New Book Sheds Light on Sacklers, Scrupleless Oxycontin Makers

A new book lifts back the veil on the history of the Sackler family, the people who owned and invested heavily in the marketing and manufacturing of Oxycontin. “Empire of Pain: The Secret History of the Sackler Dynasty” goes into the history of the family, the source of their wealth, and their downfall as they settled lawsuits that drove the out of business.

OxyContin, the addictive painkiller known to be more powerful than morphine, is considered to be a driving force of the opioid crisis. In fact, Purdue Pharma recently settled with the government after facing hundreds of lawsuits over their practices. Doctors were said to be bribed, marketed to heavily, and even had salespeople downplay the possibilities of side effects, withdrawal, or addiction.

About the Sacklers: Oxycontin Millionaires

The Sackler family is one of the richest in America, and …

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Sackler Family Members To Testify Before Congress

David and Kathe Sackler agreed with the House Oversight Committee to appear at a hearing set for this Thursday. The two family members, who helped steer the direction of Purdue Pharmaceuticals, will be answering questions about their role in the opioid crisis. Both seemed hesitant to appear at the hearing and were threatened with a subpoena if they did not appear willingly.

Purdue and the Sackler family owners have been at the center of thousands of lawsuits for years over their role in the opioid epidemic. The opioid epidemic, fueled by Oxycontin prescriptions and reckless prescribing, has taken over 450,000 lives over the past ten years.

Purdue Chief Executive Craig Landau is testifying at the hearing as well. His testimony was planned in advance.

Purdue Pharma’s Guilty Plea

In November, Purdue Pharmaceuticals pleaded guilty to criminal charges concerning their …

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Purdue Pleads Guilty in Criminal Court

Purdue Pharma, the drugmakers responsible for Oxycontin, pleaded guilty to criminal charges this afternoon. The charges are related to the drug,  a highly addictive narcotic that has been a primary driver of the opioid epidemic.

Previous Oxycontin Lawsuits

The guilty pleas in the criminal case came after a settlement last month

In October, the Sackler Family (owners of Perdue) were handed an eight billion dollar judgment, a settlement combining thousands of lawsuits from cities, states, and counties. (Not every locality suing Perdue signed off on the settlement, and some were paid out separately, including New York, which received several billion of its own.) Purdue has filed for bankruptcy and may be restructured and overseen by the government as the Sacklers remove themselves from the business.

Perdue’s Criminal Charges

In today’s world, corporations are treated as people. It may be surprising …

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Oxycontin Makers Sink Claws Into China

A report has come out detailing the marketing moves that Purdue Pharma, the drugmaker responsible for Oxycontin and other variations of opioid, has moved on to China. Of course, it’s no big secret that companies like food and pharmaceutical makers take their wares overseas to new markets.

What’s unusual about Purdue’s business moves is that the behavior that cost billions of dollars in US lawsuits is now being deployed in China.

Boosting Sales and Breaking Laws in China

Stat News claims that when sales began to crash due to the opioid crisis, the Sacklers and their subsidiaries set their eyes on the global market. In China, Purdue’s international pharma dealer, Mundipharma, pushed for profits over ethics without fail. While the profit scheme unraveled very publicly in the US courts, quietly, Purdue Pharma began marketing elsewhere.

Current and former employees told …

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