The opioid epidemic reckoning is happening — kind of via YahooFinance
Although opioid addiction has been impacting the U.S. for decades, it was only recently that pharmaceutical companies started to be held accountable by the public.
J&J, a consumer product company, made its own own opioids through its Janssen Pharmaceuticals subsidiary. As of August 30, 2019, 48 states and the District of Columbia have filed lawsuits against Purdue Pharma over the company’s marketing practices related to opioids. In New York, is accused of using aggressive, sophisticated marketing strategies in addition to “an army of sales representatives and unbranded ‘patient advocacy’ websites” to change opioid prescribing norms into the 2000s.
The news “is kind of the start of a wave of reckoning that’s going to happen,” Haffajee said. “The question is: In what way? I think what’s probably going to happen is other companies and maybe Johnson & Johnson, although they’ve been pretty hard nosed about not accepting any responsibility, are going to see this ruling and then be more likely and prone to settle, and maybe pursue a global settlement in the federal multidistrict litigation.
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