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Purdue Pharma Reaches $6B Settlement With US States Over Thousands Of Opioid-Related Lawsuits Purdue Pharma Reaches $6B Settlement With US States Over Thousands Of Opioid-Related Lawsuits
Purdue Pharma Reaches $6B Settlement With US States Over Thousands Of Opioid-Related Lawsuits OxyContin creators Purdue Pharma and the Sackler family have reached a $6 billion settlement over their roles in the ongoing opioid crisis plaguing the country. The announcement comes following an earlier deal made with Purdue, headquartered in Stamford, Connecticut, that was ultimately appealed by eight states and the District of Columbia until the Sacklers kicked in more cash to get the deal done. Earlier story - NY, Other States Reach $4.5B Settlement With Purdue Pharma Over Its Role In Opioid Epidemic The $6 billion will be paid out over the course of 18 years, with larger payments fro…

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by Zak Failla
Business
Stamford-Based Purdue Pharma Admits To Crimes, Facing Billions In Fines For Opioid Crisis Role Stamford-Based Purdue Pharma Admits To Crimes, Facing Billions In Fines For Opioid Crisis Role
Stamford-Based Purdue Pharma Admits To Crimes, Facing Billions In Fines For Opioid Crisis Role Purdue Pharma, the maker of OxyContin, has agreed to pay billions of dollars in fines and will plead guilty to federal criminal charges for its role in the nation’s opioid crisis. The Fairfield County-based Connecticut company agreed to plead guilty in federal court in New Jersey to a three-count indictment that includes one count of dual-object conspiracy to defraud the United States and to violate the Food, Drug, and Cosmetic Act, and two counts of conspiracy to violate the Federal Anti-Kickback Statute. As part of the agreement, Purdue Pharma, whose headquarters is in Stamford, will…

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by Zak Failla
Police & Fire
New Canaan Man Who Crashed Into Fence Under Influence Of Alcohol, Drugs, Darien PD Says New Canaan Man Who Crashed Into Fence Under Influence Of Alcohol, Drugs, Darien PD Says
New Canaan Man Who Crashed Into Fence Under Influence Of Alcohol, Drugs, Darien PD Says A driver in Fairfield County allegedly under the influence of drugs swerved to avoid a cat in the roadway, losing control of his vehicle and crashing into a fence, police said. Officers from the Darien Police Department were dispatched to a stretch of St. Nichols Road shortly before 5 p.m. on Wednesday, Jan. 15, where there was a report of a one-car crash where a vehicle left the roadway and came to a rest after striking a fence. According to police, officers made contact with the driver, New Canaan resident Daniel Snelwar, 46, told first responders that he swerved to avoid a cat, causing h…

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by Zak Failla
Politics
State Sues Purdue Pharma, Alleging Illegal Conduct, 'Scheme To Misrepresent Opioid Products' State Sues Purdue Pharma, Alleging Illegal Conduct, 'Scheme To Misrepresent Opioid Products'
State Sues Purdue Pharma, Alleging Illegal Conduct, 'Scheme To Misrepresent Opioid Products' A lawsuit has been filed against a prominent pharmaceutical company that allegedly misrepresented its products - including OxyContin - as being more benign than they are for decades. New York Gov. Andrew Cuomo and Attorney General Barbara Underwood announced a lawsuit against Stamford-based Purdue Pharma L.P., Purdue Pharma Inc., and Purdue Fredrick Company, Inc. on Tuesday.  The company allegedly took part in a “decades-long and continuing pattern of persistent deceptive and illegal conduct, whereby Purdue's misled prescribers and patients about the risks of its opioids, including OxyConti…

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by Zak Failla
Business
CT-Based OxyContin Manufacturer Lays Off Half Of Its Sales Staff CT-Based OxyContin Manufacturer Lays Off Half Of Its Sales Staff
Ct-based OxyContin Manufacturer Lays Off Half Of Its Sales Staff Purdue Pharma, the Stamford drug manufacturer that created the highly addictive painkiller OxyContin has laid off half of its 400-member sales team and will no longer promote the prescription drug to doctors. The news, announced with a flurry full-page ads by the drug company in the country’s largest newspapers, according to this report in The Hartford Courant, is part of a corporate campaign by Purdue to preserve the drug’s brand and its own, both of which are being blamed in part for the country’s spiraling opioid crisis. Last week, Westchester County filed a lawsuit against more than 30 o…

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by Jon Craig