OxyContin manufacturer files for bankrupcy

[mollyanna58]

www.msn.com/en-us/money/companies/purdue-pharma-drugmaker-accused-of-fueling-the-opioid-epidemic-files-for-bankruptcy/ar-AAHlumd?ocid=spartanntp

After the controlling family has pulled out who knows how much money.

[dondub]

Which they should be using for bail.

[billisonboard]

Corporate America:  Where profit is privatized and costs are socialized!

[happyhoix]

Sept 16, 2019 11:48:56 GMT -5 mollyanna58 said:

www.msn.com/en-us/money/companies/purdue-pharma-drugmaker-accused-of-fueling-the-opioid-epidemic-files-for-bankruptcy/ar-AAHlumd?ocid=spartanntp

After the controlling family has pulled out who knows how much money.

I heard this AM they've been trying to hide billions of company assets but the government is already tracking it down.

I had a little sympathy for them (hate all those workers will lose their jobs) but then I found out that, while they've stopped selling oxy in the US, they have another branch of their company that continues to sell it internationally.

So - screw 'em.

[NastyWoman]

Sept 16, 2019 11:48:56 GMT -5 mollyanna58 said:

www.msn.com/en-us/money/companies/purdue-pharma-drugmaker-accused-of-fueling-the-opioid-epidemic-files-for-bankruptcy/ar-AAHlumd?ocid=spartanntp

After the controlling family has pulled out who knows how much money.

That is being looked into, but they have made sure that they won't have to spend their nights in a car parked behind Walmart.

"The New York attorney general’s office said on Friday that it had tracked about $1 billion in wire transfers by the Sackler family, including through Swiss bank accounts, suggesting that the family tried to shield wealth as it faced a raft of litigation over its role in the opioid crisis. ..."

www.nytimes.com/2019/09/13/health/sacklers-purdue-opioids.html

[The Walk of the Penguin Mich]

This is going to sound incredibly selfish on my part, but I truly hope that they do not pull this off the market.  This drug was responsible for making my life less of a living hell when I was going through my infection and multiple surgeries.  I was dealing with the sort of pain where I actually considered suicide, even maxed out on the drug - I can't imagine what it would be like without.  I still have a small stash of it leftover which would get pried out of my cold, dead hands.

But these stories aren't important.

[weltschmerz]

I had surgery yesterday and the surgeon refused to prescribe opiates for post-op pain.  I look like I was punched in the face by Mike Tyson.

I come in colours everywhere
I comb my hair
I'm like a rainbow.

[justme]

I haven't been prescribed oxy, but I have some of the lesser hydrocodone pills. Considering that for whatever reason OTC pain pills have never really touched any pain I have, it would turn into hospital visits I don't really need when I have a bad pain day. Glad that so far my primary doctor sees a benefit in me being able to manage my pain vs sending me to a hospital to get the same damn thing but at 100x the price. 

[laterbloomer]

Sept 17, 2019 13:00:48 GMT -5 The Walk of the Penguin Mich said:

This is going to sound incredibly selfish on my part, but I truly hope that they do not pull this off the market.  This drug was responsible for making my life less of a living hell when I was going through my infection and multiple surgeries.  I was dealing with the sort of pain where I actually considered suicide, even maxed out on the drug - I can't imagine what it would be like without.  I still have a small stash of it leftover which would get pried out of my cold, dead hands.

But these stories aren't important.

I actually haven't heard anyone talk about taking it off the market. The uproar was for lying about the addictiveness and the side effects. All kinds of narcotics are still legal when used knowledgeably for the right purpose. 

[The Walk of the Penguin Mich]

Sept 17, 2019 14:40:35 GMT -5 laterbloomer said:

Sept 17, 2019 13:00:48 GMT -5 The Walk of the Penguin Mich said:

This is going to sound incredibly selfish on my part, but I truly hope that they do not pull this off the market.  This drug was responsible for making my life less of a living hell when I was going through my infection and multiple surgeries.  I was dealing with the sort of pain where I actually considered suicide, even maxed out on the drug - I can't imagine what it would be like without.  I still have a small stash of it leftover which would get pried out of my cold, dead hands.

But these stories aren't important.

I actually haven't heard anyone talk about taking it off the market. The uproar was for lying about the addictiveness and the side effects. All kinds of narcotics are still legal when used knowledgeably for the right purpose. 

It is no longer being covered by certain insurances now in the US and it is harder to get.  OxyContin is no more addictive than any other narcotic, and once it leaves the pharmacy it is impossible to keep patients from abusing it if they so desire.   Because it is a timed release med, it has a higher level of narcotic than the shorter acting ones.  As it has the same narcotic as percoset, it has the same side effects.

Yes, all kinds of narcotics are still legal.  The major advantage of OxyContin is when you have continual, unrelenting pain you always have a very low level of narcotic in your system so you hurt - but not as bad - when the short acting drugs wear off.  Because you do not hurt so bad, when you take the next dose, you get more immediate relief.  This is a unique feature of OxyContin and separates it from percoset and the ilk. Those drugs last 4-6 hours and when they wear off, you are starting from ground zero in pain control.   

[The Walk of the Penguin Mich]

Sept 17, 2019 14:19:38 GMT -5 weltschmerz said:

I had surgery yesterday and the surgeon refused to prescribe opiates for post-op pain.  I look like I was punched in the face by Mike Tyson.

I come in colours everywhere
I comb my hair
I'm like a rainbow.

I have heard some hip replacement patients not being prescribed opiates for post op pain.  

[laterbloomer]

Sept 17, 2019 16:23:59 GMT -5 The Walk of the Penguin Mich said:

Sept 17, 2019 14:40:35 GMT -5 laterbloomer said:

I actually haven't heard anyone talk about taking it off the market. The uproar was for lying about the addictiveness and the side effects. All kinds of narcotics are still legal when used knowledgeably for the right purpose. 

It is no longer being covered by certain insurances now in the US and it is harder to get.  OxyContin is no more addictive than any other narcotic, and once it leaves the pharmacy it is impossible to keep patients from abusing it if they so desire.   Because it is a timed release med, it has a higher level of narcotic than the shorter acting ones.  As it has the same narcotic as percoset, it has the same side effects.

Yes, all kinds of narcotics are still legal.  The major advantage of OxyContin is when you have continual, unrelenting pain you always have a very low level of narcotic in your system so you hurt - but not as bad - when the short acting drugs wear off.  Because you do not hurt so bad, when you take the next dose, you get more immediate relief.  This is a unique feature of OxyContin and separates it from percoset and the ilk. Those drugs last 4-6 hours and when they wear off, you are starting from ground zero in pain control.   

I agree with the part about it being harder to get, that is/was a big part of the problem. It was being prescribed like candy because "it isn't addictive". And I mentioned the narcotics that are still legal to say that as evidence they won't make oxycontin illegal, just more controlled. 

Certain insurances don't cover birth control either, that is not the same as making it illegal or pulling it off the market. Insurance doesn't pay for anything it can get away with not paying for.

[tractor]

I read somewhere that one of the families strategy’s was to declare bankruptcy, let the government take over the company then use future profits to pay for addiction issues/lawsuits. Not a bad plan, they family has billions at their disposal, how much more do they need? They can take their money and run while allowing all future profits to be put to better use.

It was either this, or be faced with a continued onslaught of lawsuits as states jump on board the money train.

[Deleted]

Sept 17, 2019 14:40:35 GMT -5 laterbloomer said:

Sept 17, 2019 13:00:48 GMT -5 The Walk of the Penguin Mich said:

This is going to sound incredibly selfish on my part, but I truly hope that they do not pull this off the market.  This drug was responsible for making my life less of a living hell when I was going through my infection and multiple surgeries.  I was dealing with the sort of pain where I actually considered suicide, even maxed out on the drug - I can't imagine what it would be like without.  I still have a small stash of it leftover which would get pried out of my cold, dead hands.

But these stories aren't important.

I actually haven't heard anyone talk about taking it off the market. The uproar was for lying about the addictiveness and the side effects. All kinds of narcotics are still legal when used knowledgeably for the right purpose. 

Which seems to be forgotten when you're not in the world of serious pain/terminal illness. 

It's all rah, rah, we're getting back at the man ! 

We'll show those rich people making money on drugs.  


The actual losers, the people who need them and use them correctly.

[happyhoix]

Sept 18, 2019 11:38:11 GMT -5 @x said:

Sept 17, 2019 14:40:35 GMT -5 laterbloomer said:

I actually haven't heard anyone talk about taking it off the market. The uproar was for lying about the addictiveness and the side effects. All kinds of narcotics are still legal when used knowledgeably for the right purpose. 

Which seems to be forgotten when you're not in the world of serious pain/terminal illness. 

It's all rah, rah, we're getting back at the man ! 

We'll show those rich people making money on drugs.  


The actual losers, the people who need them and use them correctly.

So you're arguing that the company that put a time release coating on an extremely addictive pill and then advertised it as 'non addictive' - even though there are internal records showing they knew exactly how addictive it was - shouldn't be sued because we need to make sure this extremely addictive drug is still available to people who need them?

Seems a little reckless, especially since there are other drugs available for those really in pain. 

[Deleted]

Sept 18, 2019 11:45:58 GMT -5 happyhoix said:

Sept 18, 2019 11:38:11 GMT -5 @x said:

Which seems to be forgotten when you're not in the world of serious pain/terminal illness. 

It's all rah, rah, we're getting back at the man ! 

We'll show those rich people making money on drugs.  


The actual losers, the people who need them and use them correctly.

So you're arguing that the company that put a time release coating on an extremely addictive pill and then advertised it as 'non addictive' - even though there are internal records showing they knew exactly how addictive it was - shouldn't be sued because we need to make sure this extremely addictive drug is still available to people who need them?

Seems a little reckless, especially since there are other drugs available for those really in pain. 

My argument is companies make the drug.

Time release when used as prescribed, works correctly. 

Doctors doing the prescribing, are responsible for the use of drugs that are addictive. 

If you're seeing a doctor that doesn't know opioids are addicting ?

Which is the only way you can get them.

You might want to check his credentials.

[The Walk of the Penguin Mich]

Sept 18, 2019 11:45:58 GMT -5 happyhoix said:

Sept 18, 2019 11:38:11 GMT -5 @x said:

Which seems to be forgotten when you're not in the world of serious pain/terminal illness. 

It's all rah, rah, we're getting back at the man ! 

We'll show those rich people making money on drugs.  


The actual losers, the people who need them and use them correctly.

So you're arguing that the company that put a time release coating on an extremely addictive pill and then advertised it as 'non addictive' - even though there are internal records showing they knew exactly how addictive it was - shouldn't be sued because we need to make sure this extremely addictive drug is still available to people who need them?

Seems a little reckless, especially since there are other drugs available for those really in pain. 

The point is....it is the exact same narcotic that there is in oxycodone and Percocet.  Even if the company advertised it as ‘non addictive’ (and quite frankly, addiction research has expanded considerably since it came on the market, so things are known now that were not known then), the doctor should realize ‘same active ingredient, same potential for addiction’.  If not, that was incredibly stupid on their part to take the word of someone who did not have near the education as you.  

Also, there are other drugs available for pain, but this drug is unique.  I have had orthopedic surgery without it, and with it.  Among other things, while I still had pain, it was more moderated rather than without where you have short periods of having no pain and as the drug wears off, the pain increases until your next dose.  There are extreme severe pain highs and lows.  World of difference.  

Oh, and for my first surgery without?  I bordered on liver failure from taking 6000 mg of acetaminophen/day for several weeks from the other drugs on the market.

[The Walk of the Penguin Mich]

Sept 18, 2019 11:45:58 GMT -5 happyhoix said:

Sept 18, 2019 11:38:11 GMT -5 @x said:

Which seems to be forgotten when you're not in the world of serious pain/terminal illness. 

It's all rah, rah, we're getting back at the man ! 

We'll show those rich people making money on drugs.  


The actual losers, the people who need them and use them correctly.

So you're arguing that the company that put a time release coating on an extremely addictive pill and then advertised it as 'non addictive' - even though there are internal records showing they knew exactly how addictive it was - shouldn't be sued because we need to make sure this extremely addictive drug is still available to people who need them?

Seems a little reckless, especially since there are other drugs available for those really in pain. 

The time release mechanism is not addicting, it is the dose of the drug.  OxyContin is up 10 mg to 80mg (I think.....I was only prescribed 60 mg) 2-3x/day.  The point is that the drug releases 60 mg over 8-12 hours, so you have about 5 mg released into your system each hour.  That is pretty much the equivalent of taking a Percocet every hour.  

Those who who abused the drug found ways of circumventing the timed release mechanism, to get the full 60 mg dose released at one time.

Again, yes....there are other drugs on the market, but this one works EXTREMELY well when you have pain for extended periods of time.  After my excisions (where they broke my prosthesis out of bone), I was on 60 mg of Oxycontin for about 2 weeks at 3x/day (along with short acting oxycodone).  I stepped down to 40 mg, then 20 mg at subsequent 2 week appointments.  By 2-3 months, i was pretty much off 95% of the narcotics until I had my next surgery.  Lather, rinse, repeat.

I had hand surgery last year.  I got about 10 days of short acting narcotics.  The pain between these surgeries was on different scales.

[happyhoix]

Sept 18, 2019 12:20:43 GMT -5 The Walk of the Penguin Mich said:

Sept 18, 2019 11:45:58 GMT -5 happyhoix said:

So you're arguing that the company that put a time release coating on an extremely addictive pill and then advertised it as 'non addictive' - even though there are internal records showing they knew exactly how addictive it was - shouldn't be sued because we need to make sure this extremely addictive drug is still available to people who need them?

Seems a little reckless, especially since there are other drugs available for those really in pain. 

The time release mechanism is not addicting, it is the dose of the drug.  OxyContin is up 10 mg to 80mg (I think.....I was only prescribed 60 mg) 2-3x/day.  The point is that the drug releases 60 mg over 8-12 hours, so you have about 5 mg released into your system each hour.  That is pretty much the equivalent of taking a Percocet every hour.  

Those who who abused the drug found ways of circumventing the timed release mechanism, to get the full 60 mg dose released at one time.

Again, yes....there are other drugs on the market, but this one works EXTREMELY well when you have pain for extended periods of time.  After my excisions (where they broke my prosthesis out of bone), I was on 60 mg of Oxycontin for about 2 weeks at 3x/day (along with short acting oxycodone).  I stepped down to 40 mg, then 20 mg at subsequent 2 week appointments.  By 2-3 months, i was pretty much off 95% of the narcotics until I had my next surgery.  Lather, rinse, repeat.

I had hand surgery last year.  I got about 10 days of short acting narcotics.  The pain between these surgeries was on different scales.

Thanks for the insights from someone who unfortunately experienced using them.

 

They'd have made a good profit offering a drug that was different from other opioids in how it worked when used properly. Someone internally got greedy and pushed the idea that it was a 'safe' opioid you couldn't get addicted to.  Not sure how that claim got past the FDA - surely someone at the FDA knows that junkies grind up their pills for a bigger punch.

Sometimes the FDA seems very reckless in what they allow to be sold, and at other times, weirdly restrictive.

[tbop77]

Sept 18, 2019 11:38:11 GMT -5 @x said:

Sept 17, 2019 14:40:35 GMT -5 laterbloomer said:

I actually haven't heard anyone talk about taking it off the market. The uproar was for lying about the addictiveness and the side effects. All kinds of narcotics are still legal when used knowledgeably for the right purpose. 

Which seems to be forgotten when you're not in the world of serious pain/terminal illness. 

It's all rah, rah, we're getting back at the man ! 

We'll show those rich people making money on drugs.  


The actual losers, the people who need them and use them correctly.

Did you miss the part that they mislead doctors?  So, rah, rah, rah, who should have to pay for this mess?  The taxpayer? 

In 2007, Purdue and three executives pleaded guilty to criminal charges of misleading doctors and the public about the safety of OxyContin and paid a $635 million fineIn 2007.

wcfcourier.com/opinion/editorial/editorial-opioid-makers-shouldn-t-be-off-the-hook/article_1eeff2ce-f680-51ad-8048-4071f07a9480.html

[The Walk of the Penguin Mich]

Sept 18, 2019 15:03:55 GMT -5 happyhoix said:

Sept 18, 2019 12:20:43 GMT -5 The Walk of the Penguin Mich said:

The time release mechanism is not addicting, it is the dose of the drug.  OxyContin is up 10 mg to 80mg (I think.....I was only prescribed 60 mg) 2-3x/day.  The point is that the drug releases 60 mg over 8-12 hours, so you have about 5 mg released into your system each hour.  That is pretty much the equivalent of taking a Percocet every hour.  

Those who who abused the drug found ways of circumventing the timed release mechanism, to get the full 60 mg dose released at one time.

Again, yes....there are other drugs on the market, but this one works EXTREMELY well when you have pain for extended periods of time.  After my excisions (where they broke my prosthesis out of bone), I was on 60 mg of Oxycontin for about 2 weeks at 3x/day (along with short acting oxycodone).  I stepped down to 40 mg, then 20 mg at subsequent 2 week appointments.  By 2-3 months, i was pretty much off 95% of the narcotics until I had my next surgery.  Lather, rinse, repeat.

I had hand surgery last year.  I got about 10 days of short acting narcotics.  The pain between these surgeries was on different scales.

Thanks for the insights from someone who unfortunately experienced using them.

 

They'd have made a good profit offering a drug that was different from other opioids in how it worked when used properly. Someone internally got greedy and pushed the idea that it was a 'safe' opioid you couldn't get addicted to.  Not sure how that claim got past the FDA - surely someone at the FDA knows that junkies grind up their pills for a bigger punch.

Sometimes the FDA seems very reckless in what they allow to be sold, and at other times, weirdly restrictive.

I am not sure how the claim that it was not addictive got past doctors who prescribed it either.  Both Percocet and Oxycontin contain the same narcotic (oxycodone).  The only difference is the way that they are metabolized to provide narcotic levels in the blood.  

They knew percoset was addictive.  It isn’t a huge leap to assume woulD be Oxycontin is too.

Actually, grinding up the pills for a bigger punch came about the same time it started being abused.  I think that they have recently changed the formulation where grinding it up screws up the narcotic some how.  I don’t know what exactly.

Finally, the FDA assumes that the drug would be used properly.  Let me put it this way.....should they not allow planes to be sold, because they can be flown into buildings and kill people?

[laterbloomer]

The Walk of the Penguin Mich have I missed something? I have not seen anyone suggesting taking it completely off the market. Everything I have seen has been about it being over prescribed because it was promoted as non addictive when the company knew darn well it was. It's a flaw in the system that doctors are educated about new drugs by the Pharmaceutical Reps

[The Walk of the Penguin Mich]

Sept 19, 2019 9:22:31 GMT -5 laterbloomer said:

The Walk of the Penguin Mich have I missed something? I have not seen anyone suggesting taking it completely off the market. Everything I have seen has been about it being over prescribed because it was promoted as non addictive when the company knew darn well it was. It's a flaw in the system that doctors are educated about new drugs by the Pharmaceutical Reps

I have. 

www.healthline.com/health-news/oxycontin-losing-its-luster

Some insurance companies will not pay for it.  It is not inexpensive.  If insurance companies stop paying for it and the doctors are hassled enough for prescribing it, then sales drop and the company stops making money and drug is dropped.  

Again.....the active narcotic is the EXACT SAME NARCOTIC as that found in percoset, which they know is addictive.  Wouldn’t you think doctors are smart enough to figure that if percoset is addictive, oxycontin will be too?  I certainly knew it.

[Deleted]

Sept 18, 2019 16:41:00 GMT -5 tbop77 said:

Sept 18, 2019 11:38:11 GMT -5 @x said:

Which seems to be forgotten when you're not in the world of serious pain/terminal illness. 

It's all rah, rah, we're getting back at the man ! 

We'll show those rich people making money on drugs.  


The actual losers, the people who need them and use them correctly.

Did you miss the part that they mislead doctors?  So, rah, rah, rah, who should have to pay for this mess?  The taxpayer? 

In 2007, Purdue and three executives pleaded guilty to criminal charges of misleading doctors and the public about the safety of OxyContin and paid a $635 million fineIn 2007.

wcfcourier.com/opinion/editorial/editorial-opioid-makers-shouldn-t-be-off-the-hook/article_1eeff2ce-f680-51ad-8048-4071f07a9480.html

If sales people are misleading doctors, what's that medical PHD for ? 


I've already said it here;

ymam.proboards.com/post/3040477/thread