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May 22 2024
News
Henrietta Lacks' Family Just Scored a Major Victory Against Big Pharma Over Misuse of Her Cells
The family of a Black woman whose biopsied cancer cells have been used in medical research without her consent for decades just scored a major victory in their fight for justice. On May 20, a federal judge rejected pharmaceutical company Ultragenyx’s motion to dismiss a lawsuit filed by the family of Henrietta Lacks last year. Research conducted on Henrietta Lacks’ biopsied (HeLa”) cells has
The Root![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Aug 16 2020
News
Big Pharma’s Covid-19 Profiteers
On June 29th, 2020, while America remained transfixed by anti-police protests, the chairman and CEO of the pharmaceutical company Gilead issued a much-anticipated announcement. In a breezy open letter, Daniel O’Day explained how much his company planned on charging for a course of remdesivir, one of many possible treatments for Covid-19. “In the weeks since we learned of remdesivir’s potential
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May 12 2018
News
Big Pharma Gets a Big Win From Trump
The president campaigned on stinging criticisms of the pharmaceutical industry and promises to use Medicare to lower drug prices. But none of that materialized in his drug-pricing speech this week.
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Jun 28 2024
News
Controversial Purdue Pharma bankruptcy deal is rejected by the Supreme Court
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Jun 27 2024
News
U.S. Supreme Court Overturns Purdue Pharma Bankruptcy Order
STAMFORD, CT — The U.S. Supreme Court on Thursday overturned a bankruptcy plan for Purdue Pharma that would have paid billions of dollars to combat the opioid epidemic while granting a lifetime legal shield to the Sackler family. Connecticut Attorney General William Tong issued the following statement regarding the 5-4 court decision. "This decision is a definitive rebuke of the Sackler family
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Jun 27 2024
News
Supreme Court blocks controversial Purdue Pharma opioid settlement
The Supreme Court on Thursday blocked a controversial proposed Purdue Pharma bankruptcy plan that would have provided billions of dollars to help address the nation’s opioid crisis in exchange for protecting the family that owns the company from future lawsuits. The closely watched fight involving the bankrupt maker of OxyContin is part of a national reckoning over the role of drugmakers and
Washington Post![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Jun 27 2024
News
Supreme Court rules against controversial Purdue Pharma bankruptcy
The Supreme Court has ruled on the multibillion-dollar bankruptcy plan for OxyContin maker Purdue Pharma, ruling against the deal in a 5-4 decision, over a dissent by Justice Brett Kavanaugh that said it "is wrong on the law and devastating for more than 100,000 opioid victims and their families." The deal was controversial because it would release Sackler family members, who own the company,
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Jun 27 2024
News
Supreme Court rejects controversial Purdue Pharma bankruptcy deal
The U.S. Supreme Court on Thursday invalidated a controversial bankruptcy deal involving Purdue Pharma, maker of the highly addictive painkiller Oxycontin, and members of the Sackler family who owned the scandal-plagued drug firm. By a vote of 5 to 4 the justices let stand/threw out the bankruptcy settlement, which has been valued at between $6 and $10 billion. Writing for the court majority,
NPR Fact Check![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
Jun 27 2024
News
US Supreme Court blocks Purdue Pharma bankruptcy settlement
WASHINGTON, June 27 (Reuters) - The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma's bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role in the nation's deadly opioid epidemic. The 5-4 decision reversed a lower court's ruling that had upheld the plan to give Purdue's owners immunity in exchange for paying up to $6
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Jun 14 2024
News
Japanese pharma company plans to double investment in Sanford
Japanese pharmaceutical company Kyowa Kirin — which in February said it would build a $200 million plant in Sanford — now plans to more than double its investment in the Lee County city. The company said this week that its board approved plans to invest up to $530 million for what would be its first North American manufacturing facility. It was unclear late Friday whether the additional
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