03-04-2019, 10:13 AM
|
#1
|
|
Norm!
|
Purdue Pharma exploring bankruptcy
https://twitter.com/user/status/bankruptcy
This is a big story as Purdue faces massive lawsuits over Oxycotin.
Quote:
OxyContin maker Purdue Pharma is exploring filing for bankruptcy to address potentially significant liabilities from thousands of lawsuits alleging the drug manufacturer contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday.
The deliberations show how Purdue and its wealthy owners, the Sackler family, are under pressure to respond to mounting litigation accusing the pharmaceutical company of misleading doctors and patients about risks associated with prolonged use of its prescription opioids.
|
__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
|
|
|
|
03-04-2019, 10:15 AM
|
#2
|
|
First Line Centre
Join Date: Oct 2001
Location: The centre of everything
|
Good.
|
|
|
|
The Following User Says Thank You to FLAMESRULE For This Useful Post:
|
|
|
03-04-2019, 10:48 AM
|
#3
|
|
Crash and Bang Winger
|
I generally don't pile on the US as is so popular to do, but only in the US do they throw people in jail 20 years for minuscule amount of illegal drugs and prescribe Oxy by the truckload.
|
|
|
|
|
03-04-2019, 11:13 AM
|
#4
|
|
Powerplay Quarterback
|
Quote:
Originally Posted by FLAMESRULE
Good.
|
Why is this "good"?
By declaring bankruptcy, all of the ongoing litigation halts and essentially no new litigation can be filed, thereby effectively allowing those who profited to keep (most of) the profits and potentially avoid being held responsible for their actions, while simultaneously keeping those who were harmed from seeking any recompense.
|
|
|
|
|
The Following 7 Users Say Thank You to HockeyIlliterate For This Useful Post:
|
|
|
03-04-2019, 05:35 PM
|
#5
|
|
Franchise Player
|
According to Wikipedia they make all the fun drugs. They have estimated revenue of $3,000,000,000. It has to be hard to make payroll on that.....
__________________
If I do not come back avenge my death
|
|
|
|
|
03-04-2019, 05:59 PM
|
#6
|
|
Franchise Player
Join Date: Jan 2010
Location: east van
|
Scum should be forced to ingest their own product, nothing more than El Chapo in a suit and tie
|
|
|
|
|
The Following User Says Thank You to afc wimbledon For This Useful Post:
|
|
|
03-04-2019, 06:05 PM
|
#7
|
|
Franchise Player
Join Date: Sep 2012
Location: SW Calgary
|
They're just a drug cartel without the guns. #### 'em
|
|
|
|
|
03-05-2019, 01:03 PM
|
#8
|
|
Scoring Winger
|
Why didn't the FDA do something about this 5 years ago. This has been a huge issue and problem for a long time.
|
|
|
|
|
03-05-2019, 01:10 PM
|
#9
|
|
Lifetime Suspension
|
They're just going to be the fall guys for the opiod crisis, it won't be much of a punishment once it all plays out and no one else will get in trouble. The conspiracy theorist in me thinks this goes pretty high up, that or it's just an amazing coincidence that the US opioid crisis started right after the US military gained control of Afghani poppy fields
|
|
|
|
|
03-05-2019, 01:32 PM
|
#11
|
|
Scoring Winger
|
Quote:
Originally Posted by Tron_fdc
|
You've got to be kidding me.
|
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 10:08 AM.
|
|
