Posted on 09/16/2019 7:22:09 PM PDT by grumpygresh
"This settlement framework avoids wasting hundreds of millions of dollars and years on protracted litigation and instead will provide billions of dollars and critical resources to communities across the country trying to cope with the opioid crisis"
(Excerpt) Read more at nytimes.com ...
They filed for bankruptcy? Oh boo-hoo. After they have transferred billions of dollars first into Swiss Bank accounts.
2000 lawsuits? There’s gonna be a lot of pee-od lawyers.
Sadly, Swiss banks have become just another tentacle of the US Treasury Dept and IRS.
This is beyond stupid. One can extrapolate this kind of insanity and next thing you know they will want us to pay reparations for slavery. Oh wait a minute.
Well if they screwed over the government, good for them.
I don't hold drug companies responsible. I hold the junkies...and maybe doctors...responsible.These lawsuits are solely meant to line the pockets of politicians and lawyers.
We needed that money to stay in CT. ;-)
I like the Billion $ wire transfer by one of the family members that was discovered.
Yep, what about the docs AND hospitals?
Are they being blamed/held acountable, too?
What about personal responsibility/choices? Like you said....junkies.
Agree 100% w/your post.
Surveys of heroin addicts actually show that despite increased production of opioids, the number of addicts starting out with prescription opiates decreased from 2005 - 2015. So the increasing availability of prescriptions did not result in heroin addiction.
https://www.ncbi.nlm.nih.gov/m/pubmed/28582659/
RESULTS: In 2005, only 8.7% of opioid initiators started with heroin, but this sharply increased to 33.3% (p<0.001) in 2015, with no evidence of stabilization. The use of commonly prescribed opioids, oxycodone and hydrocodone, dropped from 42.4% and 42.3% of opioid initiators, respectively, to 24.1% and 27.8% RESUuLTS: In 2005, only 8.7% of opioid initiators started with heroin, but this sharply increased to 33.3% (p<0.001) in 2015, with no evidence of stabilization. The use of commonly prescribed opioids, oxycodone and hydrocodone, dropped from 42.4% and 42.3% of opioid initiators, respectively, to 24.1% and 27.8% in 2015, such that heroin as an initiating opioid was now more frequently endorsed than prescription opioid analgesics.
Oxycontin is one of the best pain pills out there. It is a time release pill. It helps a lot of people who are in extreme pain. If you break it down and crush it up, you will alter the time release and get all the pain relief at one time. You surely will become addicted if you do that. Use this pill in a way that is not prescribed is illegal. None of this is the manufacturers fault.
I still use them sparingly when I go to the dentist for a root canal, or other seriously painful procedure.
I guess like alcohol addiction or gambling addiction, some of us aren't wired for drug addiction - I only use them (sometimes half dose) when I really need them.
Pain Management Research Screaming as it dies just like we all will because we can’t get pain meds that won’t leave us without a life long addiction.
Kind of defeats the purpose that these lawsuits are supposed to enforce on these companies.
Addiction to opiates is very rare, less than 1-2%.
I guess we can get kidney failure, GI bleeds and MIs from NSAIDS.
Exactly. If you leave it to the lawyers then all pharmaceutical manufacturers are going to be sued. Then, who'll want to be in the drug development business? At that point, we all lose.
That’s not my point, some of these companies were investigating meds that would have been light years ahead of what we have. That funding will be gone.
Some things were even weird, like scorpion venom
You’re right. The entire field has been nuked; even the interventional procedures are way down because so many clinics have closed and you’d have to be an idiot to go into the field so residency programs are done.
No more research, thank the government.
[[and maybe doctors]]
Some doctors- most prescribed responsibly- since opioids have less than a 2% addiction rate- the opioid crisis is NOT due to doctors- it’s due to junkies getting black market opioids- Now- there were some unscrupulous doctors who were indeed ‘pill farms’ prescribing to known junkies- but the vast majority of doctors did not- I don’t blame the doctors one bit- (with hte exception of the pill farmers)- Because again, prescriptions, when taken as ordered, have less than a 2% addiction rate- that has been proven-
thanks for posting that link- i didn’t want to scroll through all my comments in the last month to find it again lol
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