Justice Department is investigating McKinsey consulting firm's role in opioid epidemic [CNN]
Johnson & Johnson (JNJ)
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Source: CNN
drug companies on how to boost sales of opioids, according to sources familiar with the matter. Prosecutors from Virginia and Massachusetts are leading the criminal investigation, the sources said, and are coordinating with the Justice Department's civil division in Washington, DC. The probe is focused on advice that McKinsey gave to pharmaceutical companies about selling the highly addictive prescription drugs, sources said. Ad Feedback CNN has reached out to McKinsey for comment. Critics have said that McKinsey's work to help opioid manufacturers like Purdue Pharma, Johnson & Johnson and Endo, supercharge their distribution across the country. McKinsey has already paid hundreds of millions of dollars in settlements nationally for its alleged role in the crisis. The Wall Street Journal was first to report the criminal inquiry. Ad Feedback Abuse of prescription opioid painkillers has become an epidemic in the United States that has been blamed for tens of thousands of
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JNJ
Earnings
- 4/16/24 - Beat
JNJ
Sec Filings
- 5/3/24 - Form 4
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- JNJ's page on the SEC website