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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.