Purdue Pharma photograph

Purdue Pharma

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Ceo Craig Landau
HeadquartersStamford
Connecticut
United States
Founded1892
Revenue3 billion USD (2017)
FoundersJohn Purdue Gray
George Frederick Bingham
SubsidiariesPurdue Pharma Inc.
Imbrium Therapeutics L. P.
Date of Reg.
Date of Upd.
ID1046077
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About Purdue Pharma


Purdue Pharma L. P. is a privately held pharmaceutical company owned principally by descendants of Mortimer and Raymond Sackler. In 2007 it paid out one of the largest fines ever levied against a pharmaceutical firm for mislabeling its product OxyContin, and three executives were found guilty of criminal charges.

University of Oxford drops Sackler name from buildings

University of Oxford drops Sackler name from buildings
May 16,2023 6:00 pm

... The family has links to Purdue Pharma, the maker of OxyContin painkiller that has been hit with lawsuits in the US...

All The Beauty and the Bloodshed film explores Sackler scandal

All The Beauty and the Bloodshed film explores Sackler scandal
Jan 4,2023 10:51 pm

... The Sackler-owned company, Purdue Pharma, which manufactures OxyContin, reached a settlement this year with several US states for its role in the US opioid crisis...

New York's Met museum to remove Sackler name from exhibits

New York's Met museum to remove Sackler name from exhibits
Dec 10,2021 3:25 am

...New York City s Metropolitan Museum of Art and Sackler family members have announced the famed museum will drop their name, linked to opioid-maker Purdue Pharma, from its exhibit halls...

Purdue Pharma 'reaches tentative agreement' to settle opioid cases

Purdue Pharma 'reaches tentative agreement' to settle opioid cases
Feb 16,2020 6:09 am

...The company has made billions from products like painkiller OxyContin Drug-making giant Purdue Pharma has reportedly reached a tentative multi-billion dollar agreement in the US to settle a host of lawsuits against it...

Johnson & Johnson fined in landmark opioid ruling

Johnson & Johnson fined in landmark opioid ruling
Feb 16,2020 5:40 am

... Earlier this year, Oklahoma settled with OxyContin maker Purdue Pharma for $270m and Teva Pharmaceutical for $85m, leaving Johnson & Johnson as the lone defendant...

National Portrait Gallery drops £1m donor

National Portrait Gallery drops £1m donor
Feb 16,2020 3:25 am

... The Sackler Trust, run by the family that owns Purdue Pharma, seller of prescription painkiller OxyContin, said the donation might deflect the gallery from its important work...

New York's Met museum to remove Sackler name from exhibits

Feb 16,2020 3:25 am

New York City's Metropolitan Museum of Art and Sackler Family Members have announced the famed museum will drop their name, linked to opioid-maker Purdue Pharma , from its exhibit halls.

The Sacklers founded The Company , which manufactured drugs like OxyContin, blamed for fuelling the opioid crisis.

In 2019, The Met announced that it would no longer accept gifts from The Family amid increased public scrutiny.

A total of seven exhibition spaces at The Met bear the Sackler name.

In a joint statement released on Thursday, The Met and members of the Sackler family said that The Action was " mutually agreed" in order to " allow The Met to further its core mission".

" Our families have always strongly supported The Met , and we believe this to be in The Best interest of The Museum and the important mission that it serves, " The Descendants of Dr Mortimer Sackler and Dr Raymond Sackler said.

" The earliest of these gifts were made almost fifty years ago, and now We Are passing The Torch to others who might wish to Step Forward to support The Museum , " The Family added.

The seven exhibition spaces bearing the Sackler name include a wing housing the famous Temple of Dendur, an ancient Egyptian temple commissioned by the province's Roman governor.

The Met 's president and CEO, Dan Weiss , said in a statement that the Sacklers " have been among our most generous supporters".

" This gracious gesture by the Sacklers aids The Museum in continuing to serve this and Future Generations . "

Globally, several prominent museums had already taken similar steps to distance themselves from The Family , including the Tate Museum and National Portrait Gallery in the UK and the Louvre In Paris .

In May, the Raymond Sackler family launched a website to address what it said were " many false allegations" blaming The Family , Purdue Pharma And One of its products, OxyContin, for " creating" the opioid crisis.

Addiction to both legal and illegal opioids has been a serious, ongoing problem in the US, which had nearly half A Million deaths from overdoses between 1999 and 2019, according to the US Centers for Disease Control and Prevention.



Source of news: bbc.com

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