Another Big Opioid Crisis Settlement

Back in December, consulting firm McKinsey & Company issued an apology for advising Purdue Pharma how to ‘turbocharge’ opioid sales. According to a recent New York Times article, the firm is now putting its money where its mouth is with a massive settlement to the tune of $573 million. The agreement comes after lawsuits from 49 states produced a trove of documents illustrating how McKinsey’s advice to drugmakers contributed to an opioid crisis that claimed 450,000 lives in twenty years.