Purdue Pharma pleads guilty to criminal charges for opioid sales
The maker of OxyContin painkillers has reached an $8.3bn settlement
The maker of OxyContin painkillers has reached an $8.3bn settlement and agreed to plead guilty to criminal charges to resolve a probe of its role in fuelling America's opioid crisis. Purdue Pharma will admit to enabling the supply of drugs "without legitimate medical purpose". The deal with US Department of Justice resolves some of the most serious claims against the firm. But it still faces thousands of cases brought by states and families. We hear from Pete Jackson, who got involved in advocacy after losing his daughter in 2006. He thinks that only jail time for those responsible can bring any sense of justice to bereaved families.
Also in the programme, Kolkata in India is celebrating the Hindu festival of Durga Puja. Millions of people normally go to temporary temples or pandals that are set up as the city shuts down for four days, and it's an important part of the city's economy. But as the 大象传媒's Rahul Tandon reports, it's now at the centre of a court battle over striking a balance between saving the economy and saving lives.
Plus - we discuss Tesla's tremendous results as well as football finance. Premier League football club Manchester United registered a $30m loss in the pandemic. Kieran Maguire wrote The Price of Football and is a lecturer in sports finance at Liverpool University, and tells us what's behind the loss. Meanwhile, there is talk of Manchester United being one of the clubs in a proposed new European Super League. Tom Greatrex of the English Football Supporters Association is a member of the FA Council, which oversees the game in England, and gives us his reaction to the idea.
With guests Jodi Schneider in Hong Kong and Tony Nash in Houston
PHOTO: OxyContin/Reuters
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- Thu 22 Oct 2020 00:06GMT大象传媒 World Service
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Business Matters
Global business and finance news and discussion from the 大象传媒