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The Mortimer and Raymond Sackler families have said in a prior statement that they feel “deep and profound compassion” for people struggling with addiction, but add that “these baseless allegations place blame where it does not belong for a complex public health crisis, and we deny them.” The firm remained under the radar until the mid-1990s when it began selling OxyContin, a long-lasting, narcotic pain reliever, launched in 1995. By 2003 Purdue was selling $1.6 billion of the product annually. An estimated 20 family members share the fortune.
The Guggenheim, the Metropolitan Museum of Art in New York City, and Tate family of museums in the U.K.announced earlier this year that they would no longer accept contributions from the Sackler family.
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