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that's the billionaire family behind purdue pharma and purdue pharma's highly addictive opioid drug,g accusations that purdue deceived doctors and the public about how addictive oxy is, pushing it for even lesser pain, essentially risking getting millions of americans addicted to a potentially deadly narcotic as part of its business plan. purdue and the sacklers dispute that. but in 2020, prosecutors said, quote, purdue admitted that it marketed and sold its dangerous opioid products to health care providers even though it had reason to believe those providers were diverting them to abusers, unquote. and, quote, the company lied to the drug enforcement administration about steps it had taken to prevent such diversion fraud lendly increasing the amount of its products it was permitted to sell. purdue also paid kickbacks to providers to encourage them to prescribe even more of its products, end quote. now a federal judge has approved a bankruptcy settlement between the sacklers, purdue pharma and a group of eight states and washington, d.c. under the deal the sacklers must pay out as m
that's the billionaire family behind purdue pharma and purdue pharma's highly addictive opioid drug,g accusations that purdue deceived doctors and the public about how addictive oxy is, pushing it for even lesser pain, essentially risking getting millions of americans addicted to a potentially deadly narcotic as part of its business plan. purdue and the sacklers dispute that. but in 2020, prosecutors said, quote, purdue admitted that it marketed and sold its dangerous opioid products to health...
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but also in that they are being forced to give up control of purdue pharma. >> still ahead, more thanfornia's covid vaccine doses have gone to waste. what it means for the waste. what it means for the state's stockpile. why hide your skin if dupixent has your moderate-to-severe eczema, or atopic dermatitis under control? hide my skin? not me. because dupixent targets a root cause of eczema, it helps heal your skin from within, keeping you one step ahead of it. hide my skin? not me. and for kids ages 6 and up that means clearer skin, and noticeably less itch. with dupixent, you can change how their skin looks and feels. and that's the kind of change you notice. hide my skin? not me. don't use if you're allergic to dupixent. serious allergic reactions can occur that can be severe. tell your doctor about new or worsening eye problems such as eye pain or vision changes, including blurred vision, joint aches and pain or a parasitic infection. don't change or stop asthma medicines without talking to your doctor. when you help heal your skin from within, you can show more with less eczema. t
but also in that they are being forced to give up control of purdue pharma. >> still ahead, more thanfornia's covid vaccine doses have gone to waste. what it means for the waste. what it means for the state's stockpile. why hide your skin if dupixent has your moderate-to-severe eczema, or atopic dermatitis under control? hide my skin? not me. because dupixent targets a root cause of eczema, it helps heal your skin from within, keeping you one step ahead of it. hide my skin? not me. and...
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Mar 10, 2022
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they founded purdue pharma and some settlement plans have tentative approval for the judge.e of the city -- san francisco mayor london breed laying out her plans, including big changes taking place tomorrow. and the silicon valley shift -- signs that the area might not be quite the u.s. tech hub anymore. and the pizza to all pizzas? dominoes cooking up a pizza that might be the best or worst thing of all time. looking out at the big the new york stock exchange, we are starting the day the opposite way. we are down. abc 7 at 7:00 is live, our exclusive streaming show every weekday from 7:00 to 8:00 a.m. you can download it for your phone, tablet, rok apple fe tv, and android. jobina: this is a slowdown on eastbound 92 past state route 35. speeds around 11 miles per hour in the area. the bay bridge toll plaza is packed right now. we are watching a trend of the pre-pandemic time metering li ghts. the san raphael bridge is busy for people traveling to the north bay, antioch to concord, 42 minutes, and thankfully still on time here, 16 minutes. drew: we have a wind advisory in ou
they founded purdue pharma and some settlement plans have tentative approval for the judge.e of the city -- san francisco mayor london breed laying out her plans, including big changes taking place tomorrow. and the silicon valley shift -- signs that the area might not be quite the u.s. tech hub anymore. and the pizza to all pizzas? dominoes cooking up a pizza that might be the best or worst thing of all time. looking out at the big the new york stock exchange, we are starting the day the...
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Mar 10, 2022
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actions, the state attorney general in the victims and survivors was very favorably inclined to purdue pharmat pattern would repeat itself. i'm honing down on reforming the rules but making sure that the rules are applied evenhandedly and fairly. >> senator thank you for the question. i do think i would respectfully disagree on the nondebtor prohibition act. i think a blanket prohibition is not the right way to do it but i would encourage congress to consider adopting more uniform standards for when it is appropriate. that issues like the issue we discussed today it is more nuance and less black-and-white that it might seem. there could be appropriate circumstances where the victims can recover more than they would've otherwise recovered. i do understand your concerns about venues. i think having the notion that third-party releases are legal in california and texas and permitted in delaware, maybe there permitted in new york, i think they should be is probably not the right way because the constitution requires congress to enact uniform laws on the subject of bankruptcy. i would encourage th
actions, the state attorney general in the victims and survivors was very favorably inclined to purdue pharmat pattern would repeat itself. i'm honing down on reforming the rules but making sure that the rules are applied evenhandedly and fairly. >> senator thank you for the question. i do think i would respectfully disagree on the nondebtor prohibition act. i think a blanket prohibition is not the right way to do it but i would encourage congress to consider adopting more uniform...
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the family will be protected from civil lawsuits, but they will give up control of purdue pharma.orkers could vote on whether they want to join a union. tesla ceo elon musk is now inviting the united auto workers to hold the union vote at the company's factory in fremont. musk says tesla will do nothing to stop them. he tweeted, quote, the bay area has negative unemployment. so if we don't treat and compensate our all some people, well, they have many other offers and we'll just leave. i like here by to invite w to hold a union vote at their convenience. some employees at the fema plan attempted organize several years ago. the national labor relations board accused the company then of taking steps to hinder the effort. tesla has appealed that judgment. >> coming up next tonight on the news at 8 o'clock, a state supreme court ruling is affecting housing and berkeley. why uc berkeley leaders say the decision has them extremely disheartened. plus, a longstanding record breaks as the price of the pump continues to climb. where you can find the lowest prices for gallon of gas here in t
the family will be protected from civil lawsuits, but they will give up control of purdue pharma.orkers could vote on whether they want to join a union. tesla ceo elon musk is now inviting the united auto workers to hold the union vote at the company's factory in fremont. musk says tesla will do nothing to stop them. he tweeted, quote, the bay area has negative unemployment. so if we don't treat and compensate our all some people, well, they have many other offers and we'll just leave. i like...
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. >>> owners of purdue pharma will pay up to $6 billion for the role in the opioid epidemic. under the settlement the family is not protected from future liabilities. this agreement which still needs approval from a federal bankruptcy judge secures more than $1 billion more than the previous deal. >>> a start up that invented a device to keep mcdonald's notoriously finicky ice cream machines from breaking is suing the fast food giant for nearly $1 billion. it allows owners to remotely monitor and troubleshoot issues with the machines. falsely claimed it could cause injury. for more head to cbsmoneywatch.com. i am diane king hall. >>> a warning for california drivers already paying more than ever at the pump. experts say there is no relief in sight. maria cid medina with what you can do about it. >> reporter: california has the highest average cost of regular gasoline per gallon at $4.94. while experts say the prices may not go down any time soon, there are ways to make sure your car isn't consuming more fuel than it should. were you expecting it to be that expensive? >> no. >
. >>> owners of purdue pharma will pay up to $6 billion for the role in the opioid epidemic. under the settlement the family is not protected from future liabilities. this agreement which still needs approval from a federal bankruptcy judge secures more than $1 billion more than the previous deal. >>> a start up that invented a device to keep mcdonald's notoriously finicky ice cream machines from breaking is suing the fast food giant for nearly $1 billion. it allows owners to...
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. >> members of the billionaire sackler family and their drug company purdue pharma have reached a new the role they played in america's opioid epidemic. under the deal with eight states and the district of columbia, sackler family members would pay up to $6 billion in cash to end all of the current lawsuits. they're said to be worth almost twice that in exchange for the payment, they would be shielded from future civil lawsuits. a federal judge rejected an earlier smaller settlement in which the sacklers agreed to pay $4.5 billion a bankruptcy judge still needs to accept this deal. of course, purdue pharma is the maker of oxycontin, back in 2020, the company pleaded guilty to federal criminal charges for misleading the public about the risks of addiction and overdose for oxycontin users. but the sacklers themselves continue to deny any personal wrongdoing and they have not faced any criminal prosecution >> an update on a story we reported here last night about a series of violent attacks against asian women in new york city. cops say that this man was arrested, 28-year-old steven zajo
. >> members of the billionaire sackler family and their drug company purdue pharma have reached a new the role they played in america's opioid epidemic. under the deal with eight states and the district of columbia, sackler family members would pay up to $6 billion in cash to end all of the current lawsuits. they're said to be worth almost twice that in exchange for the payment, they would be shielded from future civil lawsuits. a federal judge rejected an earlier smaller settlement in...
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. >>> "the new york times" says that the sackler family, owners of oxycontin maker purdue pharma, reached new deal with several states over its role in the opioid crisis. at least eight states and washington, d.c., had appealed an earlier nationwide settlement. the new deal calls for members of the sackler family to pay as much as $6 billion. that's at least $1 billion more than the previous agreement. in exchange, they are protected from civil lawsuits. the deal has to be approved, though, by a judge. >>> and "the baltimore sun" says ten people were hospitalized and several remain unaccounted for after an explosion and fire at a maryland apartment building. [ screams ] video from nearby security cameras shows the explosion yesterday in silver spring near washington, d.c. residents can be heard screaming. three people were seriously hurt. >> there were no prior calls in this block for odor or gas or gas leaks. several medical calls, but no prior gas calls. >> the cause of the explosion is under investigation. >>> still ahead, the rising cost of shopping. how membership for a big box chain
. >>> "the new york times" says that the sackler family, owners of oxycontin maker purdue pharma, reached new deal with several states over its role in the opioid crisis. at least eight states and washington, d.c., had appealed an earlier nationwide settlement. the new deal calls for members of the sackler family to pay as much as $6 billion. that's at least $1 billion more than the previous agreement. in exchange, they are protected from civil lawsuits. the deal has to be...
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Mar 3, 2022
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the sacklerfamily, who own purdue pharma, have agreed to pay $6 billion for its role in america's opioidevious settlement. purdue, which filed for bankruptcy in 2019 amid thousands of lawsuits, made drugs like oxycontin and is blamed forfuelling the opioid crisis. the us embassy in havana has announced its to resume consular activities including some visa processing after a five—year break. president biden is easing restrictions on communist—led cuba that were imposed by former president donald trump. the french president, emmanuel macron, has confirmed that he's standing for a second term in next month's election. opinion polls suggest he's the favourite. if he wins, he will be the first french leader to win a second term in office for two decades. let's just cross live to kyiv and these pictures from the city centre. it's coming up to 1:30am in the morning there. just reminded the russians remained stalled outside of kyiv as we understand it. we will have lots more on that story in later hours on bbc news. do stay with us on this story. hello there. cloud and outbreaks of rain are cont
the sacklerfamily, who own purdue pharma, have agreed to pay $6 billion for its role in america's opioidevious settlement. purdue, which filed for bankruptcy in 2019 amid thousands of lawsuits, made drugs like oxycontin and is blamed forfuelling the opioid crisis. the us embassy in havana has announced its to resume consular activities including some visa processing after a five—year break. president biden is easing restrictions on communist—led cuba that were imposed by former president...
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Mar 9, 2022
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and if your purdue farmer purdue pharma and you go to white plains, you've got a judge that -- and i'm not drawing any complete conclusions here -- but according to the plaintiffs, in separate actions, the state attorneys general that some of the victims and survivors, was a very favorably inclined or toward purdue pharma and the sacklers. and likewise, that pattern repeated. so i guess i'm holding down on yet on reforming the rules about making sure the rules are applied even handedly and fairly. mr. zumbro? >> senator, first, thank you for the question. i do think, i would respectively disagree on the nondebtor release prohibition act. i think a blanket petition is not the right their way to do it, but i would encourage congress to consider adopting uniform, more uniform standards for when it is appropriate. because that issue, like the issue we discussed today, i think it's more nuanced and less black and white then it might seem. because i think there can be appropriate circumstances where the victims actually can recover more than they would have out otherwise recovered as a resul
and if your purdue farmer purdue pharma and you go to white plains, you've got a judge that -- and i'm not drawing any complete conclusions here -- but according to the plaintiffs, in separate actions, the state attorneys general that some of the victims and survivors, was a very favorably inclined or toward purdue pharma and the sacklers. and likewise, that pattern repeated. so i guess i'm holding down on yet on reforming the rules about making sure the rules are applied even handedly and...
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Mar 11, 2022
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opioid crisis, victims of the epidemic have directly confronted the sackler family, owners of purdue pharma. in a hearing thursday, as part of purdue's bankruptcy settlement, 26 people from 19 states shared with the sacklers the pain and tragedy they and their families faced because of addiction to oxycontin. ryan hampton, opioids survivor, author, and activist said -- "i hope that every single victim's face haunts your every waking moment and your sleeping ones, too. i hope you hear our names in your dreams. i hope you hear the screams of the families who find their loved ones dead on the bathroom floor. you poisoned our lives and had the audacity to blame us for dying." in labor news, workers at three more buffalo-area starbucks voted to unionize. six u.s.-based starbucks now have a union. over 100 other locations across the country have filed for their own union elections. and major league baseball has reached an agreement with the mlb players association on a new union contract. the deal ends a 99-day lockout of players by team owners that had threatened to shorten the 2022 season. open
opioid crisis, victims of the epidemic have directly confronted the sackler family, owners of purdue pharma. in a hearing thursday, as part of purdue's bankruptcy settlement, 26 people from 19 states shared with the sacklers the pain and tragedy they and their families faced because of addiction to oxycontin. ryan hampton, opioids survivor, author, and activist said -- "i hope that every single victim's face haunts your every waking moment and your sleeping ones, too. i hope you hear our...
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victims of opioid abuse confronted t owners of purdue pharma today in federal bankruptcy court. members of the sackler family listened to more than 2 dozen virtual testimonies that their company poisoned lives with the painkiller oxycontin. one recovering addict said -- quote -- "i hope you hear our names in your dreams." the sacklers have denied responsibility, but agreed to a $6 billion settlement. the actor who played the character luis the handyman on sesame street for 40 years has died. emilio delgado had a form of blood cancer. he was 81 years old. still to come on the newshour. the potential political consequences of undercounting minority groups in the 2020 census. why some state lawmakers are trying to ban certain books from public schools and libraries. plus much more. >> this is "pbs newshour west" from weta studios in washington and from our bureau at the walter cronkite school of journalism at arizona state university. judy: cia director william burns told the senate intelligence committee today that he believes russian president vladimir putin is losing the so-call
victims of opioid abuse confronted t owners of purdue pharma today in federal bankruptcy court. members of the sackler family listened to more than 2 dozen virtual testimonies that their company poisoned lives with the painkiller oxycontin. one recovering addict said -- quote -- "i hope you hear our names in your dreams." the sacklers have denied responsibility, but agreed to a $6 billion settlement. the actor who played the character luis the handyman on sesame street for 40 years...
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purdue pharma reached a new settlement with several states including california. the drugmaker and the sackler family who owns the company will pay $6 billion to end all litigation. >> the settlement ensures that they will pay up to help those suffering from substance use disorders, access to help they need to recover and provide options for cities, counties, and states to receive funds through grants as soon the pickup secord provides the approvals in the bankruptcy plan becomes effective. kristen: california will receive a half billion dollars as part of the settlement to fund opioid addiction treatment and prevention. larry: from traffic to food trucks to workers, we are seeing signs that san francisco is coming back after the pandemic. we are getting details on a plan to bring more workers back to the office in person. the mayor says she has a commitment from some of the largest companies to welcome back employees starting this month. >> you are going to feel going l difference when you are downtown. reporter: the mayor says it is a turning point for san franc
purdue pharma reached a new settlement with several states including california. the drugmaker and the sackler family who owns the company will pay $6 billion to end all litigation. >> the settlement ensures that they will pay up to help those suffering from substance use disorders, access to help they need to recover and provide options for cities, counties, and states to receive funds through grants as soon the pickup secord provides the approvals in the bankruptcy plan becomes...
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people released pent up frustration, sorrow and rage on members of the sackler family they own purdue pharma, the hihigh ly addictive painkiller, oxycontin, agreed to pay up to $6 billion in exchange for immunity against future opioid lawsuits, 6 billion. said to be worth 11 billion. most of the 6 billion going to fight the opioid crisis and 750 million of it to the victims or survivors but at the bankruptcy hearing today, many victims stressed money won't bring back their dead loved ones. here's some of their words i hope every single victim's, and had the audacity to blame us for dying. you murdered my daughter and destroyed my family. you have truly benefitted from the death of children. you are scum of the earth. and this one, you got rich off our dead bodies and told us it was our own fault for dying. and another. i'm outrabged you haven't owned up to the crisis you created at no point did members of the sackler family offer anything, nothing. beth macy author and journalist of "dopesick." the book inspired hulu's new limited series beth, thank you so much. you listened to this emotiona
people released pent up frustration, sorrow and rage on members of the sackler family they own purdue pharma, the hihigh ly addictive painkiller, oxycontin, agreed to pay up to $6 billion in exchange for immunity against future opioid lawsuits, 6 billion. said to be worth 11 billion. most of the 6 billion going to fight the opioid crisis and 750 million of it to the victims or survivors but at the bankruptcy hearing today, many victims stressed money won't bring back their dead loved ones....
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that is part of the deal, but also in that they are being forced to give up control of purdue pharma.international news, russian president vladimir putin has no plan to stop the invasion of ukraine. french president emmanuel mccrone says that he talk with earlier today. mccrone posted on twitter that he has put in to halt the attack. but at this point he refuses mccrone said that leaders need to keep talking to putin to try and stop the war. well, secretary of state anthony blinken departs for europe meeting with g 7 leaders and nato allies says the international criminal court opens a case to investigate whether russia is committing war crimes. allison harris reports for us. across the united states. covid cases are going down and people are shutting their masks. president biden says free and accessible vaccines. >>the crane drags on. private businesses are taking sides. the world's 2 largest shipping companies say that they will not. >>the sailing to russia indefinitely. their refusal to sail to russian ports will put a squeeze on the nation's ability to receive imported goods. that
that is part of the deal, but also in that they are being forced to give up control of purdue pharma.international news, russian president vladimir putin has no plan to stop the invasion of ukraine. french president emmanuel mccrone says that he talk with earlier today. mccrone posted on twitter that he has put in to halt the attack. but at this point he refuses mccrone said that leaders need to keep talking to putin to try and stop the war. well, secretary of state anthony blinken departs for...
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purdue pharma has reached a new settlement with states that suit for damages.ompany owners will pay up to $6 billion, which is more than an early settlement. they will also issue an apology. the agreement will need approval from a federal bankruptcy judge. and president reagan's final chief of staff, ken duberstein, has died. he held that position for the last half of 1988 after serving as deputy chief of staff. he was a veteran washington insider and later became a consultant for the tv series the west wing. ken duberstein was 77 years old. still to come on the newshour, we talk about u.s. efforts to crack down on russian oligarchs. a former inmate gives his brief but spectacular take on life after incarceration. and much more. >> this is the "pbs newshour" from weta studios in washington and in the west from the walter cronkite school of journalism at arizona state university. judy: it is the clearest picture to date about the scope and potential conclusions of the house committee investigating the january 6 attack on the u.s. capitol. in a 221-page court fil
purdue pharma has reached a new settlement with states that suit for damages.ompany owners will pay up to $6 billion, which is more than an early settlement. they will also issue an apology. the agreement will need approval from a federal bankruptcy judge. and president reagan's final chief of staff, ken duberstein, has died. he held that position for the last half of 1988 after serving as deputy chief of staff. he was a veteran washington insider and later became a consultant for the tv series...
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oxycontin, maker purdue pharma has reached a settlement over its role in the nation's deadly opioid crisisthe deal includes u.s. states and thousands of local governments. the family which owns the condition is boosting its cash contribution to as much as $6 billion. up next, as mentioned, we will talk to an oil expert. an industry expert about your gasoline prices, what they look like and worldwide concern over how the war in europe and ukraine will effect fuel costs. and, later, a russian armada may be heading to ukraine. we have seen it. we will go live to lviv coming up. ♪ it wasn't me by shaggy ♪ you're never responsible for unauthorized purchases on your discover card. where does the stress go when you're driving a lincoln? does it float off into the clouds? daddy! (frustrated grunts) you might have your own theory. but maybe it's better to just let it go. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indee
oxycontin, maker purdue pharma has reached a settlement over its role in the nation's deadly opioid crisisthe deal includes u.s. states and thousands of local governments. the family which owns the condition is boosting its cash contribution to as much as $6 billion. up next, as mentioned, we will talk to an oil expert. an industry expert about your gasoline prices, what they look like and worldwide concern over how the war in europe and ukraine will effect fuel costs. and, later, a russian...
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victims of opioid abuse confronted the owners of purdue pharma today in federal bankruptcy court. members of the sackler family listened to more than two dozen virtual testimonies that their company poisoned lives with the painkiller oxycontin. one recovering addict said, "i hope you hear our names in your dreams." the sacklers have denied responsibility, but agreed to a $6 billion settlement. and on wall street, oil prices fell again-- to $106 a barrel. but this time, it wasn't enough to take the pressure off stocks. the dow jones industrial average lost 112 points, to close at 33,174. the nasdaq fell 125 points-- 1%. the s&p 500 slipped 18. still to come on the newshour: the potential political consequences of undercounting minority groups in the 2020 census. why some state lawmakers are trying to ban certain books from public schools and libraries. plus, much more. >> woodruff: c.i.a. director william burns told the senate intelligence committee today that he believes russia's president vladimir putin is losing the so-called "information war" over ukraine, and that this may chi
victims of opioid abuse confronted the owners of purdue pharma today in federal bankruptcy court. members of the sackler family listened to more than two dozen virtual testimonies that their company poisoned lives with the painkiller oxycontin. one recovering addict said, "i hope you hear our names in your dreams." the sacklers have denied responsibility, but agreed to a $6 billion settlement. and on wall street, oil prices fell again-- to $106 a barrel. but this time, it wasn't...
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oxycontin maker purdue pharma has reached a new settlement with states at sued for damages.'s owrs, the sacklers, will pay up to $6 billion. that's more than an earlier settlement rejected by eight states. the sacklers will also issue an apology. the agreement will need approval by a federal bankruptcy judge. on wall street today, oil prices retreated some, but remained above $100 a barrel, and stocks gave ground as well. the dow jones industrial average lost 96 points to close at 33,794. the nasdaq fell 214 points, 1.5%. the s&p 500 slid 23 points. and, president reagan's final chief of staff, ken duberstein, has died. he held that position for the last half of 1988, after serving as deputy chief of staff. he was a veteran washington insider, and later, became a consultant for the tv series "the west wing." ken duberstein was 77 years old. still to come on the newshour: we speak to a top justice departmentfficial about u.s. efforts to crack down on russian oligarchs. a former inmate gives his brief but spectacular take on life after incarceration. plus much more. >> woodruf
oxycontin maker purdue pharma has reached a new settlement with states at sued for damages.'s owrs, the sacklers, will pay up to $6 billion. that's more than an earlier settlement rejected by eight states. the sacklers will also issue an apology. the agreement will need approval by a federal bankruptcy judge. on wall street today, oil prices retreated some, but remained above $100 a barrel, and stocks gave ground as well. the dow jones industrial average lost 96 points to close at 33,794. the...
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Mar 11, 2022
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they own purdue pharma, the company who makes oxycontin.ly have agreed to pay up to $6 billion in exchange for immunity against future opioid lawsuits. they are said to be worth 11 billion. most of the 6 billion would go to fight the opioid crisis and 750 million of it to the victims or survivors. at the bankruptcy hearing many victims stressed money won't bring back their dead loved ones. here are some of their words. >> i hope that every single victim's face onto your every waking moment and your sleeping ones, too. you poisoned our lives and have the audacity to blame us for dying. you murdered my daughter and destroyed my family. you have truly benefited from the death of children. you are scum of the earth. and this one, you got rich off our dead bodies and told us it was our own fault for dying. and another, i am outraged that you haven't owned up to the crisis that you created. at no point in the hearing did members of the sackler family offer anything, nothing. beth macy joins us now. she is a journalist and author of the book, dope
they own purdue pharma, the company who makes oxycontin.ly have agreed to pay up to $6 billion in exchange for immunity against future opioid lawsuits. they are said to be worth 11 billion. most of the 6 billion would go to fight the opioid crisis and 750 million of it to the victims or survivors. at the bankruptcy hearing many victims stressed money won't bring back their dead loved ones. here are some of their words. >> i hope that every single victim's face onto your every waking...
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Mar 14, 2022
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yeah, so so purdue pharma really played a role in starting the epidemic with oxycontin the story that i'm telling you in this book is about a scrappy startup that comes along later called instance therapeutics and it it have lives in the world that purdue made it takes the playbook and extends it even farther in the aggressive marketing of these painkillers, and it's also what separates it from purdue is this is a story of true accountability where for the first time these are the first top executives at pharmaceutical company to be criminally charged in connection with the opioid epidemics. it was really groundbreaking case. and and it was a new model for how these things could be taken on. so what was -- and what was their product or is their product subsis sure. so instance was a startup based in arizona here in arizona. it launched its first and really only branded product in 2012 called substance. this is extremely potent pain killer it was designed for cancer patients in dire straits. the as you might experience an end-of-life drug a fentanyl is the drug and a lot of people know
yeah, so so purdue pharma really played a role in starting the epidemic with oxycontin the story that i'm telling you in this book is about a scrappy startup that comes along later called instance therapeutics and it it have lives in the world that purdue made it takes the playbook and extends it even farther in the aggressive marketing of these painkillers, and it's also what separates it from purdue is this is a story of true accountability where for the first time these are the first top...
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Mar 3, 2022
03/22
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CNBC
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difficult issues still unresolved and numbers of the billionaire slacker family and their drug company purdue pharmay played in america's opioid epidemic. with eight states and the district of columbia, they would pay up to $6 billion in cash to end all current lawsuits in exchange it would also shield them from future lawsuits. a judge rejected an earlier smaller settlement in which the sacklers agreed to pay $4.5 billion. tonight, as more than a million refugees have escaped the violence in ukraine, we're live on the polish border with several ukrainians preparing to return home to fight on the news, 7:00 eastern, right after jim cramer, cnbc mike, back to you. >> shep, thank you very much >>> disney moving higher after hours after the information reported that the media giant is weighing whether to launch a cheaper ad supported tier of disney plus. joining us is the senior reporter at the information. for more on this potential move, jessica, what's being contemplated here. disney controls hulu hulu has an ad-supported tier of its own service. what price point do you think they might have an ad-s
difficult issues still unresolved and numbers of the billionaire slacker family and their drug company purdue pharmay played in america's opioid epidemic. with eight states and the district of columbia, they would pay up to $6 billion in cash to end all current lawsuits in exchange it would also shield them from future lawsuits. a judge rejected an earlier smaller settlement in which the sacklers agreed to pay $4.5 billion. tonight, as more than a million refugees have escaped the violence in...
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Mar 4, 2022
03/22
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pharma had and u. s. states have now agreed to a new settlement of opioid lawsuits. the deal would require members of the sackler family who owns purdueas much as $6 billion. that's at least 1.2 billion more than they previously agreed on. the money would be used to battle the opioid crisis and to compensate victims and their families. the sackler family also apologized. in exchange, they'll be protected from lawsuits. a bankruptcy judge must still approve this deal. you know, we've got moderate rainfall right now. in redwood city. i'll track these showers moving through the peninsula and the east bay back here in a minute. all right. let's go now to ktvu is entree senior in the newsroom with a look at some of the stories we're working on for the seven o'clock news over on ktvu, plus alex. inflation is stretching the pocketbooks of many americans thin and rising gas prices only contributing to the stress. i speak with one on one with an expert from triple a for more inside and the rising cost of gas and ukrainian star tennis player leaves his wife and three young children to defend his country. tmz shares with us and moving conversati
pharma had and u. s. states have now agreed to a new settlement of opioid lawsuits. the deal would require members of the sackler family who owns purdueas much as $6 billion. that's at least 1.2 billion more than they previously agreed on. the money would be used to battle the opioid crisis and to compensate victims and their families. the sackler family also apologized. in exchange, they'll be protected from lawsuits. a bankruptcy judge must still approve this deal. you know, we've got...