Big drug distributor pays $22 million to settle US opioid charges

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Morris & Dickson, one of the largest U.S. wholesale drug distributors, agreed to pay $22 million in civil penalties to settle U.S. government charges that it failed to report thousands of suspicious orders of the opioids hydrocodone and oxycodone.

The U.S. Department of Justice said on Friday that the Shreveport, Louisiana-based company will also spend millions of dollars to hire staff and upgrade oversight to help comply with federal regulations requiring that orders be properly reported.

Founded in 1841, Morris & Dickson is the largest privately owned wholesale drug distributor in the United States, and fourth largest overall, with more than $4 billion of revenue in the year ended Jan. 31, 2018, the Justice Department said. "The opioid crisis is real, and we unequivocally accept our responsibility to do everything in our control as a distributor to prevent misuse - while also protecting deserving patients' ability to receive the doctor-prescribed medications they absolutely need," the company added.

 

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CEA estimates that in 2016 the economic cost of the opioid crisis was $504.0 billion, or 2.8 percent of GDP that year. But you know, a 22 million dollar fine is enough to forget apparently.

I wonder who the obese people are going sue for their hugeness. I guess the alcoholic Liver cirrhotics will be targeting the beer ,wine and spirits industry. Automobile accidents caused by speeding will start targeting automakers for making engines which exceed speed limits. WOW

Let's do some more chemical lobotomy with escitalopram and other ssri's.

Always funny to watch the American bigpharma elite maffia doing their thing and almost everybody approves it BeCaUsE tHeY ArE PrOFesSiOnALs WhO kNoW WhaT iS hEaLthY.

Who made the profit and where is that money now?

Not enough!

Wish it was more like 2.2billion, cause that would give them a headache, make them pay for all the deaths, misery, and pin these families have been going through for all these years!!!

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