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Company: Purdue Pharma
Current Parent Company:
Purdue Pharma
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $270,000,000
Year: 2019
Date: March 26, 2019
Offense Group: healthcare-related offenses
Primary Offense: Controlled Substances Act violation
Secondary Offense: opioid crisis litigation
Mega-Scandal:
Opioid Crisis
Violation Description: Purdue Pharma agreed to pay $177.5 million in cash over five years plus addiction treatment medication worth $20 million to the Oklahoma State University Center for Health Sciences Center for Wellness and Recovery to settle a case brought by the state relating to Purdue Pharma's role in creating the opioid crisis in the state. The company also agreed to pay the state $60 million to cover its litigation costs and $12.5 million to help cities and counties in the state deal with the effect of the opioid crisis.
Level of Government: state
Action Type: agency action
Agency: Oklahoma Attorney General
Civil or Criminal Case: civil
Facility State: Oklahoma
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.