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US opioid epidemic

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  • Wednesday, 27 April, 2022
    Pharmaceuticals sector
    McKinsey rebuts conflict claims over work for health regulator and opioid makers

    Congressional probe found 22 consultants had advised both the US FDA and drug manufacturers over a decade

  • Thursday, 3 March, 2022
    Purdue Pharma LP
    Purdue and US states agree new $6bn settlement for opioid litigation

    Members of Sackler family who owned OxyContin maker will increase financial contribution but still receive a legal shield

  • Friday, 18 February, 2022
    Sackler owners offer up to $6bn to settle Purdue Pharma bankruptcy

    Proposal revealed by court mediator comes after a judge rejected earlier deal

  • Wednesday, 16 February, 2022
    LexIndivior PLC
    Indivior: opioid treatment specialist is out of rehab Premium content

    The pharmaceuticals company has returned to financial health and is exploring a dual UK-US listing

  • Tuesday, 4 January, 2022
    The Big Read
    Will overdose deaths force an end to the US ‘war on drugs’?

    With more than 270 people dying every day, authorities are under pressure to treat, rather than prosecute, users

  • Friday, 17 December, 2021
    Judge overturns $4.5bn opioid-related settlement in Purdue Pharma bankruptcy

    Sackler family was to make multibillion-dollar contribution in exchange for protection from lawsuits

  • Thursday, 9 December, 2021
    Sackler name to be removed from Metropolitan Museum of Art galleries

    Move is the latest fallout for members of the family that owned opioid maker Purdue Pharma

  • Tuesday, 23 November, 2021
    Federal jury finds US pharmacy chains liable for opioid epidemic

    Ohio ruling is first time CVS, Walgreens and Walmart have been held culpable at conclusion of a trial

  • Friday, 12 November, 2021
    US Food & Drug Administration
    Biden’s nominee to lead FDA encounters pushback from some Democrats

    Concerns raised over Robert Califf’s previous stint at the US drugs regulator and its approach to the opioid epidemic

  • Thursday, 4 November, 2021
    InterviewTelevision
    ‘We’ve been screaming’: the makers of Dopesick on reframing the opioid crisis

    Writer Beth Macy and director Barry Levinson discuss taking on the Sacklers and victim-blaming in their mini-series

  • Wednesday, 1 September, 2021
    Purdue Pharma LP
    Sacklers shielded from future lawsuits in Purdue settlement

    Judge approves bankruptcy plan for opioid maker in which family will pay $4.5bn

  • Sunday, 8 August, 2021
    News in-depth
    Purdue’s bankruptcy deal shields Sackler family owners from future opioid liability

    Critics say concessions in case regarding the company diminishes accountability in overdose scandal

  • Wednesday, 21 July, 2021
    States unveil $26bn settlement to resolve opioid lawsuits

    US attorneys-general announce agreement with Johnson & Johnson and drug distribution giants

  • Tuesday, 20 July, 2021
    US states near $26bn opioid settlement with J&J, drug distributors

    Agreement would resolve thousands of lawsuits over deadly painkiller epidemic

  • Thursday, 8 July, 2021
    Purdue secures backing from more states for settlement

    Agreement with holdouts brings US drugmaker a step closer to emerging from bankruptcy

  • Wednesday, 7 July, 2021
    Opioid addiction apps access personal data, study finds

    Platforms gain entry to sensitive user information such as phone number and IP address

  • Wednesday, 30 June, 2021
    Pharmaceuticals sector
    Indivior raises sales guidance on strong demand for opioid abuse treatment

    Revenues will be up to 18% higher than originally expected

  • Saturday, 26 June, 2021
    J&J to pay $230m to settle New York state opioid case

    Pharma group avoids going to trial with other drugmakers and distributors next week

  • Wednesday, 5 May, 2021
    Indivior PLC
    Indivior faces shareholder ire over bonus for imprisoned ex-CEO

    UK drugmaker stands by payout based on ‘absence of any findings of personal wrongdoing’ in US opioid case

  • Wednesday, 28 April, 2021
    ReviewFT Books Essay
    Empire of Pain — the story of the Sacklers and OxyContin

    Patrick Radden Keefe’s saga of how a pharmaceutical dynasty unleashed a wave of dependency and grew rich from it

  • Wednesday, 28 April, 2021
    Special ReportIllicit Goods and Services
    Mexican drug cartels see big profits in fentanyl

    Gangs use long-established networks to export synthetic narcotics to the US

  • Monday, 19 April, 2021
    California counties seek billions from drugmakers in opioid trial

    Johnson & Johnson, Teva, Endo and Allergan face latest test in legal fallout from epidemic

  • Monday, 22 March, 2021
    McKinsey
    McKinsey reaches $45m opioid settlement with Nevada

    Agreement brings consultancy’s total bill for prescription painkiller advice to $619m

  • Tuesday, 16 March, 2021
    Sackler family offers to pay $4.3bn in bankruptcy settlement

    Owners of opioid maker Purdue Pharma pledge extra money to win over US states that rejected deal

  • Tuesday, 16 February, 2021
    Due Diligence
    A closer look at McKinsey’s mysterious firings Premium content

    Answers emerge as to the unexplained departures from the consultancy’s investment banking research unit

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