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Exclusive: OxyContin maker Purdue Pharma exploring bankruptcy - sources
Reuters ^ | March 4, 2019 | Staff

Posted on 03/05/2019 6:29:39 AM PST by C19fan

OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from roughly 2,000 lawsuits alleging the drugmaker contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday.

The potential move shows how Purdue and its wealthy owners, the Sackler family, are under pressure to respond to mounting litigation accusing the company of misleading doctors and patients about risks associated with prolonged use of its prescription opioids.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Health/Medicine
KEYWORDS: opiods; perdue; sackler
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The Sackler's trying to protect their fortune earned as the greatest drug pushers in human history.
1 posted on 03/05/2019 6:29:39 AM PST by C19fan
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To: C19fan

Can’t they just pay off in product?


2 posted on 03/05/2019 6:35:46 AM PST by moovova
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To: C19fan

Will the execs who pushed this poison and lied about it be held personally accountable? All signs point to no...


3 posted on 03/05/2019 6:43:59 AM PST by HamiltonJay
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To: C19fan

The Sackler’s (mass murderers) will not be affected by this. They have secured their investment.

https://www.youtube.com/watch?v=h7Hc8UmBSKg


4 posted on 03/05/2019 6:44:33 AM PST by freedomjusticeruleoflaw (Strange that a man with his wealth would have to resort to prostitution.)
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To: HamiltonJay

Guess you never had a serious toothache on a Saturday night.


5 posted on 03/05/2019 6:47:51 AM PST by miss marmelstein
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To: freedomjusticeruleoflaw

Of course they won’t, both parties take too much money from Pharma to make sure these animals ever pay a price.


6 posted on 03/05/2019 6:49:17 AM PST by HamiltonJay
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To: C19fan

I’m allergic to most pain meds from Vicodin and anything associated with it, the only this my body can take is Oxi.


7 posted on 03/05/2019 6:53:07 AM PST by Rappini (Compromise has its place. It's called second.)
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To: C19fan

They recognize 3D Printers as more a threat than lawyers.


8 posted on 03/05/2019 6:54:21 AM PST by Jumper (The DNC's Big Tent ... a place where he opposition to America comes together)
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To: C19fan
Oh yes! This drug manufacturer is EVIL....as evil as gun manufacturers!
No doctor knows that opioid use is addicting but THEY knew and they FORCED people to misuse medications!

*extreme sarcasm*

9 posted on 03/05/2019 7:08:42 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: DJ MacWoW

The one difference is gun makers do not lie about their products. Perdue lied about the addictive nature of Oxycotin.


10 posted on 03/05/2019 7:10:00 AM PST by C19fan
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To: C19fan
The one difference is gun makers do not lie about their products. Perdue lied about the addictive nature of Oxycotin.

Seriously?! Give it a rest. I know opioids are addicting and I'm just an average person. Where's the secret?

11 posted on 03/05/2019 7:16:10 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: C19fan

[The one difference is gun makers do not lie about their products. Perdue lied about the addictive nature of Oxycotin.]


Opium, and its derivatives (Oxycontin and all the rest), have been acknowledged to be addictive probably before Herodotus wrote about lotus eaters - for thousands of years.


12 posted on 03/05/2019 7:22:28 AM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: DJ MacWoW

Big Media’s anti-pharma campaign articles often aren’t DIRECTLY related to politics, and so many of us just desperately want to believe what they excrete....

It makes life so much easier, like mindlessly voting Democrat and hating the existence of all Republican men, women and children. Especially the children.


13 posted on 03/05/2019 7:24:15 AM PST by treetopsandroofs
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To: C19fan
Meet the original billionaire inventer of opiods, the SACKLER FAMILY..!

Screen-Shot-2019-02-01-at-10-22-43-AM

Now let's take look at opioid deaths in the USA over time:

Screen-Shot-2019-02-01-at-10-05-58-AM

Wow, that's a lot. I wonder what might help to account for that amazing growth:

Screen-Shot-2019-02-01-at-2-36-40-PM

Shameful, huh..? In view of such evil ambition, I wonder how profitable opiods are, huh..? The Sackler family owns an incredible 1/3 of the entire legal opiods market and they route all of their profits through Bermuda, where they own a non-descript office building.

I wonder HOW rich you can get...

But that's just ONE of their many houses.

This one goes for $32 million dollars and it's in Bel Air, next to Beverly Hills.

After HOOKING people, you probably won't believe that they were also recently granted a patent for a drug to get people UN-hooked, would you..?

Yes, paid to hook people, then paid to UN-hook them. Nice biz, huh...?

Screen-Shot-2019-02-01-at-10-14-44-AM

Nice medal, maybe he planted a flag on Mount Suribachi, right...?

Uh-huh, sure...!

If you weren't in the military, could you wear a serious look on your face while you walked around with a MEDAL on your suit jacket..?

That takes real brass.

14 posted on 03/05/2019 7:24:26 AM PST by gaijin
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To: freedomjusticeruleoflaw

Hilarious..!

And, so, So true..!


15 posted on 03/05/2019 7:27:35 AM PST by gaijin
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To: C19fan

“Purdue and its wealthy owners”

What difference does it make if they’re wealthy?

Is this a news article or a Democrat commercial?


16 posted on 03/05/2019 7:29:54 AM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: freedomjusticeruleoflaw

Notice how the Democrats and leftists try to demonize people for being wealthy.


17 posted on 03/05/2019 7:30:52 AM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: treetopsandroofs

Agreed. There are so many tentacles on this story alone, such as the drugs pouring across the border and the absence of personal responsibility. Democrats don’t want to stop the illegal drugs and they don’t want people to take charge of their own lives but they’d love to crash a big business with job losses. They’d blame Trump. Somehow.


18 posted on 03/05/2019 7:31:29 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: C19fan

Comments here might as well be DU or Bernie Bro crap.


19 posted on 03/05/2019 7:32:07 AM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: ifinnegan

Dopesick: Dealers, Doctors, and the Drug Company that Addicted America

Beth Macy

They sold it as not addictive...but it was..


20 posted on 03/05/2019 7:35:12 AM PST by Hojczyk
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