Biography/Memoir

Federal bankruptcy judge grants Sackler family sweeping immunity in $4.3 billion opioid settlement

More than two-thirds of Congress cashed a pharma campaign check in 2020… the ruling, which is exactly what the Sacklers demanded, grants releases from liability for harm caused by the company’s aggressive and sometimes illegal marketing of the discontinued opioid OxyContin and other opioids.

In addition to the Sacklers themselves, hundreds of individuals and organizations associated with the Sacklers, such as lobbyists, financial advisors, public relations firms, law firms, drug-makers and laboratories, as well as the Sacklers’ remaining business empire, are also granted immunity… The Sacklers moved billions from Purdue before the deal, stashing it into other investments and offshore bank accounts that cannot be touched in the settlement… The company that emerges from Purdue Pharma will be allowed to continue the production and selling of OxyContin and other opioid drugs… the Democrats along with the Republicans are awash in pharmaceutical company money, with the vast majority of Senate and House members, 72 senators and 302 members of the House of Representatives, cashing a check from the pharmaceutical industry, according to an analysis by Stat News released in June [2021].

Original Article (World Socialist Website & Stat News):
Federal bankruptcy judge grants Sackler family sweeping immunity in $4.3 billion opioid settlement & More than two-thirds of Congress cashed a pharma campaign check in 2020
Artwork Fair Use: News Times