The Opiate of the Bosses
In 2007, several executives of the parent company of Purdue Pharma, which markets the popular opioid OxyContin, pleaded guilty to misleading doctors, regulators, and patients about the risk of addiction associated with the drug. In the decade since, opioid distribution has expanded substantially, driving a rapid increase in addiction and death rates.
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LONDON – Business ethics are again making headlines. This time, the focus is on the rapidly escalating opioid crisis that is destroying lives across the United States. While there is plenty of blame to go around, the largest share of the guilt belongs squarely on the shoulders of the major drug companies – Big Pharma.