Results 1 to 7 of 7

Thread: Big Pharma Distributor Faces Federal Criminal Charges Over Opioid Crisis

  1. #1
    Moderator "Friend of Germanics"
    Skadi Funding Member

    GroeneWolf's Avatar
    Join Date
    Aug 2007
    Last Online
    @
    Ethnicity
    Dutch
    Subrace
    Don't know
    Country
    Netherlands Netherlands
    State
    Utrecht Utrecht
    Gender
    Age
    37
    Family
    Single adult
    Religion
    Germanic Heathendom
    Posts
    3,047
    Thanks Thanks Given 
    291
    Thanks Thanks Received 
    393
    Thanked in
    212 Posts

    Big Pharma Distributor Faces Federal Criminal Charges Over Opioid Crisis

    zerohedge

    The nation's sixth-largest pharmaceutical distributor is facing federal criminal charges over its role in the opioid crisis sweeping the country, according to the New York Times.

    Rochester Drug Cooperative and two former company officials were charged on Tuesday with defrauding the federal government and conspiracy to distribute drugs. The case was brought by the US attorney's office in Manhattan. The former RDC officials charged are former CEO Laurence F. Doud III and former chief of compliance, William Pietruszewski, according to the Times. Doud is expected to surrender to DEA agents and appear in US District Court in Manhattan later Tuesday.


    (...)
    Rest at the above link.
    The sense of honor is of so fine and delicate a nature that
    it is only to be met with in minds which are naturally noble or
    cultivated by good examples and a refined education.
    - Sir Richard Steele

  2. #2
    Senior Member Uwe Jens Lornsen's Avatar
    Join Date
    Sep 2017
    Last Online
    1 Hour Ago @ 06:10 AM
    Status
    Prolonged Absence
    Ethnicity
    German
    Ancestry
    Jutland
    Subrace
    Nordid
    Country
    Germany Germany
    State
    Schleswig-Holstein Schleswig-Holstein
    Gender
    Age
    48
    Zodiac Sign
    Taurus
    Family
    Widowed
    Politics
    cons. old fashion worker class
    Religion
    Philosophical Archaic Christian
    Posts
    866
    Thanks Thanks Given 
    428
    Thanks Thanks Received 
    262
    Thanked in
    216 Posts

    Thumbs Down Pharma Wholesale in the USA : Drug Distribution in the US

    Tja ... "Big Wholeseller" is probably something else ...

    Smaller wholesalers like this RDC , probably thought ,
    that they could probably settle in a niche ,
    that highly likely is not touched by the "big uncles"

    1. McKesson Corporation (NYSE:MCK)
    2. AmerisourceBergen Corporation (NYSE:ABC)
    3. Cardinal Health, Inc. (NYSE:CAH)

    which are said to handle 90+% of the US drugs market sales , at least in year 2014 , five years back ....



    Rochester is far off behind those big uncle doctors :

    • CuraScript Specialty Distribution: $4.4 billion
    • Morris & Dickson: $4.2 billion
    • Smith Drug (J M Smith) Corporation: $2.5 billion
    • FFF Enterprises: $2.1 billion
    • Rochester Drug Cooperative: $2.0 billion
    • North Carolina Mutual Wholesale Drug: $1.2 billion
    • Anda Distribution: $1.1 billion




    Revenues of the three Big Uncles are 425 Billion US-$ , their market shares are around 25 to 35 % each company ....
    MARKET LEADERS

    Three companies account for more than 90 percent of all revenues from drug distribution in the United States: AmerisourceBergen Corporation (NYSE:ABC), Cardinal Health, Inc. (NYSE:CAH), and McKesson Corporation (NYSE:MCK).
    Outlook and more to read at mdm.com
    https://www.mdm.com/2017-top-pharmac...s-distributors


    Main mistakes of those "geniusses" at Rochester Co-Op :
    1.) Try to survive , even on half-legal sources
    2.) Try to make turnovers with absolutely outcast people
    Mk 10:18 What do you call me a good master, no-one is good .

  3. #3
    Senior Member Uwe Jens Lornsen's Avatar
    Join Date
    Sep 2017
    Last Online
    1 Hour Ago @ 06:10 AM
    Status
    Prolonged Absence
    Ethnicity
    German
    Ancestry
    Jutland
    Subrace
    Nordid
    Country
    Germany Germany
    State
    Schleswig-Holstein Schleswig-Holstein
    Gender
    Age
    48
    Zodiac Sign
    Taurus
    Family
    Widowed
    Politics
    cons. old fashion worker class
    Religion
    Philosophical Archaic Christian
    Posts
    866
    Thanks Thanks Given 
    428
    Thanks Thanks Received 
    262
    Thanked in
    216 Posts

    US prescribed drug market , the largest in the world ?

    About the "Sick Man of Atlantic" :

    Anyone , who wants a well paid job , with "prospering" outlook ,
    might want to become involved in the modern medicine shamans realms ...

    The pharmaceutical manufacturing and medical device manufacturing industry in the United States is one of the worlds largest.
    The country is the largest single market for pharmaceutical products in the world – accounting for approximately 40% of world pharmaceutical sales
    according to statista.com. In 2014, that equated to approximately $365 million.

    These strong sales have contributed to the growth of a huge manufacturing industry. Select USA, a federal level initiative tasked with “attracting investment, increasing employment”, estimates that over 810,000 people work directly in the US biopharmaceutical industry.


    In addition, up to 3.4 million jobs are supported by the sector across the country. The industry as a whole contributes nearly $790 billion in economic output.

    Most importantly though, for anyone considering a change of career in this industry, this strong industry, and strong manufacturing presence brings with it, well-paying jobs. The average wage of biopharmaceutical workers in the US is higher than average wages of all other private sector industries.

    In fact, PhRMA reported that in 2011, total compensation for biopharmaceutical workers was double the average employee compensation of the US ($110,490 compared to $54,455).

    If you’ve found yourself looking for a new career and are considering a move into this sector, there a huge number of companies currently operating here. For now, let’s take a closer look at top 10 pharmaceutical and medical device companies and their operations in the US.

    ... 10 companies described ...
    https://www.getreskilled.com/top-10-...companies-usa/
    Mk 10:18 What do you call me a good master, no-one is good .

  4. #4
    Senior Member Uwe Jens Lornsen's Avatar
    Join Date
    Sep 2017
    Last Online
    1 Hour Ago @ 06:10 AM
    Status
    Prolonged Absence
    Ethnicity
    German
    Ancestry
    Jutland
    Subrace
    Nordid
    Country
    Germany Germany
    State
    Schleswig-Holstein Schleswig-Holstein
    Gender
    Age
    48
    Zodiac Sign
    Taurus
    Family
    Widowed
    Politics
    cons. old fashion worker class
    Religion
    Philosophical Archaic Christian
    Posts
    866
    Thanks Thanks Given 
    428
    Thanks Thanks Received 
    262
    Thanked in
    216 Posts

    Arrow Lists of large Pharmaceutical Companies

    U.S.A. :
    the full list can be found further down, but first, here’s a quick top ten.

    1. johnson & johnson — new brunswick, nj
    2. pfizer — new york city, ny
    3. merck & co. — kenilworth, nj
    4. abbvie inc. — lake bluff, il
    5. bristol-myers squibb — new york city, ny
    6. eli lilly and company — indianapolis, in
    7. biogen — cambridge, ma
    8. abbott laboratories — lake bluff, il
    9. stryker corporation — kalamazoo, mi
    10. regeneron — tarrytown, ny
    https://www.zippia.com/advice/10-big...-companies-us/


    Wikipedia , of course :

    https://en.m.wikipedia.org/wiki/List_of_pharmaceutical_companies

    https://en.m.wikipedia.org/wiki/List_of_largest_biotechnology_and_pharma ceutical_companies

    https://en.m.wikipedia.org/wiki/List...ies_by_revenue
    Mk 10:18 What do you call me a good master, no-one is good .

  5. #5
    Senior Member Uwe Jens Lornsen's Avatar
    Join Date
    Sep 2017
    Last Online
    1 Hour Ago @ 06:10 AM
    Status
    Prolonged Absence
    Ethnicity
    German
    Ancestry
    Jutland
    Subrace
    Nordid
    Country
    Germany Germany
    State
    Schleswig-Holstein Schleswig-Holstein
    Gender
    Age
    48
    Zodiac Sign
    Taurus
    Family
    Widowed
    Politics
    cons. old fashion worker class
    Religion
    Philosophical Archaic Christian
    Posts
    866
    Thanks Thanks Given 
    428
    Thanks Thanks Received 
    262
    Thanked in
    216 Posts

    Sad Opioid Crisis in the U.S. of America , Shithole San Francisco

    What is that , wasn't the 'Kinder vom Bahnhof Zoo' not always "ON" ?

    Wikipedia has a dedicated page about that phenomenon :
    https://en.m.wikipedia.org/wiki/Opio..._United_States

    The opioid epidemic or opioid crisis is a term that generally refers to the rapid increase in the use of prescription and non-prescription opioid drugs, in the United States, beginning in the late 1990s. The increase in opioid overdose deaths has been dramatic, and opioids were responsible for 49,000 of the 72,000 drug overdose deaths overall in the US in 2017.[2] The rate of prolonged opioid use is increasing globally.[4]

    ....

    Drug overdoses have become the leading cause of death of Americans under 50, with two-thirds of those deaths from opioids.[6] In 2016, the crisis decreased overall life expectancy of Americans for the second consecutive year.[7] Overall life expectancy fell from 78.7 to 78.6 years. Men were disproportionately more affected due to higher overdose death rates, with life expectancy declining from 76.3 to 76.1 years. Women's life expectancy remained stable at 81.1 years.[7] However, white women, the demographic of women most affected by the crisis, did experience a decline in life expectancy related to the opioid epidemic.[8]

    ....

    A 2017 survey in Utah of heroin users found about 80 percent started with prescription drugs.[53]

    There had been a "Shit hole San Francisco" embarrasment a few years ago ,
    with videos circulating showing white young adults ( and blacks ) pushing needles , and needles as litter in the steets .
    Has that changed , or did the pestilence move to other metropolises ?

    Year 2015 , the metapher "Shithole" had been around , and therefore not an invention by Donald Trump :
    We drove through Vancouver and they have this same problem contained on in one section, no doubt a city policy enforced by the police.

    It made me realize that Canada's claim to be our moral superiors is bullshit.
    http://www.usmessageboard.com/thread...#post-12663784

    Status of San Francisco as abyss of human excrement , as of 2019 ?
    https://america-wake-up.com/2019/01/...s-a-shit-hole/

    https://www.brighteon.com/5813379735001
    Mk 10:18 What do you call me a good master, no-one is good .

  6. #6
    Senior Member Uwe Jens Lornsen's Avatar
    Join Date
    Sep 2017
    Last Online
    1 Hour Ago @ 06:10 AM
    Status
    Prolonged Absence
    Ethnicity
    German
    Ancestry
    Jutland
    Subrace
    Nordid
    Country
    Germany Germany
    State
    Schleswig-Holstein Schleswig-Holstein
    Gender
    Age
    48
    Zodiac Sign
    Taurus
    Family
    Widowed
    Politics
    cons. old fashion worker class
    Religion
    Philosophical Archaic Christian
    Posts
    866
    Thanks Thanks Given 
    428
    Thanks Thanks Received 
    262
    Thanked in
    216 Posts

    Purdue Pharmaceuticals LP : Opioid pain killer inventor and dealer

    The Sackler family , unfortunately of Jewish origion ,
    is behind the invention of
    OxyContin .


    Sackler probably named for the Judas's money bag .


    Purdue Pharma makes pain medicines such as hydromorphone, oxycodone, fentanyl, codeine, and hydrocodone. It is widely known for the production of drugs such as MS Contin, Oxycontin, and Ryzolt. In 1972, Contin (a controlled drug-release system) was developed. In 1984, its extended-release formulation of morphine, MS Contin was released. In 1996 its extended-release formulation of oxycodone, OxyContin was released.[5]
    ....
    Oxycontin's risk of addiction and agreed to pay US$600 million in one of the largest pharmaceutical settlements in U.S. history. The company's president (Michael Friedman), top lawyer (Howard R. Udell) and former chief medical officer (Paul D. Goldenheim) ...
    https://en.m.wikipedia.org/wiki/Purdue_Pharma

    Born to a Jewish family[3] in Brooklyn, Sackler attended New York University School of Medicine and graduated with a M.D.[4]
    https://en.m.wikipedia.org/wiki/Arthur_M._Sackler


    From the original post :
    Since the Sackler family - which controls Purdue Pharma - launched OxyContin in the late 1990s, deaths involving prescription and illegal opioids have quadrupled from 2.9 per 100,000 in 1999 to 13.3 per 100,000 in 2016, according to the Centers for Disease Control and Prevention.
    Mk 10:18 What do you call me a good master, no-one is good .

  7. #7
    Senior Member Uwe Jens Lornsen's Avatar
    Join Date
    Sep 2017
    Last Online
    1 Hour Ago @ 06:10 AM
    Status
    Prolonged Absence
    Ethnicity
    German
    Ancestry
    Jutland
    Subrace
    Nordid
    Country
    Germany Germany
    State
    Schleswig-Holstein Schleswig-Holstein
    Gender
    Age
    48
    Zodiac Sign
    Taurus
    Family
    Widowed
    Politics
    cons. old fashion worker class
    Religion
    Philosophical Archaic Christian
    Posts
    866
    Thanks Thanks Given 
    428
    Thanks Thanks Received 
    262
    Thanked in
    216 Posts

    Sackler family offers Personal Wealth

    Article about the Opioid deal by Brian Mann :
    The family that owns Purdue Pharma,
    maker of Oxycontin, has agreed to give up "the entire value" of the privately owned firm
    to settle claims that Purdue played a central role in the nation's deadly opioid epidemic.

    That's according to a spokesperson for the firm, who detailed the Sackler family's offer in an email sent to NPR on Monday.

    "Additionally, the Sacklers have offered $3 billion in cash as part of the global resolution,"
    wrote Josephine Martin, Purdue Pharma's head of corporate affairs and communications.

    https://www.npr.org/2019/09/09/75892...-opioid-claims
    Mk 10:18 What do you call me a good master, no-one is good .

  8. The Following User Says Thank You to Uwe Jens Lornsen For This Useful Post:


Similar Threads

  1. The Secretive Family Making Billions From The Opioid Crisis
    By Æmeric in forum Health, Fitness & Nutrition
    Replies: 0
    Last Post: Monday, October 23rd, 2017, 09:46 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •