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
News

New York authorities discovered $1 billion in wire transfers by the Sackler family as authorities suspect they are hiding wealth from lawsuits

The New York attorney general’s office said it found a previously unknown $US1 billion in wire transfers by the Sackler family, the owners of pharmaceutical giant Purdue Pharma. Authorities added that millions of dollars of the uncovered wire transfers involved Mortimer D.A. Sackler, a former Purdue board member who the […]
New York authorities discovered $1 billion in wire transfers by the Sackler family as authorities suspect they are hiding wealth from lawsuits
Lifestyle

The Sacklers tentatively agreed to pay $3 billion out of their pockets and dissolve Purdue Pharma to settle thousands of opioid lawsuits

The owners of Purdue Pharma – including members of the Sackler family – have reached a tentative settlement agreement in thousands of lawsuits over what accusers say is misleading marketing of OxyContin that’s been partly responsible for the US opioid crisis, The New York Times reported Wednesday. State attorneys general […]
The Sacklers tentatively agreed to pay $3 billion out of their pockets and dissolve Purdue Pharma to settle thousands of opioid lawsuits
News

Elizabeth Warren is picking a fight with the billionaire family that is accused of deceptively marketing opioids like OxyContin

Sen. Elizabeth Warren, the Massachusetts Democrat and 2020 presidential candidate, said she’d like to see an America where the billionaire Sackler family is held accountable for its role in precipitating the opioid crisis. The Sackler family owns the pharmaceutical giant Purdue Pharma and is being sued for allegedly deceptive marketing […]
Elizabeth Warren is picking a fight with the billionaire family that is accused of deceptively marketing opioids like OxyContin
Lifestyle

The family behind OxyContin pocketed $10.7 billion from Purdue Pharma. Meet the Sacklers, who built their $13 billion fortune off the controversial opioid.

The family behind Purdue Pharma, the Sacklers, is one of the richest families in the US, with an estimated $US13 billion fortune that came primarily from sales of controversial prescription painkiller OxyContin. Purdue Pharma filed for bankruptcy in September, as part of a tentative settlement agreement in thousands of lawsuits […]
The family behind OxyContin pocketed $10.7 billion from Purdue Pharma. Meet the Sacklers, who built their $13 billion fortune off the controversial opioid.