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Judge approves up to $7M in bonuses for Purdue Pharma CEO and 4 other top executives
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Judge approves up to $7M in bonuses for Purdue Pharma CEO and 4 other top executives
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Genea-Musings: 52 Ancestors - Week 393: #614 Edward Harrington (1668-1736) of Watertown, Massachusetts
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The opioid maker Johnson & Johnson and the countryâs three largest drug distributors on Wednesday agreed to pay $26bn to settle a raft of lawsuits accusing them of acting recklessly and illegally in pushing prescription opioid sales when they knew the painkillers were driving an epidemic of addiction and overdoses.
But after announcing the deal, Johnson & Johnson continued to insist its actions were âappropriate and responsibleâ. The distributors said they still âstrongly dispute the allegations made in these lawsuitsâ even though they have previously paid significant fines to settle federal claims that they broke the law.
Families bereaved by the opioid epidemic, which has claimed 600,000 lives in two decades, criticised what they regard as a persistent failure to hold to account pharmaceutical executives who manufactured the worst drug crisis in US history by manipulating federal regulators and the medical profession into mass-prescribing narcotics with f
‘A cartel shouldn’t get away with this.’ Anger at opioid settlements that exclude admission of wrongdoing Chris McGreal in New York © Provided by The Guardian Photograph: Mark Lennihan/AP
There is growing anger among families bereaved by the US opioid epidemic at pharmaceutical companies “buying their way out of accountability” with multibillion-dollar settlements that specifically exclude any admission of wrongdoing.
The opioid maker Johnson & Johnson and the country’s three largest drug distributors on Wednesday agreed to pay $26bn to settle a raft of lawsuits accusing them of acting recklessly and illegally in pushing prescription opioid sales when they knew the painkillers were driving an epidemic of addiction and overdoses.