Sackler billions targeted in New York fraud lawsuit
However, the Sackler Trust has now suspended new charitable donations in the UK. It follows a decision by National Portrait Gallery to give up a grant from the Trust.The New York Attorney General Letitia James filed the lawsuit against Purdue Pharma last August, claiming that it oversold the benefits of OxyContin and failed to adequately address the potential risks of taking the drug, which include"serious abuse and death".
The US Centres for Disease Control and Prevention recently said that the US opioid epidemic is now entering its third phase.Dame Theresa Sackler is a former director of Purdue and a trustee of the V&A The first was started with opioid painkillers, the second was heroin which people moved to when they were unable to get more prescription medicine and the third is Fentanyl, a powerful opioid that has now entered the illegal drugs market.
According to CDC, more than 70,000 people died of drug overdoses in 2017, 68% of which involved a prescription or illicit opioid.Earlier this week, Purdue Pharma reached a settlement with Oklahoma for $270m after the state claimed it and other companies - Johnson & Johnson and Teva Pharmaceutical - had used deceptive practices to sell opioids.
The deal was announced the day after Purdue Pharma failed to delay a trial over the claims made by Oklahoma state.
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