The Price of Painkillers
Could this be a domino effect?
September 3, 2019
Johnson & Johnson got smacked with a $572 million fine from the state of Oklahoma for their role in the country's ongoing opioid crisis. According to Oklahoma, Johnson & Johnson purposely misled doctors and the public about how addictive painkillers actually were and often encouraged overprescribing. This is the first time a big corporation has been held responsible for its role in the crisis, so there's a chance this can start a domino effect. Other pharmacy companies are in the background with sweaty palms tryna prepare for the worst.
Oklahoma was originally tryna get $17 billion from Johnson & Johnson, so all things considered, $572 million is a slight "win." For perspective, they made $81.5 billion last year.