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OxyContin maker s settlement goes to judge for confirmation

OxyContin maker s settlement goes to judge for confirmation
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.

Sackler family: three takeaways from a new book about the dynasty s rise and fall

In Empire of Pain: The Secret History of the Sackler Dynasty, Patrick Radden Keefe charts the fortunes of the Sackler family, which prided itself on a long and distinguished history of philanthropy in the US and UK. Institutions such as the Metropolitan Museum of Art in New York, the Smithsonian in Washington, DC, and the Victoria and Albert Museum and Serpentine Galleries in London, have all benefitted from the family’s largesse. But in the past three years, evidence of unethical behaviour by some of the family members when marketing OxyContin, an opioid produced by the family firm Purdue Pharma, has led to a spectacular fall from grace (more than 450,000 Americans are thought to have died of opioid-related overdoses over the past two decades). On 15 March, Purdue Pharma filed for bankruptcy in a New York court in an attempt to settle nearly 3,000 lawsuits against it from state and local governments, Native American tribes, hospitals and other organisations.

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