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Drudge Retort: The Other Side of the News
Thursday, October 22, 2020

Purdue Pharma has agreed to plead guilty to three federal criminal charges for its role in creating the nation's opioid crisis and will pay more than $8 billion and close down the company.

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The company pleaded guilty to violating federal anti-kickback laws, as it paid doctors ostensibly to write more opioid prescriptions.

According to the CDC, 450,000 people died in the United States in the 10 years starting in 1999 from overdoses involving any opioid, including prescription and illicit opioids. But while the more than $8 billion in fines and penalties in the agreement is a record to be paid by a pharmaceutical company, it is only a fraction of what it has cost federal, state and local governments to combat the opioid crisis.

States across the country have filed claims topping $2 trillion in the Purdue Pharma bankruptcy case.

#1 | Posted by censored at 2020-10-21 12:30 PM | Reply | Newsworthy 2

How much is the C-Suite allowed to steal from it before it closes?

#2 | Posted by Nixon at 2020-10-21 01:03 PM | Reply

#2 The owners already moved billions offshore.

www.cbsnews.com

#3 | Posted by bored at 2020-10-21 01:08 PM | Reply | Newsworthy 4

No. They go to jail. This is BS. I heard about this and I am apoplectic with rage. No way should they get this.

#4 | Posted by HeliumRat at 2020-10-21 02:01 PM | Reply | Newsworthy 2

Lock em' up.

#5 | Posted by Effeteposer at 2020-10-21 02:33 PM | Reply

They should absolutely go to prison. For a LONG time. Won't happen though. Want to be the reason they settled is it doesn't look like Trump will win?

#6 | Posted by GalaxiePete at 2020-10-21 03:32 PM | Reply | Newsworthy 2

Purdue Pharma admits to crimes for its OxyContin marketing. But no one is going to prison.
www.vox.com

...Purdue admits it illegally and misleadingly marketed its opioids, including "to more than 100 health care providers whom the company had good reason to believe were diverting opioids" for misuse; illegally paid doctors to prescribe more opioids; and took part in other fraudulent and illegal practices. Purdue says it did all of this between 2007 and at least 2017 " after a separate guilty plea in 2007 forced the company to pay more than $600 million in fines.

But no one " neither the company's executives nor members of the Sackler family, which owns Purdue " will go to jail or prison as a result of the settlement.

Despite the settlement, it's unclear how much Purdue will actually pay. The company is in the middle of bankruptcy proceedings, with claims from other people to whom it effectively owes money. The federal government is only one of many entities that Purdue's holdings will likely be divvied up among....


#7 | Posted by LampLighter at 2020-10-21 04:29 PM | Reply

chump change

#8 | Posted by RightisTrite at 2020-10-22 09:04 AM | Reply | Newsworthy 1

The way I heard it the company doesn't actually still have the money to even pay the fines but the family that owns the company will keep their billions and pay a 250 million dollar fine for being responsible for hundreds of thousands of deaths. That ain't justice but when the Justice Dept. is run by Bill Barr no one expect real justice. Bill Barr needs to serve time in a federal penitentiary. He is a disgusting whore.

#9 | Posted by danni at 2020-10-22 09:12 AM | Reply | Newsworthy 1

No. They go to jail. This is BS. I heard about this and I am apoplectic with rage. No way should they get this.

#4 | Posted by HeliumRat

You shouldnt vote for whoever appointed this attorney general then.

#10 | Posted by SpeakSoftly at 2020-10-22 01:09 PM | Reply

Wonder how much a cut the actual patients get? A lot of folks in jail for being unable to stop when doctors cut them off there pain meds.

#11 | Posted by Scotty at 2020-10-22 05:08 PM | Reply

Opiates are the new bte noire. Like pot used to be. Like alcohol used to be.

Just one more tool in the toolbox of government keeping people under their thumb, in their self-contained box (home), and afraid.

The majority of opiate deaths are from illicit heroin and fentanyl.

--No citation necessary

#12 | Posted by madscientist at 2020-10-22 06:13 PM | Reply

#12 - I can explain, anecdotally, why that may be the case - if you're interested.

Here pill mills were rampant. A friend of mine came back from Afghanistan hooked on Oxy. The military cut him off, tried to help a bit with the addition, but it didn't work. He started buying off the street. Just to feel normal. Not to get high - it didn't do anything for him but gave him his life back. And it was cheap. He started using but continued to work to get free of it.

He finally got clear, was attending N.A.

Then the state clamped down and the street price skyrocketed. Heroin became 1/10th the cost. He relapsed and after going through his personal funds buying Oxy, he ended up resorting to Heroin just to feel normal.

He finally got clear again.

Then he relapsed. He found a source for heroin and went for the same amount he previously had last used. Thankfully he was found before he died, was given Narcan and he made it. Last I knew he was still clean and doing well.

#13 | Posted by YAV at 2020-10-22 06:34 PM | Reply

Tell the family that as part of the settlement they get one free hellfire missile, or they can pay back all their blood soaked lucre and report to jail.

#14 | Posted by bored at 2020-10-22 07:44 PM | Reply

Sweet profits for years though! Corporate medicine for the win! The fda/dea just counted the tons of pills as they went by.

#15 | Posted by Brennnn at 2020-10-23 04:49 AM | Reply | Newsworthy 1

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