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kstewart33

(6,551 posts)
Sun Oct 22, 2017, 11:18 AM Oct 2017

The secretive family making billions from the opioid crisis.

Esquire magazine:

You’re aware America is under siege, fighting an opioid crisis that has exploded into a public-health emergency. You’ve heard of OxyContin, the pain medication to which countless patients have become addicted. But do you know that the company that makes Oxy and reaps the billions of dollars in profits it generates is owned by one family?


[link:http://www.esquire.com/news-politics/a12775932/sackler-family-oxycontin/?src=nl&mag=esq&list=nl_enl_news&date=102217|
9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The secretive family making billions from the opioid crisis. (Original Post) kstewart33 Oct 2017 OP
Christopher Glazek MaryMagdaline Oct 2017 #1
Follow the money. The truth shall set you free! Initech Oct 2017 #2
Puts them right up there pecosbob Oct 2017 #3
Advertising meds MaryMagdaline Oct 2017 #5
Three more paragraphs excerpted to make the standard 4 allowed Bernardo de La Paz Oct 2017 #4
For every problem we face, someone is making a lot of money. nt Irish_Dem Oct 2017 #6
Thank you for this. Meet Mortimer, Raymone, Arthur and Richard Sackler, Oxycontin drug kingpins. ancianita Oct 2017 #7
K&R dae Oct 2017 #8
This is the most eye-opening article I have read all week. dixiegrrrrl Oct 2017 #9

MaryMagdaline

(6,856 posts)
1. Christopher Glazek
Sun Oct 22, 2017, 01:23 PM
Oct 2017

Christopher Glazek does remarkable work. Check out The New Yorker Magazine piece, The C.E.O. Of HIV and many other articles:: www.christopherglazek.com. He has a way of turning complex issues into engrossing stories.

Warning: moral ambiguity abounds.

MaryMagdaline

(6,856 posts)
5. Advertising meds
Sun Oct 22, 2017, 01:56 PM
Oct 2017

One of the interesting tidbits I learned from the article ... the Sackler founder was one of the first to advertise medicines in the New England Journal of Medicine and created the whole phenomenon of advertising medicines.

Bernardo de La Paz

(49,032 posts)
4. Three more paragraphs excerpted to make the standard 4 allowed
Sun Oct 22, 2017, 01:55 PM
Oct 2017

Emphasis added.
Also a sub-head.

That may be because the greatest part of that $14 billion fortune tallied by Forbes came from OxyContin, the narcotic painkiller regarded by many public-health experts as among the most dangerous products ever sold on a mass scale. Since 1996, when the drug was brought to market by Purdue Pharma, the American branch of the Sacklers’ pharmaceutical empire, more than two hundred thousand people in the United States have died from overdoses of OxyContin and other prescription painkillers. Thousands more have died after starting on a prescription opioid and then switching to a drug with a cheaper street price, such as heroin. Not all of these deaths are related to OxyContin—dozens of other painkillers, including generics, have flooded the market in the past thirty years. Nevertheless, Purdue Pharma was the first to achieve a dominant share of the market for long-acting opioids, accounting for more than half of prescriptions by 2001.

According to the Centers for Disease Control, fifty-three thousand Americans died from opioid overdoses in 2016, more than the thirty-six thousand who died in car crashes in 2015 or the thirty-five thousand who died from gun violence that year. This past July, Donald Trump’s Commission on Combating Drug Addiction and the Opioid Crisis, led by New Jersey governor Chris Christie, declared that opioids were killing roughly 142 Americans each day, a tally vividly described as “September 11th every three weeks.” The epidemic has also exacted a crushing financial toll: According to a study published by the American Public Health Association, using data from 2013—before the epidemic entered its current, more virulent phase—the total economic burden from opioid use stood at about $80 billion, adding together health costs, criminal-justice costs, and GDP loss from drug-dependent Americans leaving the workforce. Tobacco remains, by a significant multiple, the country’s most lethal product, responsible for some 480,000 deaths per year. But although billions have been made from tobacco, cars, and firearms, it’s not clear that any of those enterprises has generated a family fortune from a single product that approaches the Sacklers’ haul from OxyContin.

When Purdue eventually pleaded guilty to felony charges in 2007 for criminally “misbranding” OxyContin, it acknowledged exploiting doctors’ misconceptions about oxycodone’s strength.

Richard’s political contributions have gone mostly to Republicans—including Strom Thurmond and Herman Cain—though at times he has also given to Democrats. (His ex-wife, Beth Sackler, has given almost exclusively to Democrats.) In 2008, he wrote a letter to the editor of The Wall Street Journal denouncing Muslim support for suicide bombing, a concern that seems to persist: Since 2014, his charitable organization, the Richard and Beth Sackler Foundation, has donated to several anti-Muslim groups, including three organizations classified as hate groups by the Southern Poverty Law Center. (The family spokesperson said, “It was never Richard Sackler’s intention to donate to an anti-Muslim or hate group.”) The foundation has also donated to True the Vote, the “voter-fraud watchdog” that was the original source for Donald Trump’s inaccurate claim that three million illegal immigrants voted in the 2016 election.

ancianita

(36,130 posts)
7. Thank you for this. Meet Mortimer, Raymone, Arthur and Richard Sackler, Oxycontin drug kingpins.
Sun Oct 22, 2017, 02:39 PM
Oct 2017

Their rebranding strategy is pure evil, and the AMA is complicit in allowing this "practice" substitute for real treatment.

Now I know why my daughter was constantly asked by every professional who walked in her hospital room to gauge her pain after her laparascopic appendectomy last week.

The cost/benefit of the Sackler family secrecy is what this article attempts to convey -- art philanthropy, and a huge wake of human wreckage and slow jam growth of medical treatment laziness -- thus, malpractice.

Nothing shuts down the body's ability to heal more than opioids, and Purdue Pharma wants every American entitled to his/her share.

dixiegrrrrl

(60,010 posts)
9. This is the most eye-opening article I have read all week.
Sun Oct 22, 2017, 07:12 PM
Oct 2017

In the late 1990's, we knew Phillip Morris had reluctantly admitted to using added nicotine to their cigarettes.

I am a bit astonished that doctors relied on the company to tell them how to dose their patients,
and today I am STILL astounded at knowing how few Drs. know much substance abuse and addiction. Beyond a few phrases, the concept is not understood much.

Very well written article. Thanks for posting.

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