How the Sackler Family Made Billions From OxyContin | Summary and Q&A

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August 29, 2023
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PowerfulJRE
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How the Sackler Family Made Billions From OxyContin

TL;DR

The Sackler family, owners of Purdue Pharma, made billions of dollars from OxyContin while deceiving the public and the FDA about the drug's addictive nature. The lack of accountability and legal repercussions is concerning.

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Key Insights

  • 😷 The Sackler family's wealth and influence allowed them to deceive the public, medical professionals, and regulators about the dangers of OxyContin.
  • 🧑 The FDA's approval process for drugs like OxyContin may be compromised, with one person's decision determining the fate of a potentially dangerous drug.
  • 😷 The Sackler family's manipulation extended to medical journals, ensuring favorable coverage for their products.
  • 🖤 The lack of accountability for the Sackler family highlights issues with the justice system and the influence of wealth and power.
  • 😘 The removal of the Sackler name from institutions signifies a significant blow to their reputation and standing in society.
  • 👨‍⚖️ The victims of OxyContin addiction and overdoses deserve justice and recognition for the devastating impact the drug has had on their lives.
  • 🫥 The Sackler family's actions mirror those of other notorious drug dealers, blurring the line between legality and criminality.

Transcript

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Questions & Answers

Q: How much money did the Sackler family make from OxyContin?

The exact amount is uncertain, but they reportedly made between 10 and 20 billion dollars from the sales of OxyContin.

Q: How influential was the FDA in approving OxyContin?

Surprisingly, the approval of OxyContin was largely dependent on one person, Curtis Wright. Purdue Pharma went to extreme lengths to convince him to approve the drug, even resorting to a hotel meeting.

Q: What role did medical journals play in promoting OxyContin?

Medical journals, including the New England Journal of Medicine, were manipulated by pharmaceutical companies like Purdue Pharma. They published favorable articles and misleading information about OxyContin's addictive nature.

Q: Has the Sackler family faced any legal consequences for their actions?

As of now, the Sackler family has not faced criminal penalties or jail time. However, they have faced a significant loss in reputation, with their name being removed from various institutions.

Summary & Key Takeaways

  • The Sackler family, owners of Purdue Pharma, made between 10 and 20 billion dollars from OxyContin, a highly addictive opioid.

  • The FDA's approval process for OxyContin was questionable, with the decision ultimately resting on one person, Curtis Wright, who was influenced by Purdue Pharma in a hotel meeting.

  • The Sackler family used their immense wealth to buy influence, donate to institutions, and whitewash their reputation, while thousands suffered from addiction and overdoses.

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