OxyContin death risk
Jun 17, 2011 21:34:26 GMT -8
Post by double dutch on Jun 17, 2011 21:34:26 GMT -8
No jail: CEO, general counsel, former chief medical officer
money.cnn.com/2007/05/10/news/companies/oxycontin/index.htm
Purdue settles OxyContin charge for $600M
Drugmaker in plea agreement with Justice Department over charges of misleading and defrauding doctors and consumers.
May 10 2007: 1:48 PM EDT
NEW YORK (CNNMoney.com) -- The maker of OxyContin, Purdue Pharma LP, agreed Thursday to a $600 million penalty as part of a plea deal with the Justice Department on a felony charge of misleading and defrauding physicians and consumers, the government said.
Three of the company's executives, including its CEO, general counsel and former chief medical officer, have separately agreed to pay $34.5 million in penalties. The company and the three men appeared in federal court Thursday to plead guilty.
The company also agreed to subject itself to independent monitoring and a remedial action program.
"Purdue ... acknolwedged that it illegally marketed and promoted OxyContin by falsely claiming that OxyContin was less addictive, less subject to abuse and diversion, and less likely to cause withdrawal symptoms than other pain medications - all in an effort to maximize its profits," said U.S. Attorney John Brownlee.
OxyContin maker to pay $19.5M settlement
"With its OxyContin, Purdue unleashed a highly abusable, addictive and potentially dangerous drug on an unsuspecting and unknowing public. For these misrepresentations and crimes, Purdue and its executives have been brought to justice," he added.
Purdue Pharma is privately owned.
Drugmaker in plea agreement with Justice Department over charges of misleading and defrauding doctors and consumers.
May 10 2007: 1:48 PM EDT
NEW YORK (CNNMoney.com) -- The maker of OxyContin, Purdue Pharma LP, agreed Thursday to a $600 million penalty as part of a plea deal with the Justice Department on a felony charge of misleading and defrauding physicians and consumers, the government said.
Three of the company's executives, including its CEO, general counsel and former chief medical officer, have separately agreed to pay $34.5 million in penalties. The company and the three men appeared in federal court Thursday to plead guilty.
The company also agreed to subject itself to independent monitoring and a remedial action program.
"Purdue ... acknolwedged that it illegally marketed and promoted OxyContin by falsely claiming that OxyContin was less addictive, less subject to abuse and diversion, and less likely to cause withdrawal symptoms than other pain medications - all in an effort to maximize its profits," said U.S. Attorney John Brownlee.
OxyContin maker to pay $19.5M settlement
"With its OxyContin, Purdue unleashed a highly abusable, addictive and potentially dangerous drug on an unsuspecting and unknowing public. For these misrepresentations and crimes, Purdue and its executives have been brought to justice," he added.
Purdue Pharma is privately owned.
NEW YORK (CNNMoney.com) -- The maker of OxyContin, Purdue Pharma LP, agreed Thursday to a $600 million penalty as part of a plea deal with the Justice Department on a felony charge of misleading and defrauding physicians and consumers, the government said.
Three of the company's executives, including its CEO, general counsel and former chief medical officer, have separately agreed to pay $34.5 million in penalties. The company and the three men appeared in federal court Thursday to plead guilty.
The company also agreed to subject itself to independent monitoring and a remedial action program.
"Purdue ... acknolwedged that it illegally marketed and promoted OxyContin by falsely claiming that OxyContin was less addictive, less subject to abuse and diversion, and less likely to cause withdrawal symptoms than other pain medications - all in an effort to maximize its profits," said U.S. Attorney John Brownlee."
So, privately-owned OxyContin maker Purdue, even though convicted for unleashing a highly abusable, addictive and potentially dangerous drug on an unsuspecting and unknowing public illegally, is still able from increasing Oxy sales in Canada. Health Canada, doctors, sales agents, and even most of the main stream media has effectively conspired to permit these misrepresentations and crimes to remain unaddressed in Canada. No Canadian Purdue charges have been brought to justice," he added."
Purdue Pharma is privately owned.
Three of the company's executives, including its CEO, general counsel and former chief medical officer, have separately agreed to pay $34.5 million in penalties. The company and the three men appeared in federal court Thursday to plead guilty.
The company also agreed to subject itself to independent monitoring and a remedial action program.
"Purdue ... acknolwedged that it illegally marketed and promoted OxyContin by falsely claiming that OxyContin was less addictive, less subject to abuse and diversion, and less likely to cause withdrawal symptoms than other pain medications - all in an effort to maximize its profits," said U.S. Attorney John Brownlee."
So, privately-owned OxyContin maker Purdue, even though convicted for unleashing a highly abusable, addictive and potentially dangerous drug on an unsuspecting and unknowing public illegally, is still able from increasing Oxy sales in Canada. Health Canada, doctors, sales agents, and even most of the main stream media has effectively conspired to permit these misrepresentations and crimes to remain unaddressed in Canada. No Canadian Purdue charges have been brought to justice," he added."
Purdue Pharma is privately owned.
money.cnn.com/2007/05/10/news/companies/oxycontin/index.htm