McKinsey & Company agrees to $650 million settlement with feds over opioids work

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

Health News

Indictment,Opioids,Virginia

Consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer.

McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia on Friday. McKinsey has also entered into a deferred prosecution agreement to resolve criminal charges, including that it conspired with Purdue Pharma to aid in the misbranding of prescription drugs.

has been in an addiction and overdose crisis for decades, linked to more than 80,000 deaths in recent years. For the past decade, most of the deaths have been attributed to illicit fentanyl, which is laced into many illegal drugs. Earlier in the epidemic, prescription pills were the primary cause of death.Some advocates say the crisis was touched off when Purdue Pharma's OxyContin hit the market in 1996.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 87. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McKinsey & Company to pay $650 million to settle opioid consulting probe, ex-partner to plead guiltyThe Department of Justice had investigated McKinsey & Company for its consulting work with Purdue Pharma, the prescription opioid maker.
Source: NBCNewYork - 🏆 270. / 63 Read more »

McKinsey & Company agrees to pay $650 million to settle federal probe over opioids workMcKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia.
Source: wjxt4 - 🏆 246. / 63 Read more »

McKinsey & Company agrees to pay $650 million to settle federal probe over opioids workMcKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia.
Source: KPRC2 - 🏆 80. / 68 Read more »

McKinsey & Company agrees to pay $650 million to settle federal probe over opioids workMcKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia.
Source: AP - 🏆 728. / 51 Read more »

McKinsey & Company agrees to pay $650 million to settle federal probe over opioids workMcKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia.
Source: ksatnews - 🏆 442. / 53 Read more »