Perspective On The Opioid Crisis
Opioids are therapeutically effective at controlling pain. Unfortunately, they can equally trigger addictive behaviors when clinically misused. In the news, several mid-large cap biopharmas, privately held and publicly listed, are currently involved in "opioid litigation" with several US states in response to opioid epidemic. In Oklahoma:
State AG Mike Hunter alleges that J&J, Purdue Pharma LP and Teva Pharmaceutical Industries employed deceptive marketing campaigns that downplayed the risks of opioid painkillers while overstating their benefits. He further declares that J&J's actions created an oversupply of the addictive medications creating