Family who Fueled and Seeded the Opioid Epidemic Awarded A Patent to Make Money On A Treatment
Congress has requested from Purdue a copy of a deposition from Sackler that was taken as part of a lawsuit brought by Kentucky against Purdue. The case was settled in 2015, but it is believed to be the only time a member of the Sackler family has been questioned under oath about the marketing of OxyContin and what the company knew about the addictive properties of the pain reliever which fueled the addiction crisis that its now epidemic proportion. Recently Sackler has been awarded a patent on a drug treatment his family’s company is accused of fueling.
By 2020, the global market for pain management pharmaceuticals is expected to reach $40.4 billion in revenue, according to BCC Research, a market research company. It’s also projected to grow – or at least stay constant – because of an aging population, an increase in patients with cancer and chronic pain, and health care advances that allow people to live longer.
Tim Morrison, a Phoenix resident whose son is recovering from an opiate addiction. “It’s all about dollars, and there is no consideration for the human element and the fact that it’s addictive.”
This article originally appeared at: https://www.businessinsider.com/richard-sackler-granted-patent-for-addiction-treatment-2018-9?utm_content=buffer2d920&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-bi.
https://www.statnews.com/2018/08/06/congress-purdue-pharma-richard-sackler-deposition/