Purdue Pharma
Purdue Pharma L.P., is privately-held pharmaceutical company founded by physicians. It is located in Stamford, Connecticut.
Purdue is best known for painkillers, but they have also branched into other areas such as oncology and nutraceuticals.
In its early years, Purdue was known for its antiseptic product, Betadine Solution, and its Senokot laxatives. Today, it is best known for its products for the treatment of pain; MS Contin Tablets and OxyContin Tablets.
Prescription drug abuse
Purdue has also been involved in measures against prescription drug abuse, particularly of its well known Oxycontin brand. In 2001, Connecticut Attorney General Richard Blumenthal issued a statement urging Purdue to take action regarding abuse of Oxycontin. Blumenthal noted that while Purdue seemed sincere, there was little action being taken beyond "cosmetic and symbolic steps."[1] After Purdue announced plans to reformulate the drug, Blumenthal noted that this would take time, and that "Purdue Pharma has a moral, if not legal, obligation to take effective steps now that address addiction and abuse even as it works to reformulate the drug."[2] The company has since implemented a comprehensive program designed to assist in detection of the illegal trafficking and abuse of prescription drugs without compromising patient access to proper pain control.
In May 2007, the company pleaded guilty to misleading the public about Oxycontin's risk of addiction. Purdue Pharma, its president, top lawyer, and former chief medical officer agreed to pay $634.5 million in fines for claiming the drug was less addictive and less subject to abuse than other pain medications.[3]
References
- ↑ Connecticut Attorney General's Office Press Release: Attorney General Calls For Major Changes In Marketing And Distribution Of Oxycontin
- ↑ Connecticut Attorney General's Office Press Release: Attorney General's Statement On Purdue Pharma's Announcement That It Intends To Reformulate Oxycontin
- ↑ OxyContin Maker, Execs Guilty of Deceit