OxyContin maker, execs plead guilty-fined 634 MILLION.

[tjwash]

Full Story Here...

By SUE LINDSEY, Associated Press Writer Thu May 10, 5:38 PM ET

ROANOKE, Va. - The maker of the powerful painkiller OxyContin and three of its current and former executives pleaded guilty Thursday to misleading the public about the drug's risk of addiction, a federal prosecutor and the company said.

Purdue Pharma L.P., its president, top lawyer and former chief medical officer will pay $634.5 million in fines for claiming the drug was less addictive and less subject to abuse than other pain medications, U.S. Attorney John Brownlee said.

The plea agreement settled a national case and came two days after the Stamford, Conn.-based company agreed to pay $19.5 million to 26 states and the District of Columbia to settle complaints that it encouraged physicians to overprescribe OxyContin.

"With its OxyContin, Purdue unleashed a highly abusable, addictive, and potentially dangerous drug on an unsuspecting and unknowing public," Brownlee said. "For these misrepresentations and crimes, Purdue and its executives have been brought to justice."

Oh, and here's an added bonus to the story...Rudolph Giuliani and his consulting company, Giuliani Partners, have served as key advisors for the last five years to the pharmaceutical company that pled guilty today to charges it misled doctors and patients about the addiction risks of the powerful narcotic painkiller OxyContin.

Federal officials say the company, Purdue Frederick, helped to trigger a nationwide epidemic of addiction to the time-release painkiller by failing to give early warnings that it could be abused.

Prosecutors say "in the process scores died."

Drug Enforcement Administration officials tell the Blotter on ABCNews.com Giuliani personally met with the head of the DEA when the DEA's drug diversion office began a criminal investigation into the company.

According to the book "Painkiller," by New York Times reporter Barry Meier, both Giuliani and his then-partner Bernard Kerik "were in direct contact with Asa Hutchinson, the administrator of DEA."

[LeftHander]

1. I guess that means Rush is off the hook then....

[tjwash]

2. Rudy G. isn't...

[Annces]

3. I think people should be in jail

Fining them is not enough.