• Home
  • Insight
  • Blog
  • Business
  • Entertainment
  • Health
  • Politics
  • Shop
    • Gift Shop
    • Value Shop
    • Store
    • Bargain Shop
    • Discount
  • Sports
  • Tech
  • Travel
  • USA
  • Video
  • World
    • Asia
    • Africa
    • South America
    • North America
    • Europe
    • Oceania
Tuesday, March 17, 2026
No Result
View All Result
Subscribe Now
  • Home
  • Insight
  • Blog
  • Business
  • Entertainment
  • Health
  • Politics
  • Shop
    • Gift Shop
    • Value Shop
    • Store
    • Bargain Shop
    • Discount
  • Sports
  • Tech
  • Travel
  • USA
    Jordin Sparks reveals whether ‘American Idol’ stiffed her after Kelly Clarkson confession

    Jordin Sparks reveals whether ‘American Idol’ stiffed her after Kelly Clarkson confession

    L.A. sheriff’s deputy made K a month on crypto mogul’s payroll. Now he’ll do five years in prison

    L.A. sheriff’s deputy made $20K a month on crypto mogul’s payroll. Now he’ll do five years in prison

    5th member of Iranian women’s soccer team gives up asylum in Australia : NPR

    5th member of Iranian women’s soccer team gives up asylum in Australia : NPR

    Poll: Trump era tilts US allies toward Beijing

    Poll: Trump era tilts US allies toward Beijing

    Headless victim in 1976 New York cold case identified through DNA: police

    Headless victim in 1976 New York cold case identified through DNA: police

    What’s Good? – The New York Times

    What’s Good? – The New York Times

    Israel’s Deadly Blockade Traps 7 U.S. Doctors in Gaza

    Israel’s Deadly Blockade Traps 7 U.S. Doctors in Gaza

    Carney announces billions for defense and infrastructure in Canada’s North

    Carney announces billions for defense and infrastructure in Canada’s North

    Right-wing media’s Mamdani outrage fuels GOP anti-Muslim rhetoric

    Right-wing media’s Mamdani outrage fuels GOP anti-Muslim rhetoric

  • Video
  • World
    • Asia
    • Africa
    • South America
    • North America
    • Europe
    • Oceania
The Insight Post
  • Home
  • Insight
  • Blog
  • Business
  • Entertainment
  • Health
  • Politics
  • Shop
    • Gift Shop
    • Value Shop
    • Store
    • Bargain Shop
    • Discount
  • Sports
  • Tech
  • Travel
  • USA
    Jordin Sparks reveals whether ‘American Idol’ stiffed her after Kelly Clarkson confession

    Jordin Sparks reveals whether ‘American Idol’ stiffed her after Kelly Clarkson confession

    L.A. sheriff’s deputy made K a month on crypto mogul’s payroll. Now he’ll do five years in prison

    L.A. sheriff’s deputy made $20K a month on crypto mogul’s payroll. Now he’ll do five years in prison

    5th member of Iranian women’s soccer team gives up asylum in Australia : NPR

    5th member of Iranian women’s soccer team gives up asylum in Australia : NPR

    Poll: Trump era tilts US allies toward Beijing

    Poll: Trump era tilts US allies toward Beijing

    Headless victim in 1976 New York cold case identified through DNA: police

    Headless victim in 1976 New York cold case identified through DNA: police

    What’s Good? – The New York Times

    What’s Good? – The New York Times

    Israel’s Deadly Blockade Traps 7 U.S. Doctors in Gaza

    Israel’s Deadly Blockade Traps 7 U.S. Doctors in Gaza

    Carney announces billions for defense and infrastructure in Canada’s North

    Carney announces billions for defense and infrastructure in Canada’s North

    Right-wing media’s Mamdani outrage fuels GOP anti-Muslim rhetoric

    Right-wing media’s Mamdani outrage fuels GOP anti-Muslim rhetoric

  • Video
  • World
    • Asia
    • Africa
    • South America
    • North America
    • Europe
    • Oceania
No Result
View All Result
No Result
View All Result
Home Health

McKinsey Guided Companies at the Center of the Opioid Crisis

by Theinsightpost
June 30, 2022
in Health
0 0
0
McKinsey Guided Companies at the Center of the Opioid Crisis


In 2017, less than two years later, the F.D.A. took the rare step of demanding that Endo pull Opana from the market, citing the grave public health consequences of its abuse. The company complied.

Over the five years from the appearance of the blood-disease cluster in Tennessee to the drug’s withdrawal from the market, the painkiller had brought in more than $844 million in revenue, according to corporate filings.

In Indiana, law enforcement officials broke up a drug-trafficking ring in 2016. One man admitted obtaining Opana in Detroit and selling it in bulk to a dealer. He was sentenced to six years in prison.

“Health care, the schools, the welfare department, the whole thing is crumbling because of drugs, drugs that you helped make available,” said the judge in the case, scolding him.

“You’re not responsible for all of that, of course, but you did your part.”

‘Opioid Crisis Is Horrible’

In June 2017, Tom Latkovic rose to speak at a health care conference in Chicago sponsored by his employer, McKinsey.

“I start today by asking, ‘Why do we continue to prescribe, dispense, pay for opioid prescriptions to people that we know, or at least we could know, have an incredibly high propensity to abuse them?’”

Mr. Latkovic, a senior partner, was not a member of McKinsey’s pharmaceutical practice. Instead, his team focused on using data analysis tools to address complex health care problems, and it had increasingly homed in on the opioid epidemic.

Tom Latkovic, a senior partner at McKinsey, tried to use the firm’s expertise to fight the opioid epidemic.Credit…CSPAN

In the hopes of broadening this work, Mr. Latkovic told the audience, “We are launching a new center focused on opioids and insights.”

The client list for the new venture came to include state governments, insurers and health systems. One of McKinsey’s more ambitious efforts was in Philadelphia, a city that had one of the highest death rates in the country from opioid overdoses.

In 2019, consultants spent almost two months working with the city government, according to two people who were local officials at the time. Both praised McKinsey’s work, which came at no cost to the city but was later shelved after Covid-19.

Yet as Mr. Latkovic’s team tried to combat the opioid epidemic, the firm did not stop serving the company often blamed for sparking it, Purdue. And on at least two occasions, the documents show, drafts of publications prepared by Mr. Latkovic’s team were given to consultants for pharmaceutical clients to review. The purpose, a manager in the pharmaceutical practice wrote, was to assess “whether this could create any waves on social media or from journalists that could be harmful to our Pharma clients.”

As negative news coverage and lawsuits against Purdue mounted, some of the consultants fretted internally that scrutiny might extend to McKinsey.

In 2019, around the time of the Philadelphia project, McKinsey decided to stop advising companies on opioids — after the firm’s 15-year relationship with Purdue became public as part of a court filing by the Massachusetts attorney general’s office. Since Mr. Latkovic’s 2017 speech, McKinsey had collected $7.8 million in fees from Purdue, the documents show.

The disclosure that McKinsey had advised Purdue led to debate within the firm. “We may not have done anything wrong, but did we ask ourselves what the negative consequences of the work we were doing was, and how it could be minimized?” one consultant wrote.

Dr. Ghatak, a driving force behind McKinsey’s work for Purdue and Endo, found himself in the spotlight. Much as he had done for pharmaceutical executives, he crafted talking points, this time for himself.

Dr. Arnab Ghatak helped lead McKinsey’s work with Purdue Pharma, the maker of OxyContin.

“Opioid crisis is horrible,” he wrote. “Acknowledge that up front.” But by advising clients to develop products that would be more difficult to abuse, “we were directly working on a solution to a public health crisis, not a silver bullet but definitely a solution.”

In 2020, documents released as part of a Purdue legal case indicated that Dr. Ghatak and another consultant, Martin Elling, had discussed destroying records. McKinsey soon fired them.

The firm settled with the state attorneys general in early 2021, and the documents it turned over are housed in an archive managed by the University of California, San Francisco, and Johns Hopkins University.

Some of McKinsey’s former clients faced potentially crushing damages in court. Purdue filed for bankruptcy protection in 2019, and Mallinckrodt did the same the following year. Johnson & Johnson had previously sold its narcotics business to a private investment firm and has settled a number of lawsuits related to its marketing of opioids, which the company said in a statement was “appropriate and responsible.”

Endo has also floated the possibility of bankruptcy amid a wave of litigation over its marketing of opioids, especially Opana. The company said in a regulatory filing that it had received a subpoena in 2020 from the U.S. attorney’s office for the Western District of Virginia, which years earlier had won guilty pleas from Purdue executives. This time, according to Endo’s disclosure, the office wanted information on McKinsey.

Top illustration by Mark Weaver.



Source link

ShareTweetSend
Previous Post

Amazon limits purchases of Plan B after high demand following Roe v. Wade Supreme Court decisionj

Next Post

Major health system stops, then resumes offering Plan B in Missouri : Shots

Related News

The Peptide Boom Is Getting Out of Hand
Health

The Peptide Boom Is Getting Out of Hand

March 16, 2026
GLP-1 Weight-Loss Drugs Could Address a Range of Addictions
Health

GLP-1 Weight-Loss Drugs Could Address a Range of Addictions

March 16, 2026
Inside the battle for the future of addiction medicine : Shots
Health

Inside the battle for the future of addiction medicine : Shots

March 15, 2026
A New Lifeline Helps Inmates Transition to Life Outside the Bars
Health

A New Lifeline Helps Inmates Transition to Life Outside the Bars

March 14, 2026
Next Post
Major health system stops, then resumes offering Plan B in Missouri : Shots

Major health system stops, then resumes offering Plan B in Missouri : Shots

Discussion about this post

Subscribe To Our Newsletters

    Customer Support


    1251 Wilcrest Drive
    Houston, Texas
    77042 USA
    Call-832.795.1420
    e-mail – news@theinsightpost.com

    Subscribe To Our Newsletters

      Categories

      • Africa
      • Africa-East
      • African Sports
      • American Sports
      • Arts
      • Asia
      • Australia
      • Business
      • Business Asia
      • Business- Africa
      • Canada
      • Defense
      • Education
      • Egypt
      • Energy
      • Entertainment
      • Europe
      • European Soccer
      • Finance
      • Germany
      • Ghana
      • Health
      • Insight
      • International
      • Investing
      • Japan
      • Latest Headlines
      • Life & Living
      • Markets
      • Mobile
      • Movies
      • New Zealand
      • Nigeria
      • Politics
      • Scholarships
      • Science
      • South Africa
      • South America
      • Sports
      • Tech
      • Travel
      • Travel-Africa
      • UK
      • USA
      • Weather
      • World
      No Result
      View All Result

      Recent News

      Turkmenistan, CICA discuss regional cooperation and development initiatives

      Turkmenistan, CICA discuss regional cooperation and development initiatives

      March 17, 2026
      How Many Blank Passport Pages You Need for Every Country

      How Many Blank Passport Pages You Need for Every Country

      March 17, 2026
      Jordin Sparks reveals whether ‘American Idol’ stiffed her after Kelly Clarkson confession

      Jordin Sparks reveals whether ‘American Idol’ stiffed her after Kelly Clarkson confession

      March 17, 2026
      Asian Express Newspaper – ‘I may be the first, but I won’t be the last’: the Bradford daughter breaking barriers at the Bar

      Asian Express Newspaper – ‘I may be the first, but I won’t be the last’: the Bradford daughter breaking barriers at the Bar

      March 17, 2026
      • Home
      • Advertise With Us
      • About Us
      • Corporate
      • Consumer Rewards
      • Forum
      • Privacy Policy
      • Social Trends

      Theinsightpost ©2026 | All Rights Reserved. Theinsightpost is an Elnegy LLC company, registered in Texas, USA

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In

      Add New Playlist

      We are using cookies to give you the best experience on our website.

      You can find out more about which cookies we are using or switch them off in .

      No Result
      View All Result
      • Home
      • Insight
      • Blog
      • Business
      • Entertainment
      • Health
      • Politics
      • Shop
        • Gift Shop
        • Value Shop
        • Store
        • Bargain Shop
        • Discount
      • Sports
      • Tech
      • Travel
      • USA
      • Video
      • World
        • Asia
        • Africa
        • South America
        • North America
        • Europe
        • Oceania

      Theinsightpost ©2026 | All Rights Reserved. Theinsightpost is an Elnegy LLC company, registered in Texas, USA

      The Insight Post
      Powered by  GDPR Cookie Compliance
      Privacy Overview

      This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

      Strictly Necessary Cookies

      Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

      Cookie Policy

      More information about our Cookie Policy