The head of the influential and secretive consulting firm McKinsey & Company has denied the company illegally hid work for Purdue Pharma, the drug-maker that kickstarted the opioid epidemic, while also advising for the Food and Drug Administration.
The FDA has said that it did not know until last year that McKinsey was simultaneously working for Purdue. The consulting firm was paid $86m by the drug-maker and $140m by the FDA. Maloney said that McKinsey designed strategies for Purdue and other companies to drive up opioid painkiller sales, paving the way for the explosion of addiction and overdoses.At one point a McKinsey consultant advised the opioid maker to head off tighter regulation of its drug with a legal claim “alleging FDA impropriety”. The same consultant was later assigned to work with the FDA office responsible for overseeing that regulation.
“In 2016, a McKinsey partner encouraged other consultants to share information with Purdue about ongoing drug safety work McKinsey was doing for FDA, saying they should ‘talk about our work w FDA, specifically sentinel which I think would be v useful for them in opioids’,” the report said. Sternfel’s apology did little to satisfy some members of the committee. Representative Rashida Tlaib said she regarded McKinsey’s consultants as “drug traffickers in suits”. Representative Ayanna Pressley accused the firm of being complicit along with Purdue and its owners until recently, members of the Sackler family, in creating the opioid epidemic.
see my naked photos
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »