Saturday, February 6, 2021

Oklahoma to receive $8.9M in multi-state settlement with drug company over opioid crisis


Oklahoma Reaches Multi-Million Dollar Settlement with McKinsey & Company for Role in Opioid Epidemic

OKLAHOMA CITY – Attorney General Mike Hunter today announced the state of Oklahoma will receive $8.9 million as part of a 47-state, $573 million settlement with consulting firm McKinsey & Company for the company’s role in the nation’s opioid epidemic.

The settlement resolves investigations by state attorneys general into McKinsey for advising opioid companies on how to promote and devise unconscionable marketing strategies for the highly addictive drugs to increase opioid sales.

The money Oklahoma receives will go to the state treasury account created to receive opioid settlement money. According to the agreement, the money must be used by the state to abate the opioid epidemic.

Attorney General Hunter said McKinsey’s actions played a significant role in the opioid epidemic.

Read more »


by Jamison Faught - February 06, 2021 at 12:32PM
 

Oklahoma to receive $8.9M in multi-state settlement with drug company over opioid crisis

Click the title to read the entire article at Muskogee Politico