Biography/Memoir

Purdue Pharma family profits from sale of resorts in regions plagued by opioid crisis

Richard Sackler did not comment for this story. Family representatives declined to comment publicly. Purdue Pharma, which created vast wealth for the family, filed for bankruptcy Sept. 15. 

Some members of the billionaire Sackler family — the owners of Purdue Pharma, the company widely blamed for fueling America’s opioid crisis — will reap about $60 million in financial gains from the sale of 17 ski resorts in the Northeast and Midwest, according to financial disclosure filings. Many of the ski areas in the transaction sit in places that have been hit hard by prescription narcotic abuse over the past 20 years, including those in New Hampshire, as well as hills in Vermont, the Catskills in New York, Ohio, and Pennsylvania. The sale of the ski resorts was finalized last week even as the family’s role in the opioid crisis is being hotly contested in courts … The company this month took the unusual step of asking the bankruptcy court to block litigation directly targeting individual Sackler family members that has been filed by 21 of the 24 state attorneys general who have rejected the proposed settlement.

Original Article (Boston Globe):
Purdue Pharma family profits from sale of resorts in regions plagued by opioid crisis
Artwork Fair Use: Karl Heinz Jeron

Sound off : on Kratom

…overdoses spike climbs to 23

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