Short answer: Sackler family.
The Sackler family is a wealthy philanthropic family that owns Purdue Pharma, the manufacturer of OxyContin. They have faced criticism and lawsuits for their role in the opioid crisis. The family has donated to many cultural institutions, leading to controversy over accepting their donations.
How the Sackler Family Built Their Billion Dollar Empire
The Sackler Family is a name that has been making headlines in recent times for all the wrong reasons. Known primarily for their role as the owners of Purdue Pharma, this family built an empire through their company’s production and rampant sales of OxyContin, one of the most addictive prescription painkillers in history.
Purdue Pharma was founded by brothers Arthur, Mortimer and Raymond Sackler in 1952. Back then it began its journey producing products like betadine antiseptic soap and earwax remover to expand into selling prescription medications aimed at treating everything from anxiety to arthritis.
In 1996, Purdue introduced OxyContin onto the market claiming that it was safe because less than 1% of users would become addicted. The marketing strategy behind OxyContin included aggressive promotion techniques that encouraged doctors to prescribe opioids more frequently underestimating how dangerous they were while ignoring reports contradicting such estimates. Little did anyone know then what kind of monster they had created.
The opioid crisis led directly back to Purdue; however, members of the Sackler family demonstrated no remorse publicly until lawsuits became widespread against them for profiting off people getting hooked on drugs. And even still many members tout extravagant lifestyles with multi-million dollar purchases ranging from real estate properties worth tens or hundreds-of-millions dispersed around Europe compounded by countless priceless edifice artefacts enough art toys you could shake a stick at including pieces estimated above seven figures each!
Despite not being solely held responsible for drug pusher activity committed by medical practitioners once prescribed legal medicine like hooligans only enforcing profit margins all levels undersell prescriptions becoming low-wage versions cutting corners liability toward corporate culture prioritizing finance over responsibility required medication delivery rather than rejecting addicting patient conditions reaching out those misled unaware individuals stricken devoid likely improbable addicts otherwise innocuously seeking relief which certainly doesn’t cover much in terms morality either way when scratching surface here there bone.
Today, the Sacklers’ wealth is estimated to be in the billions, bolstered by their stake in Purdue Pharma. Too many individuals struggling with addiction and destroyed lives could attribute the damage caused directly back to this family.
With a growing number of lawsuits against them and mounting public pressure, it remains uncertain what will happen to the Sackler Family’s fortune next but such cases pave way for efforts reform largely unseen until now showing rest of worlds how powerful people may need attend if prevention wants prove itself worthy societal achievement.
A Step-by-Step Guide to Understanding the Controversial Sackler Family
The Sackler family has been in the news a lot recently due to their involvement in the opioid crisis, but who exactly are they and what have they done? In this step-by-step guide, we’ll explore the complicated history of the Sackler family.
Step 1: The Beginnings
The Sackler family is a wealthy Jewish-American family that made their fortune through pharmaceuticals. The patriarch of the family was Arthur Sackler, who was born in Brooklyn in 1913. He went on to become a doctor before deciding to use his medical knowledge to enter the world of advertising.
Arthur’s success in advertising eventually led him into publishing, where he built up an impressive portfolio of medical journals. His connections with drug companies grew stronger as a result, and Arthur became one of the most influential figures in healthcare marketing during his lifetime.
Step 2: Purdue Pharma
One branch of the Sackler family founded Purdue Pharma, which is now infamous for its role in promoting OxyContin as safe and non-addictive when it first hit markets back in 1996. These claims were wildly inaccurate, leading people all over America to fall prey to addiction or overdose from using OxyContin (or oxycodone) prescribed by doctors without proper oversight on just how many patients were actually developing addictions while taking these medications.
Purdue Pharma’s aggressive marketing tactics helped turn OxyContin into one of America’s biggest-selling prescription drugs until regulators stepped up their efforts around prescribing practices because opioids had become such risky drugs for abuse potential with massive dependencies attached that brought so much danger alongside them at every level possible – from individual users right up orders given out by doctors across our country even today; however, more took note after recent scrutiny finally revealed truths that these powerful narcotics could not be left out there unchallenged anymore either!
Step 3: A Closer Look at Richard Sackler
As the public began to learn about Purdue Pharma’s role in fueling the opioid crisis, many people turned their attention toward Richard Sackler. He was one of Arthur’s brothers and was heavily involved in Purdue Pharma as well as other companies backed by family money – making him a figurehead for scrutiny on everything related to there operations both past & future influence over our countrywide healthcare industry.
During a lawsuit involving Purdue Pharma several years ago, Richard Sackler made headlines when his emails were revealed which showed he had encouraged sales representatives to push higher doses of OxyContin because it would generate more profits for the company while knowing these actions willfully hurt consumers… Not only did he suggest this highly unethical treatment of human life at stake but also begged staff not speak out if concerns arose from what they witnessed taking place within their own walls based off how disreputable OxyContin’s reputation had become due explicitly towards current fears around addiction & overdose rates caused directly by drugs in large part manufactured right under their families name.
Step 4: The Aftermath
The impact of the Sacklers’ involvement with opioids can’t be understated. They’ve been accused of playing a key role in creating an epidemic that has killed millions worldwide through agreements signed without proper knowledge or consent from patients nor enough oversight as new studies should have shown across drug product testing phases before hitting shelves nationwide leads them time and again into ever-more dangerous levels atop prior statistics showcasing high addictions cases mounting up significantly already-
Because most Americans continue to experience severe negative consequences alongside disturbing social implications even as we move forward attempting resolving issues left behind after such negligence among executives like these led us along into paths leading quite literally nothing besides suffering!
In conclusion, understanding the controversial Sackler family requires digging deep into its history – including its early successes in publishing and advertising, followed by later generations’ involvements with pharmaceuticals via companies like Purdue Pharma (and others), evidence of intentionally putting profits over lives, and the harm that has resulted.
Top 5 Facts You Need to Know About the Sackler Family
As the opioid epidemic continues to ravage communities across the US, it has become increasingly important to understand those who may have contributed to this crisis. One such group is the Sackler family – owners of Purdue Pharma, the manufacturer of OxyContin.
Here are five key facts you need to know about them:
1. They made billions off OxyContin
The Sacklers’ pharmaceutical empire began with Raymond and Mortimer Sackler in the 1950s, but it was when their younger brother Arthur joined that things really took off. By launching OxyContin in 1996, Purdue Pharma propelled itself into one of America’s wealthiest companies – largely thanks to sales generated by a deceitful marketing campaign which downplayed its addictive potential.
Since then, members of the family have reportedly received over $4 billion in profits from selling opioids.
2. Legal action against them is mounting
Numerous lawsuits accuse Purdue Pharma and individual members of the Sackler family of playing a significant role in causing an addiction epidemic that has taken hundreds of thousands of American lives. In February 2018 Chicago became the first city to sue both Purdue Pharma and individual executives; since then there have been countless other claims filed across many states.
3.They seek staunch privacy concerning giving back
Despite being less secretive than they once were—thanks partly due scrutiny brought up on them recently—the Sacklers guard their privacy closely and are known for making donations anonymously through various trusts with nondescript names like “Rosebay,” “Burlington” or simply “CTA”. Whereas people would normally announce how much money they donate for tax purposes or out ostentatious promotion, here donors prefer discretion which raises critics’ concerns: why would those so wealthy not want public recognition?
4.Their philanthropy is controversial
With wealth comes responsibility—and scrutiny. Many illustrious institutions including Harvard University’s famed art museum boast wings built named after prominent Sacklers. This has stirred backlash and calls for renaming, which they’ve been partly responding to in recent years due to these controversies being stridently voiced by those afflicted by the opioid crisis.
5.They deny any wrongdoing
Despite acknowledging some “regret” over OxyContin’s impact, Purdue Pharma continues to maintain that it did not cause, or contribute significantly to, America’s opioid addiction epidemic. The family likewise denies any personal wrongdoing and point out their philanthropic efforts as evidence of their good intentions. Will this be enough? With more legal fights looming on the horizon following various reports surfacing regarding internal documents from Purdue, we might discover soon.
The Sackler family is one of the most powerful medical dynasties in American history – but with that influence comes accountability for actions you are responsible for setting in motion too. While many details remain murky even all these years later—such as whether they knew about potential risks before releasing Oxycontin—it remains clear that this story will continue unfolding negatively until real change takes place where accountability is practiced consistently beyond a token sum every now and then masked under anonymous donation schemes.