Consulting firm McKinsey to pay $78M in U.S. opioid settlement with health insurers, company benefit plans Fox Business
News Source : Fox Business
News Summary
- (Reuters)The litigation has resulted in more than $50 billion in settlements with drugmakers, distributors and pharmacy chains.Plaintiffs accused McKinsey of contributing to the deadly drug crisis by helping drug manufacturers, including Purdue Pharma – the maker of OxyContin – create deceptive marketing strategies to increase sales of painkillers..
- The firm previously paid $641.5 million to resolve claims by state attorneys general and another $230 million to resolve claims by local governments..
Consulting firm McKinsey & Co. has agreed to pay $78 million to settle claims by U.S. health insurers and benefit plans that its work with drug companies helped fuel an epidemic of opioid addicti [+2896 chars]