McKinsey: 60 billion yen fine for promotional advice: Advising Purdue Pharma, Sackler family
-Reconciliation with the state on the US opioid problem-
McKinsey & Company:
Proceedings frequently filed in the United States for exacerbating addiction with opioid promotional advice
McKinsey Denies Cheating- “Past Business Was Legal”
To multiple pharmaceutical companies that sold opioid painkillers
Give marketing advice,
As exacerbated opioid addiction in the United States
He was sued by several states in the United States.
It has agreed to pay $ 573 million to settle this issue.
McKinsey Email:
However, in the material distributed on the 4th, he claims that he “denied cheating and his past work was legal.”
Bloomberg
https://www.bloomberg.co.jp/news/articles/2021-02-04/QNZBW6DWLU6B01
McKinsey to pay $573 million to settle claims over opioid crisis role:
Consulting firm McKinsey & Co
has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a person familiar with the matter.
The settlement is with 43 states, the District of Columbia and three territories, the person said on Wednesday.
Several attorneys general said they planned announcements on the opioid epidemic on Thursday.
They included Vermont’s attorney general, T.J. Donovan, whose office said it would announce its participation in the first multi-state opioid settlement to result in substantial payment to the states to address the epidemic.
McKinsey did not respond to requests for comment.
McKinsey previously
came under scrutiny for its role advising Purdue Pharma and the wealth Sackler family that owns the drugmaker.
A lawsuit by Massachusetts Attorney General Maura Healey
alleged McKinsey advised the Sacklers on how to “turbocharge” opioid sales.
More than 3,200 lawsuits
are pending, seeking to hold drug makers, distributors and pharmacies responsible for an opioid addiction epidemic that according to U.S. government data resulted in 450,000 overdose deaths from 1999 to 2018.
source | Article [AMP] | Reuters
https://www.reuters.com/article/us-usa-mckinsey-idUSKBN2A405Q