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Old 05-04-2018, 11:23 AM   #1
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Default Article on the Opiod Crisis and ties to the Sackler Family

https://www.newyorker.com/magazine/2...empire-of-pain

A long but interesting look at the Sackler family, medical advertising and OxyContin
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Old 05-04-2018, 12:11 PM   #2
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A private health care system where doctors who can legally prescribe strong opioids are financially incentivized to keep their customers happy was a disaster waiting to happen.

I'm not against bringing to light the people who took advantage of that system for huge personal gains, but ultimately blaming the (admittedly shady) drug dealers for the drug problem isn't going to make the problem go away.
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Old 05-03-2019, 09:38 AM   #3
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Didn't know where to put this.


https://www.ctvnews.ca/business/phar...ioid-1.4406409


Good!
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Old 05-03-2019, 02:48 PM   #4
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Sure would be nice if the media would do their jobs and also go after the greasy politicians who turned a blind eye to the fentanyl-related, money-laundering schemes being perpetrated in this country through casinos and real estate. Say what you will about John Horgan, but at least the current government and AG here are attempting to get to the bottom of an issue that the previous government knew of and did nothing about. Both federal parties have been content to sit on their hands, too. But hey, what's a few thousand overdose deaths when they can provide the perception that you're managing the economy well?
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Old 05-03-2019, 04:30 PM   #5
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Its so crazy how corporate greed and government corruption basically got regular citizens going to the doctor addicted to opiods. We put a lot of trust in our doctors, and it sickens me that they also played a willing part in getting people hooked on this stuff. If I were a religious person, I would sure hope there's a special place in hell for people like the Sacklers and their ilk.
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Old 05-03-2019, 05:00 PM   #6
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A perfect storm really. Combine a medical system pushing drugs and a flood of dirt cheap fentanyl from China, and here we are.
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Old 05-03-2019, 05:13 PM   #7
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One aspect that isn't talked about nearly enough in Canada is the type of health care system we have and the wait times for timely treatment.

When people get injured or are hurt, it's not unusual for people waiting months and months and sometimes even years for treatment. By the time a proper diagnoses happens something like a back, hip, knee, shoulder injury etc, SOME and a lot of people have been taking strong pain killers for far too long.

Waiting months for MRI's and than months and months for surgical appointments is BS. People in extreme pain need to have that pain dealt with before their 2 year finale with our health care system.

I will never forget what 2 different banking clients I had once said to me. One was taking out $10k for a surgery that was needed in the US because of their timely treatment vs the year long adventure in Alberta. He said he had waited so long for surgery that his golfing friends had left him off the foursome of regular play and he had lost an important part of his social circle and was lonely and depressed during spring and summer. He was hoping to be part of that again once he rehabbed.

Another talked about the platinum level of service she was getting for $15k for something that in Alberta was taking forever. She made it a tax deductible Florida vacation for her.

Health care delayed is health care denied and the government and their policies with regards to wait times also have a serious hand in this entire mess for a lot of people.
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Old 05-03-2019, 05:40 PM   #8
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Just remember, in the United States, your doctor probably made their decision on what opiod to prescribe based on how much the office enjoyed the lunch that was given to them by the sales representative in a business miniskirt and high heels.
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Old 05-03-2019, 06:57 PM   #9
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The only question is the over / under for lawsuits for this vs the Cigarette companies
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Old 08-26-2019, 03:05 PM   #10
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Bump breaking news


https://twitter.com/user/status/1166092419156328453


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An Oklahoma judge has found Johnson & Johnson and its subsidiaries helped fuel the state's opioid drug crisis and ordered the consumer products giant to pay $572 million US to help address the problem.

It sounds like a lot of money, but I'm betting the damage done to people in Oklahoma outweighs the $572 million.
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Old 08-26-2019, 03:09 PM   #11
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Johnson and Johnson makes more than $20B per quarter, that is hardly a slap on the wrist. There needs to be farm more penalties including jail time for the executives involved.
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Old 08-26-2019, 03:13 PM   #12
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I agree, however this is one States challenge, and it was settled, I doubt that J+J wants this to get anywhere near an actual courtroom with an actual judge or jury, so hopefully this opens the flood gates. J+J needs to be hammered for this as do other companies with the same practices in terms of drug marketing.
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Old 08-27-2019, 02:40 PM   #13
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Offer to settle for $10 to 12 billion dollars by Purdue to settle 2000 lawsuits.


https://twitter.com/user/status/1166447816337698816
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Old 09-16-2019, 11:13 AM   #14
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https://www.cbc.ca/news/health/purdu...ment-1.5284827


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Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, N.Y., days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids.
The filing was anticipated before and after the tentative deal, which could be worth up to $12 billion US over time, was struck.
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Old 09-16-2019, 11:28 AM   #15
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N.Y. AG: We found $1 billion in Sackler wire transfers, Purdue Pharma owners are 'lowballing' opioid victims

https://www.nbcnews.com/news/us-news...sfers-n1054401

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New York Attorney General Letitia James has subpoenaed 33 financial institutions for information about the Sackler family's wealth, and Friday's filing represents the response of just one unnamed institution.

The Oregon attorney general’s office said the Sacklers took $11 billion from the company from 2008 through 2018. The Oregon AG alleges those transfers were made to protect the family from a growing number of lawsuits and “starved” the company, leaving it with no other option but to file for bankruptcy.
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