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#purduepharma — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #purduepharma, aggregated by home.social.

  1. “A Punch in the Gut”: After Years of Waiting, Many Opioid Victims Will Be Shut Out of Purdue Settlement (ProPublica, 2026-04-23)

    propublica.org/article/purdue-
    ———

    >> Nearly 140,000 people filed claims against the company for the harm they said its drugs caused. Fewer than half of them will get any compensation.

    >> ... last November, a federal judge approved a new plan that would allow the payouts to start.

    >> But this $7.4 billion bankruptcy plan — including $870 million that has been set aside for individual victims — will shut out tens of thousands of those who originally applied for a settlement, ProPublica and The Philadelphia Inquirer found. Fewer than half of those who filed claims against #Purdue will get any kind of help under the new plan, ...

    #Opioid #OxyContin #DopeSick #PurduePharma

  2. The Economics of Unaliving Your Customers

    What’s up with companies unaliving their customers? How does that even work? If your customers are not alive, how can they buy anything from you?

    #pom #purduepharma #sacklers #opioidcrisis #economics #history #conspiracy

    spectra.video/w/5re7tcUvqrBCZB

  3. The group of survivors – 75 people out of >82k who filed claims against the #BoyScouts – argued that #SCOTUS should have reopened the settlement in light of its decision last year in a similar legal dispute in involving #PurduePharma, the maker of the #opioid pain mediciation #OxyContin. In that case, a 5-4 majority rejected a bankruptcy agreement that would have shielded the #Sackler family from future lawsuits even though it made its fortune running the company.

    #law #rape #pedophilia #BSA

  4. The deal is among the largest in a series of opioid settlements brought by state & local governments against drugmakers, wholesalers & pharmacies that totaled about $50 billion. It could close a long chapter — & maybe the entire book — on a legal odyssey over efforts to hold the company to account for its role in an #OpioidCrisis connected to 900,000 deaths in the U.S. since 1999, including deaths from #heroin & illicit #fentanyl.

    #law #Sackler #PurduePharma #BigPharma #opioids

  5. Supreme Court rejects controversial Purdue Pharma bankruptcy deal—FDA approves Verona Pharma's inhaled COPD therapy —FDA declines to approve Merck-Daiichi's 'guided missile' cancer drug—bit.ly/w28kSd #supremecourt #purduepharma #bankruptcy #opioidcrisis #fda #copd #merck #cancer #pharma #pharmanews #biotech #biopharma #biotechnology #cafepharma

  6. On the #Pharma #sackler #opiod case:

    Edward Neiger, who represents thousands of victims who stood to benefit from the #PurduePharma bankruptcy settlement that the #SCOTUS blocked, called the decision “a major setback for the families who lost loves ones to overdose and for those still struggling with addiction.” In a statement, he said that “victims have been abandoned by every branch of the government.”

  7. > in 2019, the Mexican drug lord Joaquin ‘El Chapo’ Guzman was sentenced to life in prison by a United States court, and was made to forfeit 12 billion dollars, while the managers of #PurduePharma despite being given three felony convictions, did not go to jail, and the Sacklers retained possession of most of their fortune.
    #RaceAndClass #TheSacklers and #ElChapo #ElChapoSacklers
    #DrugLords