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McKinsey & Company, the global management consulting firm, is reportedly being investigated by the Department of Justice for allegedly helping fuel the nation’s opioid epidemic by guiding drug manufacturers on strategies to boost sales.
The criminal probe centers on consulting advice McKinsey gave to drugmaker clients including Purdue, Endo International and Mallinckrodt In 2021, McKinsey reached a settlement with all 50 states, five U.S. territories, and Washington, D.C., to pay $642 million to resolve civil opioid-related litigation against the firm,
McKinsey helped Purdue, the closely held maker of the painkiller OxyContin, develop an initiative to boost drug sales and marketingwhether McKinsey engaged in a criminal conspiracy when advising Purdue and other pharmaceutical manufacturers on marketing strategies to boost sales of prescription painkillersThe Justice Department is also investigating whether McKinsey conspired to commit healthcare...
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