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...The consultancy last year agreed to pay almost $574mn to settle claims brought by US states alleging that McKinsey’s advice to pharmaceutical companies, including Purdue Pharma, contributed to America’s...
...They had pursued McKinsey for its role in helping Purdue Pharma and others peddle the opioids that fuelled a nationwide addiction crisis....
...Purdue Pharma, now in bankruptcy, pleaded guilty to criminal charges for its handling of the painkiller OxyContin, which addicted vast numbers of people....
...It names distributors McKesson Corporation, Cardinal Health, Americsource Bergen Drug Corporation and Rochester Drug Cooperative....
...“It's very ambitious and it’s going places,” said an adviser to large corporations in the EU....
...One mystery here is the identity of the investment consortia buyers, “Gemstone Investment Holding Ltd” and “Allied Cigar Corporation, S.L”....
...Boeing or Purdue Pharma may leap out, but RepRisk, a Swiss ESG rating company, has chosen to eschew such widely known examples for its 2019 ranking of the world’s most controversial companies....
...Purdue Pharma, owned by the Sackler family, was also named as a defendant in that case but settled in March....
...However, the family has been shying away from publicity since the New Yorker magazine published a widely-read article probing their ownership of Purdue Pharma, the maker of the now infamous opioid painkiller...
...Purdue Pharma, based in Stamford, Connecticut, is the manufacturer of the prescription painkiller OxyContin. In 2000, Endo Pharmaceuticals was looking to create a generic version of the drug....
...LogicaCMG fell 5.1 per cent to 183¼p as investors worried about the IT services company’s margins in the Benelux countries and losses at its French unit....
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