Guest guest Posted May 10, 2007 Report Share Posted May 10, 2007 OxyContin maker, execs plead guilty from news ROANOKE, Va. - The maker of the powerful painkiller OxyContin and three of its current and former executives pleaded guilty Thursday to misleading the public about the drug's risk of addiction, a federal prosecutor and the company said. Purdue Pharma L.P. and the executives will pay $634.5 million in fines, U.S. Attorney John Brownlee said in the news release. The plea comes two days after the Stamford, Conn.-based company agreed to pay $19.5 million to 26 states and the District of Columbia to settle complaints that it encouraged physicians to overprescribe OxyContin. " With its OxyContin, Purdue unleashed a highly abusable, addictive, and potentially dangerous drug on an unsuspecting and unkowing public, " Brownlee said. " For these misrepresentations and crimes, Purdue and its executives have been brought to justice. " http://news./s/ap/20070510/ap_on_bi_ge/oxycontin_plea A look into the lengths drug companies will go to create a market.More info at the NYT http://www.nytimes.com/2007/05/11/business/11drug-web.html? ex=1336536000 & en=0caa2929e2c35907 & ei=5088 & partner=rssnyt & emc=rss Thanks Vince Quote Link to comment Share on other sites More sharing options...
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