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McKinsey agrees to pay nearly $600M over opioid crisis in the U.S. - Vimarsana News

McKinsey agrees to pay nearly $600M over opioid crisis in the U.S.

Winnipeg Free Press By: Geoff Mulvihill, The Associated Press Posted: Last Modified: 3:41 PM CST Thursday, Feb. 4, 2021 The global consulting firm McKinsey & Company agreed to pay nearly $600 million for its role in advising businesses on how to sell more prescription opioid painkillers amid a nationwide overdose crisis. FILE - This Feb. 19, 2013, file photo shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. The global business consulting firm McKinsey & Compa...

McKinsey to pay $573M settlement for role in opioid crisis - Vimarsana News

McKinsey to pay $573M settlement for role in opioid crisis

Global consulting giant McKinsey & Company agrees to pay $573million settlement for role in opioid crisis after advising drug companies on how to 'supercharge' sales McKinsey & Co. agreed to $573million settlement with 47 states, DC, and 5 US territories over its role in advising OxyContin maker Purdue Pharma  Criticism of McKinsey escalated since New York Times report from November claimed the firm advised Purdue Pharma on ways to 'supercharge' drug sales  In December, McKinsey apologized for its work with Purdue Pharma and vowed to probe claims two senior partners discussed deleting reco...

Oxycontin Marketer Blamed for Opioid Crisis Reaches Nearly $600M Deal - Vimarsana News

Oxycontin Marketer Blamed for Opioid Crisis Reaches Nearly $600M Deal

Global consulting firm McKinsey & Co. will pay $573 million to settle claims that the aggressive marketing campaign it designed for pharmaceutical drugs intensified the national opioid crisis. OxyContin pills arranged for a 2013 photo at a pharmacy in Montpelier, Vt. (AP Photo/Toby Talbot, File) BOSTON (CN) — A coalition of 53 state attorneys general are set to collect $573 million under a Thursday settlement with McKinsey & Co., which designed marketing schemes for Purdue Pharma that included a plan to “turbocharge” sales of the addictive pain pill OxyContin at the height of the opioid...

Biden kills Trump plan on opioid-treatment prescriptions - Vimarsana News

Biden kills Trump plan on opioid-treatment prescriptions

Biden kills Trump plan on opioid-treatment prescriptions Dan Diamond © Toby Talbot/AP Trump’s last-minute plan would have exempted many physicians from the “X” waiver — a two-decade-old requirement to undergo training before they could prescribe buprenorphine for opioid use disorder. (AP Photo/Toby Talbot, File) The Biden administration said Wednesday that it is canceling a last-minute plan by its predecessors to let more physicians prescribe an opioid-treatment drug, despite exhortations to keep it from lawmakers and physician groups. The Trump administration ...

Source: msn.com
Senate report: Opioid industry has paid advocacy groups $65M | iNFOnews | Thompson-Okanagan's News Source - Vimarsana News

Senate report: Opioid industry has paid advocacy groups $65M | iNFOnews | Thompson-Okanagan's News Source

Geoff Mulvihill FILE - This Feb. 19, 2013, file photo shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. A bipartisan congressional investigation released Wednesday, Dec. 16, 2020, found that key players in the nation’s opioid industry have spent $65 million since 1997 funding nonprofits that advocate treating pain with medications, a strategy intended to boost the sale of prescription painkillers. (AP Photo/Toby Talbot, File) December 16, 2020 - 10:21 AM A bipartisan congressional investigation released Wednesday found that key player...

Source: infotel.ca