CROOK ALERT---PURDUE PHARMA GUILTY OF CRIMINAL CHARGES FOR MISBRANDING OXYCONTIN
Purdue Pharma Guilty of Criminal Misbranding
Purdue Pharma pleaded guilty to federal criminal charges and will pay $600 million in fines and other charges. Three executives also pleaded guilty to criminal charges and will pay $64 million in fines for supplying misleading information regarding the addictive characteristics of their painkiller, Oxycontin. This is one of the largest fines ever levied against a pharmaceutical company. Here's a link to a NY Times article on the criminal case.
Purdue Pharma Pays $600 Million in Fines On Oxycontin Marketing Claims
- Purdue Pharma Pays $600 Million for Misbranding Drug
The company that makes the narcotic painkiller OxyContin and 3 current and former executives pleaded guilty today in federal court to criminal charges that they misled regulators, doctors and patients about the drug’s risk of addiction and abuse.
Howard R. Udell, Purdue's top lawyer, Dr. Paul Goldenheim, Medical Director, Michael Friedman, President
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