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Sackler family | Brothers, OxyContin, Purdue Pharma, Opioid Epidemic . . . The Sackler family formerly owned the pharmaceutical company Purdue Pharma, known for developing the highly addictive drug OxyContin They gave up control of the company in 2025 as part of a settlement for their involvement in the opioid epidemic
Pharmaceuticals, Vaccines, Facts - Britannica Money Like most “big pharma” companies, AstraZeneca’s future depends on its ability to: Maintain a pipeline of new and improved treatments in order to manage its revenue streams as patents for its key drugs expire The company has upped its R D spending in recent years, spending nearly $11 billion in 2023 on its pipeline of over 150 projects
Dilip Shanghvi | Biography Facts | Britannica Money The son of a wholesale drug distributor, Shanghvi launched Sun Pharma soon after graduating (1982) from the University of Calcutta with a bachelor’s degree in commerce
Prescription Drug Costs - Encyclopedia Britannica Date of Removal: July 13, 2005 Manufacturer: Purdue Pharma Medical Use: narcotic painkiller Cause for Recall: high levels of Palladone could slow or stop breathing or cause coma or death; combining the drug with alcohol use could lead to rapid release of hydromorphone, in turn leading to potentially fatally high levels of drugs in the system [75]
Johnson Johnson | History, Products, Controversies - Britannica Money Johnson Johnson is the world’s second largest drug and biotechnology company by market capitalization, behind Eli Lilly (LLY) but ahead of other “big pharma” competitors such as AbbVie (ABBV), Novartis (NVS), and Merck (MRK)
The Opioid Crisis | Britannica Sackler family, American family, former owners of the pharmaceutical company Purdue Pharma Although the family is well known
McKinsey Company | Consulting Firm, Controversies, Facts - Britannica The company also worked with Purdue Pharma, the maker of OxyContin, throughout the opioid crisis Sales of the drug had been declining, so McKinsey wrote proposals with the goal to “turbocharge” its sales, ultimately making about $86 million for consulting for Purdue
Purdue-Frederick Company | American company | Britannica Although the family is well known for its philanthropic contributions to major institutions in the United States and Europe, its members gained notoriety in the early 21st century for their role in promulgating the U S opioid epidemic Purdue Pharma had accrued billions of…