News

The Justice Department is suing Walmart, accusing the retailer of turning its pharmacies into a network of opioid suppliers that helped fuel the epidemic

The Justice Department is suing Walmart, accusing it of playing a role in the opioid epidemic. Walmart preemptively sued the federal government in October. The lawsuit alleges that Walmart pharmacies did not properly screen prescriptions, understaffed pharmacies, and pushed employees to fill prescriptions quickly. Visit Business Insider’s homepage for more […]
The Justice Department is suing Walmart, accusing the retailer of turning its pharmacies into a network of opioid suppliers that helped fuel the epidemic
News

2 members of the Sackler family, owners of OxyContin manufacturer Purdue Pharma, refused to take any personal responsibility for the opioid crisis

David and Kathe Sackler, two of the owners of Perdue Pharma, acknowledged their drug Oxycontin’s role in the opioid crisis but stopped short of accepting any liability while testifying in front of the House Oversight and Reform Committee, the Associated Press reported. The Sacklers made more than $US12 billion from […]
2 members of the Sackler family, owners of OxyContin manufacturer Purdue Pharma, refused to take any personal responsibility for the opioid crisis
Markets

Pharma stocks plunged after federal prosecutors launched a criminal probe into their role in fuelling the opioid crisis

Drug stocks plunged on Tuesday after the Wall Street Journal reported that federal prosecutors have launched a criminal probe into whether pharmaceutical companies purposely allowed painkillers to spread through US communities, fuelling the opioid crisis. Teva slumped 8%, Amneal dropped 10%, and Mallinckrodt, McKesson, and AmeriSourceBergen all fell by more […]
Pharma stocks plunged after federal prosecutors launched a criminal probe into their role in fuelling the opioid crisis
News

130 Americans die each day from opioid overdoses. Experts are asking why a lifesaving treatment isn’t widely available without a prescription.

The prescription medication naloxone can reverse an opioid overdose and has become a key tool in the US’s deadly and prolonged opioid crisis. On Friday, the US Food and Drug Administration highlighted its efforts to increase availability of naloxone, including encouraging companies to create a non-prescription product. But experts say […]
130 Americans die each day from opioid overdoses. Experts are asking why a lifesaving treatment isn’t widely available without a prescription.