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Purdue Pharma to Pay $270 Million Settlement to Oklahoma

posted by martyb on Tuesday March 26 2019, @10:48PM   Printer-friendly
from the it's-a-start dept.

takyon writes:

Purdue Pharma settles opioid lawsuit for $270m

Purdue Pharma, the drug-maker owned by the billionaire Sackler family, has reached a $270m settlement in a lawsuit which claimed its opioids contributed to the deaths of thousands of people.

The deal with Oklahoma is the first settlement the US firm has struck amid some 2,000 other lawsuits it is facing linked to its painkiller OxyContin.

Purdue is one of several firms named in the claim which alleged they used deceptive practices to sell opioids.

[...]Under the settlement, Purdue will pay $102.5m towards the creation of a National Centre for Addiction Studies and Treatment at Oklahoma State University.

The Sacklers themselves said that they will contribute $75m over five years to the centre.

Also at CNN and NBC.

Previously: OxyContin Maker Purdue Pharma May File for Bankruptcy to Disrupt Lawsuits

Original Submission

 
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  • (Score: 2) by tizan on Tuesday March 26 2019, @11:17PM (12 children)

    by tizan (3245) on Tuesday March 26 2019, @11:17PM (#820396)

    They paid family members $4bn ...Guess how much profit they made...this is not even causing a dent

    48000 overdose in 2017

    https://www.theguardian.com/society/2019/feb/01/oxycontin-sackler-family-profits-opioid-crisis-court-files-reveal [theguardian.com]

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  
    Total Score:   2  

  • (Score: 0) by Anonymous Coward on Tuesday March 26 2019, @11:37PM (9 children)

    by Anonymous Coward on Tuesday March 26 2019, @11:37PM (#820400)

    It's hilarious to me that fake stats like this is the way to take down these scammers . Rather than revealing their entire method of figuring out what is a good idea to give to people or not is essentially a bunch of strung together fallacies (NHST), it is better to come up with more fallacious statistics.

    • (Score: 2) by c0lo on Tuesday March 26 2019, @11:53PM (8 children)

      by c0lo (156) Subscriber Badge on Tuesday March 26 2019, @11:53PM (#820407) Journal

      ...revealing their entire method of figuring out what is a good idea to give to people...

      This doesn't quite parse. Care to rephrase it for a human mind?

      --
      https://www.youtube.com/@ProfSteveKeen https://soylentnews.org/~MichaelDavidCrawford

      • (Score: 1, Funny) by Anonymous Coward on Tuesday March 26 2019, @11:56PM

        by Anonymous Coward on Tuesday March 26 2019, @11:56PM (#820408)

        Clearly the writings of a Purdue Pharma patient.

      • (Score: 0) by Anonymous Coward on Wednesday March 27 2019, @12:32AM (6 children)

        by Anonymous Coward on Wednesday March 27 2019, @12:32AM (#820421)

        their entire method of figuring out what is a good idea to give to people or not

        Whether the benefits outweigh the cost when giving sick people a drug.

        • (Score: 2) by c0lo on Wednesday March 27 2019, @12:44AM (3 children)

          by c0lo (156) Subscriber Badge on Wednesday March 27 2019, @12:44AM (#820427) Journal

          their method of figuring "Whether the benefits outweigh the cost when giving sick people a drug." [theguardian.com]

          Scientists in the federal government and inside Purdue warned Richard Sackler, then the senior vice-president of Purdue responsible for sales, of the risks that OxyContin would be abused if it was uncontrolled.

          After a co-worker wrote to him with such a warning Sackler responded, according to Tuesday’s filing: “How substantially would it improve your sales?”

          --
          https://www.youtube.com/@ProfSteveKeen https://soylentnews.org/~MichaelDavidCrawford

          • (Score: 0) by Anonymous Coward on Wednesday March 27 2019, @01:03AM (2 children)

            by Anonymous Coward on Wednesday March 27 2019, @01:03AM (#820433)

            What is your point? The government approved it cause "p < 0.05" and they hadn't reached their quote for drugs to approve yet that year.

            • (Score: 2) by c0lo on Wednesday March 27 2019, @01:44AM (1 child)

              by c0lo (156) Subscriber Badge on Wednesday March 27 2019, @01:44AM (#820440) Journal

              What is your question? Are you able to formulate it coherently?

              Rather than revealing their entire method of figuring out what is a good idea to give to people or not

              Who are they?

              The government approved it cause "p they hadn't reached their quote for drugs to approve yet that year.

              How is the emphasis relevant?

              --
              https://www.youtube.com/@ProfSteveKeen https://soylentnews.org/~MichaelDavidCrawford

              • (Score: 0) by Anonymous Coward on Wednesday March 27 2019, @01:51AM

                by Anonymous Coward on Wednesday March 27 2019, @01:51AM (#820442)

                Sorry, I don't have a question for you. It is clear what will convince you, and it don't involve no compound sentences.

        • (Score: 2) by Runaway1956 on Wednesday March 27 2019, @02:10AM (1 child)

          by Runaway1956 (2926) Subscriber Badge on Wednesday March 27 2019, @02:10AM (#820446) Journal

          I don't think anyone questions that oxycontin is a good and useful drug, sometimes. Pushing drugs for profit is the issue here. Rewarding successful pushers is the issue.

          --
          “I have become friends with many school shooters” - Tampon Tim Walz

          • (Score: 0) by Anonymous Coward on Wednesday March 27 2019, @02:21AM

            by Anonymous Coward on Wednesday March 27 2019, @02:21AM (#820455)

            Here is what they did:

            1. Test "addictiveness" in in-patients who are sitting in a miserable room under doctor/nurse supervision
            - Result: p < 0.05 for pain killing but p > 0.05 for habit-forming

            2. Extrapolate the results of #1 to out-patients who are sitting at home watching TV and drinking beer when they pop a pill

  • (Score: 2) by krishnoid on Wednesday March 27 2019, @12:02AM (1 child)

    by krishnoid (1156) on Wednesday March 27 2019, @12:02AM (#820412)

    If you want to start making a dent, you could consider acupuncture as a first-line treatment, as the military does [google: opioid acupuncture pubmed]. Most of the studies come from alternative medicine journals, but it's the kind of thing that could stop the pain before even needing an opioid prescription -- especially as acupuncture doesn't seem to help with opioid addiction [nih.gov] itself.

    • (Score: 0) by Anonymous Coward on Wednesday March 27 2019, @12:44AM

      by Anonymous Coward on Wednesday March 27 2019, @12:44AM (#820426)

      No, I now really think making a dent needs to be detached from reality the same way these people made a dent. Whether people should be using a treatment or not is totally irrelevant.