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Tag Archives: Pharmaceuticals industry

Opioid lawsuit targets rich family behind drug that fueled US crisis

Sackler family, which owns Purdue Pharma, the maker of OxyContin, accused of fueling addiction while boosting profits The state of Massachusetts on Tuesday…
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Rudy Giuliani won deal for OxyContin maker to continue sales of drug behind opioid deaths

The US government secured a criminal conviction against Purdue Pharma in the mid-2000s but failed to curb sales of the drug after Giuliani…
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Martin Shkreli jailed: ‘Pharma Bro’ sentenced to seven years for fraud

Shkreli, convicted of securities fraud and conspiracy, sought leniency from the court after calling the trial a witch-huntIn a packed Brooklyn courthouse on…
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Nurofen class action could yield very small individual payments, lawyer says

Painkiller manufacturer Reckitt Benckiser settled an Australian class action over its specific pain range last monthA $3.5m class action over Nurofen tablets that…
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From Viagra to Valium, the drugs that were discovered by accident

From Alexander Fleming onwards, the lives of millions have been transformed and saved by treatments that scientists were not even looking forWhen scientists…
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Con man or brilliant? Clashing portraits of Martin Shkreli offered as trial begins

At start of securities fraud trial, US prosecutor accused ex-pharmaceutical CEO of building a bogus hedge fund empire by telling lies on top…
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