Opioid addiction deals: Pharma family buys its way out of accountability

Corporate money has a powerful and malign influence on so many aspects of American life.

But even by that low standard, events this past week in a New York bankruptcy court are shocking.

The legal system has effectively allowed one of Americas richest families to buy its way out of accountability for what a White House commission called Americas national nightmare of mass opioid addiction.

Last Wednesday, the court approved a deal for the dissolution of the opioid manufacturer Purdue Pharma, which kicked off the opioid epidemic two decades ago with its illegal drive to sell a high-strength painkiller, OxyContin.

Ed Bisch, who lost his 18-year-old son Eddie to an overdose nearly 20 years ago, has spent more than a decade pushing for the Sacklers to be criminally prosecuted. Picture: AP Photo/Matt Rourke

Category: BankruptcyBy Insolvency Advisory Accountants September 6, 2021

Opioid addiction deals: Pharma family buys its way out of accountability – Irish Examiner

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