advancing the nation's opioid epidemic. Unfortunately, this does not even come close to holding Purdue accountable for the damage it caused.
An October 2019 article in USA Today focused on how critical it is that opioid lawsuit settlement dollars are used to treat addiction. This should be a given, to use settlements from pharma companies to treat addicts (especially considering that many addicts would not be addicts were it not for prescription painkillers).
Within the opioid addiction epidemic in this country, several types of drugs play a role. But opiates take the lead for causing the most harm, for taking the most lives, and for creating the largest public health burden.