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Purdue Pharma LP

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  • Wednesday, 27 September, 2023
    McKinsey
    McKinsey pays out another $230mn to settle opioid cases

    Consultancy admits no wrongdoing as it resolves claims from municipalities and school districts

    OxyContin pills
  • Thursday, 10 August, 2023
    Supreme Court halts $6bn Purdue opioid settlement in blow to Sacklers

    Justices will consider whether the law permits the waiver of future claims against parties not in bankruptcy

    A pharmacist holds a bottle of OxyContin
  • Wednesday, 31 May, 2023
    LexBankruptcy
    Sacklers/Purdue: judges do not want perfect to be enemy of good Premium content

    A court ruling clears the way for swift payment for those affected by the US opioid crisis

    OxyContin bottle and pills
  • Tuesday, 30 May, 2023
    US opioid epidemic
    Purdue Pharma allowed to shield Sackler owners from opioid lawsuits

    Appeals court says some liability releases are ‘appropriate’ under US bankruptcy law

    A bottle of OxyContin made by Purdue Pharma
  • Tuesday, 16 May, 2023
    University of Oxford
    Oxford university drops Sackler name from buildings after investigation

    Decision comes at end of review instigated by new vice-chancellor Irene Tracey

    A view of the Radcliffe Camera building, part of the Bodleian Library, in Oxford
  • Monday, 20 February, 2023
    News in-depthFT Investigations
    Oxford university stuck with Sacklers as opioid deaths led others to cut ties

    Documents show privileged access to the Boat Race and continued acceptance of donations

    Dame Theresa Sackler
  • Wednesday, 27 April, 2022
    Pharmaceuticals sector
    McKinsey rebuts conflict claims over work for health regulator and opioid makers

    Congressional probe found 22 consultants had advised both the US FDA and drug manufacturers over a decade

    Bob Sternfels testifies remotely at a House Oversight and Reform committee hearing
  • Thursday, 3 March, 2022
    Purdue and US states agree new $6bn settlement for opioid litigation

    Members of Sackler family who owned OxyContin maker will increase financial contribution but still receive a legal shield

  • Friday, 18 February, 2022
    US opioid epidemic
    Sackler owners offer up to $6bn to settle Purdue Pharma bankruptcy

    Proposal revealed by court mediator comes after a judge rejected earlier deal

  • Friday, 17 December, 2021
    Lex
    Sacklers/opioids: upended bankruptcy will be good for lawyers and perhaps no one else Premium content

    It is unfortunate that critics of the current system have not articulated a better one for the aggrieved

    A pharmacist holds a bottle of OxyContin in Utah, US
  • Friday, 17 December, 2021
    US opioid epidemic
    Judge overturns $4.5bn opioid-related settlement in Purdue Pharma bankruptcy

    Sackler family was to make multibillion-dollar contribution in exchange for protection from lawsuits

  • Thursday, 9 December, 2021
    US opioid epidemic
    Sackler name to be removed from Metropolitan Museum of Art galleries

    Move is the latest fallout for members of the family that owned opioid maker Purdue Pharma

  • Thursday, 4 November, 2021
    InterviewTelevision
    ‘We’ve been screaming’: the makers of Dopesick on reframing the opioid crisis

    Writer Beth Macy and director Barry Levinson discuss taking on the Sacklers and victim-blaming in their mini-series

  • Wednesday, 1 September, 2021
    Sacklers shielded from future lawsuits in Purdue settlement

    Judge approves bankruptcy plan for opioid maker in which family will pay $4.5bn

    OxyContin pills
  • Sunday, 8 August, 2021
    News in-depthUS opioid epidemic
    Purdue’s bankruptcy deal shields Sackler family owners from future opioid liability

    Critics say concessions in case regarding the company diminishes accountability in overdose scandal

  • Thursday, 8 July, 2021
    US opioid epidemic
    Purdue secures backing from more states for settlement

    Agreement with holdouts brings US drugmaker a step closer to emerging from bankruptcy

  • Wednesday, 28 April, 2021
    ReviewFT Books Essay
    Empire of Pain — the story of the Sacklers and OxyContin

    Patrick Radden Keefe’s saga of how a pharmaceutical dynasty unleashed a wave of dependency and grew rich from it

  • Monday, 22 March, 2021
    McKinsey
    McKinsey reaches $45m opioid settlement with Nevada

    Agreement brings consultancy’s total bill for prescription painkiller advice to $619m

  • Tuesday, 16 March, 2021
    US opioid epidemic
    Sackler family offers to pay $4.3bn in bankruptcy settlement

    Owners of opioid maker Purdue Pharma pledge extra money to win over US states that rejected deal

  • Tuesday, 16 February, 2021
    Due Diligence
    A closer look at McKinsey’s mysterious firings Premium content

    Answers emerge as to the unexplained departures from the consultancy’s investment banking research unit

  • Monday, 15 February, 2021
    Tom Peters
    McKinsey’s work on opioid sales represents a new low

    My former consultancy demonstrates what is wrong with business school graduates

    Tom Peters: McKinsey is one of the biggest employers of MBA graduates, and in my opinion this is not unrelated to the OxyContin affair
  • Friday, 5 February, 2021
    Due Diligence
    McKinsey’s most pressing client: itself Premium content

    After settling opioid crisis-related claims and separately firing two partners, the consultancy weighs its next move

  • Friday, 29 January, 2021
    US opioid epidemic
    McKinsey in advanced talks with US states to settle opioid claims

    Consultancy not likely to admit wrongdoing or liability over its advising of drug companies

  • Thursday, 17 December, 2020
    US opioid epidemic
    Members of Sackler family refuse to take blame for US opioid crisis

    Two former board members tell Congress they do not bear personal responsibility for addiction epidemic

    David Sackler and Kathe Sackler testify to the House oversight committee via video link. Ms Sackler said she could not think of anything she would have done differently
  • Sunday, 25 October, 2020
    The FT ViewThe editorial board
    Securing justice for the victims of opioid abuse

    Investigators must bring to book the highest profile perpetrators

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