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...Its advice to Purdue Pharma on how to boost sales of OxyContin led to claims it contributed to an epidemic of opioid addiction....
...How did Purdue know that it was getting Judge Drain?...
...of Purdue creditors and that a bankruptcy deal is the fairest and fastest way for money to reach needy victims....
...Bradley LucierProfessor Emeritus, Purdue University,West Lafayette, Indiana, US...
...McKinsey has faced repeated claims that its work for Purdue Pharma, the maker of OxyContin, and other drug manufacturers contributed to the US opioid crisis by advising the companies on how to boost sales...
...It will partner with Purdue University to build the new facility at the university’s Research Park....
...It said that most of the work with Purdue and other opioid makers was done by Rosetta, an agency it acquired in 2011 and which closed a decade ago....
...The US Supreme Court has put on hold a $6bn bankruptcy settlement by Purdue Pharma that would shield members of the Sackler family that own the company from future lawsuits linked to the US opioids crisis...
...South Korea’s SK Hynix, one of Micron’s main competitors in the memory chip market, said this month it was investing about $4bn in an advanced AI chip packaging plant in Indiana, in partnership with Purdue...
...Remember, the Purdue victims approved the plan with the releases because it enabled a meaningful recovery on a relatively short timeline....
...This is particularly valid in cases like Purdue, which included more than 90 per cent of creditor groups....
...Purdue University closed its two-year residential MBA to new entrants in 2020 due to falling demand, but has seen steady growth in its online version....
...McKinsey has been in the spotlight because of its work for Purdue, where it discussed with executives ways to “turbocharge the sales engine” for addictive drugs including OxyContin....
...Lawyers for Purdue warned that without such a settlement, years of litigation would delay payments to victims and shrink the available pot....
...Plaintiffs alleged McKinsey’s advice to clients such as Purdue Pharma, the maker of OxyContin, had directly contributed to the opioid crisis....
...The $6bn contributed by the Sacklers is a big chunk of the Purdue profits that the family withdrew over several years....
...The US’s most controversial bankrupt is Purdue Pharma....
...by the sleazy glamour of Purdue; and mechanic Glen (Tayler Kitsch) who becomes addicted to OxyContin following an accident....
...Randall Morck at the University of Alberta and M Deniz Yavuz at Purdue University looked at currency shocks and their impact on companies that are sensitive to them, and then at whether those shocks are...
...The St Louis branch of the Federal Reserve has started its search for a new president to replace James Bullard, who left his post in July to become a business-school dean at Purdue University....
...Bradley Lucier Professor Emeritus of Mathematics and Computer Science, Purdue UniversityWest Lafayette, IN, US...
...Purdue Pharma, Johnson & Johnson and 3M made deft use of quirks in the US’s Chapter 11 bankruptcy process....
...Under the terms of the agreement, the Sacklers, who were not a debtor in Purdue’s bankruptcy, agreed to contribute up to $6bn to the bankruptcy estate in exchange for a release of certain claims from Purdue...
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