Discover and read the best of Twitter Threads about #PurduePharma

Most recents (4)

1. The #PurduePharma Ch. 11 case was filed in White Plains NY. This court has become a court of choice for large cases. The Honorable Robert D. Drain is the United States Bankruptcy judge and presides over several high profile large cases like Sears. Sorry Delaware. 😎
2. In light of media reports of massive fraudulent transfers, I expect the DOJ will be pressured to seek the appointment of a Chapter 11 Trustee. I would probably expect the states that are impacted to jointly hire a top Bankruptcy firm to try to gain control of the case.
3. This may not be as big as Delaware's asbestos litigation but will impact our drug industry that may be facing something bigger than they are currently prepared to deal with because Bankruptcy cases have discovery procedures that are often referred to as fishing expeditions.
Read 3 tweets
In one of the most disgusting episodes of corporate moral failure, #PurduePharma have declared bankruptcy because of lawsuits over #OxyContin, which they pushed despite knowing its addictive potential. The $35 billion in sales it generated?
wsj.com/articles/oxyco…
Much of it has gone to the #SacklerFamily whose name you may recognise from the Sackler Gallery at @SerpentineUK or from the new Sackler courtyard at the @V_and_A or the Sackler Wing at the @metmuseum
@AllenFrancesMD has written about this here. theguardian.com/commentisfree/…
In @VanityFair David Sackler lamented “the way our philanthropy has been turned against us.”
About the many lawsuits, he said “I really don’t think there’s much in the complaints, frankly" vanityfair.com/news/2019/06/d…
Read 5 tweets
Colorado AG @pweiser about to give an update on the #opioid lawsuit the state filed against #PurduePharma. Here is a look at opioid deaths in CO since 2000 — up 5x in 20 years
As of June, nearly every state in the US had filed a suit against Purdue Phrama, the pharmaceutical company giant and maker of OxyContin cnbc.com/amp/2019/06/04…
The state argues that Purdue and its owners, the Sackler family, downplayed risks of the drug, while heavily marketing its benefits to doctors
Read 7 tweets
WTF Late last night drumpf fluffin’ delusional former Mayor Rudy Giuliani called off his mission to Ukraine to dig up most likely non-existent dirt on Democratic Presidential hopeful Joe Biden…tinyurl.com/y6jsg2fj
@votevets @NATO @ICIJorg @OCCRP @guardian @lauferlaw @mddow
@votevets @NATO @ICIJorg @OCCRP @guardian @lauferlaw @mddow .@votevets @iava @USNATO @TaraCopp #RudyGiuliani is one Responsible for #massmurder of over 300,000+ Americans including #Veterans See this @guardian article describing deal in 2006 of #PurduePharma which allowed continued sales of #OxyContin tinyurl.com/y8jen5jb #maddow
Read 4 tweets

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