Purdue Pharma
| Use attributes for filter ! | |
| Ceo | Craig Landau |
|---|---|
| Headquarters | Stamford |
| Connecticut | |
| United States | |
| Founded | 1892 |
| Revenue | 3 billion USD (2017) |
| Founders | John Purdue Gray |
| George Frederick Bingham | |
| Subsidiaries | Purdue Pharma Inc. |
| Imbrium Therapeutics L. P. | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1046077 |
About Purdue Pharma
Purdue Pharma L. P. is a privately held pharmaceutical company owned principally by descendants of Mortimer and Raymond Sackler. In 2007 it paid out one of the largest fines ever levied against a pharmaceutical firm for mislabeling its product OxyContin, and three executives were found guilty of criminal charges.
University of Oxford drops Sackler name from buildings
... The family has links to Purdue Pharma, the maker of OxyContin painkiller that has been hit with lawsuits in the US...
All The Beauty and the Bloodshed film explores Sackler scandal
... The Sackler-owned company, Purdue Pharma, which manufactures OxyContin, reached a settlement this year with several US states for its role in the US opioid crisis...
New York's Met museum to remove Sackler name from exhibits
...New York City s Metropolitan Museum of Art and Sackler family members have announced the famed museum will drop their name, linked to opioid-maker Purdue Pharma, from its exhibit halls...
Purdue Pharma 'reaches tentative agreement' to settle opioid cases
...The company has made billions from products like painkiller OxyContin Drug-making giant Purdue Pharma has reportedly reached a tentative multi-billion dollar agreement in the US to settle a host of lawsuits against it...
Johnson & Johnson fined in landmark opioid ruling
... Earlier this year, Oklahoma settled with OxyContin maker Purdue Pharma for $270m and Teva Pharmaceutical for $85m, leaving Johnson & Johnson as the lone defendant...
National Portrait Gallery drops £1m donor
... The Sackler Trust, run by the family that owns Purdue Pharma, seller of prescription painkiller OxyContin, said the donation might deflect the gallery from its important work...
University of Oxford drops Sackler name from buildings
The University of Oxford is to remove the Sackler name from its buildings over The Family 's association with the opioid crisis in the US.
The Sackler Library and galleries and staff posts at the Ashmolean Museum , are being renamed following a review into the ties.
Other institutions in the UK and across The World have taken similar action.
The Family has links to Purdue Pharma , The Maker of OxyContin painkiller that has been hit with lawsuits in the US.
A statement on the University of Oxford's website said the outcome of the review " had the full support of the Sackler family and were approved by the University Council" on Monday.
The Sackler Library has been renamed the Bodleian Art, Archaeology and Ancient World Library.
The university said donations received from the Sackler family and their trusts will be " retained by the university for their intended educational purposes". It said no new donations have been received from The Family or their trusts since January 2019.
However, the Sackler name will still be retained on the Clarendon Arch and on the Ashmolean Museum 's donor board for " the purposes of historical recording" of donations.
The US billionaire family was known for many years for making huge charitable donations to galleries and museums around The World .
The University of Oxford faced pressure in recent years to remove the Sackler name from its sites.
The National Portrait Gallery, and The Roundhouse are among The Other UK institutions to have cut ties with the Sacklers in recent years,
In March 2022, the British Museum also announced it would remove the Sackler name from " galleries, rooms and endowments they supported".
The Louvre Museum In Paris and have also distanced themselves from Sackler donations.
Related TopicsSource of news: bbc.com
