The Sackler Family – A Secretive Billion Dollar Opioid Empire

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Before the real estate crisis flipping houses was really good business.

Before opioid epidemic selling dope was really good business.

I can't wait to see what the next big disaster will be!

πŸ‘οΈŽ︎ 42 πŸ‘€οΈŽ︎ u/[deleted] πŸ“…οΈŽ︎ Jul 27 2019 πŸ—«︎ replies

The answer is written all over their faces...it was OP! Arrest him, guys!

πŸ‘οΈŽ︎ 50 πŸ‘€οΈŽ︎ u/featheredfelon πŸ“…οΈŽ︎ Jul 27 2019 πŸ—«︎ replies

What I never understood about stories like this is why are they still alive?

πŸ‘οΈŽ︎ 6 πŸ‘€οΈŽ︎ u/panda_gravy πŸ“…οΈŽ︎ Jul 27 2019 πŸ—«︎ replies

And people wonder why cannabis is still illegal

πŸ‘οΈŽ︎ 13 πŸ‘€οΈŽ︎ u/[deleted] πŸ“…οΈŽ︎ Jul 27 2019 πŸ—«︎ replies

Rough comment section for sure. Insightful, short documentary. Thanks for the post!

πŸ‘οΈŽ︎ 3 πŸ‘€οΈŽ︎ u/FeelingReDrewvinated πŸ“…οΈŽ︎ Jul 28 2019 πŸ—«︎ replies

So many ignorant comments. First of all, addiction is not a choice. Get that through your thick skulls. Second, why did the opioid crisis take so long to happen even though oxycodone came out in the 30s? It’s because the DEA made it a scheduled 2 control substance (no refills allowed) in the 70s due to it causing 1/3 of all drug addiction in California during the 50s and 60s. Crisis averted

Now hydrocodone on the other hand, came out in the eighties and hydrocodone combination products (15 mg or less) didn’t become a schedule 2 drug until 2014. Yes, 2014 which was only 5 years ago. This means Vicodin was given out like candy AND came with refills up until 2014. This is because the drug manufacturers told prescribers that it would not cause addiction on the same levels as oxycodone, which is complete BS

I remember getting my wisdom teeth pulled at 16 and I got a bottle of 30 count Vicodin written by my dentist that came with refills back in 2001. I took one and it knocked me out and made my ears ring when I woke up. I didn’t like how it made me feel so I never took the rest and never went back for refills. I could have easily been hooked on them like many of my friends were back then if I had taken them every 4 hours on the clock like the directions that was written, and went back for the refills. I was only 16 and I was given narcotics for mild pain if that tells you anything

Again, addiction is NOT a choice!

πŸ‘οΈŽ︎ 21 πŸ‘€οΈŽ︎ u/dangitgrotto πŸ“…οΈŽ︎ Jul 27 2019 πŸ—«︎ replies

Coldfusion is a great you tube channel!

πŸ‘οΈŽ︎ 2 πŸ‘€οΈŽ︎ u/Tyler-Danger πŸ“…οΈŽ︎ Jul 28 2019 πŸ—«︎ replies

Cancer FTW I still get the good stuff

πŸ‘οΈŽ︎ 3 πŸ‘€οΈŽ︎ u/RyoukoSama πŸ“…οΈŽ︎ Jul 27 2019 πŸ—«︎ replies

work bump

πŸ‘οΈŽ︎ 1 πŸ‘€οΈŽ︎ u/rhodehead πŸ“…οΈŽ︎ Jul 27 2019 πŸ—«︎ replies
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we are in the middle of an epidemic an epidemic in fact it's called the worst public health epidemic in our history as eight members of the Sackler family caused much of the opioid epidemic and the case is shining a spotlight on the powerful family behind the drug maker they were all hell-bent on becoming super rich imagine a medical industry that's supposed to keep a nation healthy but becomes so completely corrupt that it causes an epidemic this has become a reality in the United States where opioids of course just under 50,000 deaths per year according to recent figures and that's just the tip of the iceberg countless other lives have been destroyed through addiction in the United States drug overdoses of a leading cause of death and people under 50 that's a lot to take in but imagine if most of this tragedy was caused by one secretive family working behind the scenes once again this is a reality that families name is Sackler the Sackler family is not only partly responsible for the epidemic but has also made a multibillion-dollar Empire from it you may not know about them but you've surely heard of oxycontin before welcome to the story of how billionaires and doctors became the drug dealers that caused an epidemic you are watching ColdFusion TV the opioid epidemic in the United States was caused by a variety of factors but one of the main ones is the involvement of the Sackler family and their infamous opioid painkiller oxycontin in 2017 when over 100 people per day were dying President Trump declared the opioid crisis and national emergency he is the problem patients are often given strong painkillers when in hospital for surgery or chronic pain while the drugs are life enabling for many patients to avoid excruciating pain from injury or otherwise many fall into addiction cycles from withdrawals some people graduate from prescription pharmaceuticals onto cheaper and more potent alternatives like heroin or fentanyl the cases and causes come from far and wide but research indicates that there is a strong correlation between regions of high opioid prescription rates and high overdose rates and if you look at it four of five injectable drug users started getting opioids whether it be oxycontin prescription or non-prescription pill taking so there is a direct correlation between the two annually more than 214 million prescriptions for opioid pain have been given out with more than 11 million people abusing their medication but how did this problem get so catastrophic enter the sackless the cycle has pushed oxycontin to everyday people who had little use for the drug they corrupted the entire supply chain employing armies of sales reps paying off doctors lobbying for favorable regulation and making billions while masses fell into devastating addiction but in care much for the addictive properties of their drugs they were more concerned with their bottom line the name is everywhere yet not many people know about them the Sackler family have invested a substantial portion of their 14 billion dollar net worth into many museums art galleries and universities the world-famous Louvre museum in Paris has a Sackler wing Kate Middleton was stunned when she opened the Sackler courtyard in the Victoria and Albert Museum which consists of 11,000 handmade porcelain tiles London's famous Gothic church Westminster Abbey even has a window and named after the sackless while the family is happy to put their name on any prestigious institution that will receive their money it's a name that is far removed from their golden product oxycontin the reason why will soon be very obvious so to understand the cycle isn't for we must first look at the Sackler story the story of the Sackler starts in 1952 when three psychiatrist brothers Arthur Mortimer and Raymond purchased a small pharmaceutical company called Purdue together they co-authored over a hundred research papers on the biochemistry of mental illness Arthur Sackler doubled as an advertising pioneer in pharmaceuticals perhaps by using his research papers as leverage it was the first to convince the Journal of the American Medical Association to run an ad brochure in color Arthur went on to make valium the first drug to pass 100 million sales he did this by marketing it as a drug to cover all kinds of ailments with a made-up term he called psychic tension previously that kind of drug was strictly only for anxiety so with the introduction of the invented idea of psychic tension it could be prescribed to a much wider market almost anyone could fit the symptoms not just anxiety sufferers by this stage are classic LA was inducted into the medical advertising Hall of Fame during the 1980s a recent movement in medicine was taking place it was called hospice the hospice sector takes care of the terminally ill and end-of-life patients around this time the cyclist company Perdue would release a morphine based pill called MS Contin that could help cancer patients sleep in the hospice market addiction wasn't an issue because the patients would soon pass Perdue would take this concept one step further they would release MS Contin general use unfortunately MS Contin would be the precursor to the drug that would help create an epidemic in the United States MS Contin became the benchmark for pain relief among cancer patients during the 1980s several papers and articles claimed that the link between opioids and addiction was minimal and previously overstated a letter published to the New England Journal of Medicine stated that the risk of addiction was less than 1% even though this letter was later attracted by the author it didn't stop over 600 citations at the letter in medical journals the misinformation had already spread and it was difficult to stop advertising genius and co-founder of Purdy Arthur Sackler had a nephew named Richard Richard would later become the president of Purdue but got his start as a research scientist in the company Richard would constantly be brainstorming ideas trying to find new uses for MS Contin much like his uncle Arthur he was heavily interested in the commercial and marketing side of the business Purdue's former executive director of product management recalled that Richard didn't always work for the research results Richard Sackler would like to become the president of the company in 1999 and co-chair in 2003 his uncle and father became the co-ceos of Purdue within Purdue Richard was an avid micro manager he would send out bulletins which halfway through it read if you're reading this call my secretary and he would leave secret passwords in the texts based on which sales reps called the secretary and delivered the password Richard would know exactly who was reading the bulletins and who wasn't during the 1990s the company realized that they needed to do something about MS Contin the patent was set to expire by the end of the decade in addition the use of morphine as an end-of-life medication stigmatized the drug from being more widely available the company moved to make a new drug called oxycontin with the active ingredient oxycodone replacing the morphine many doctors falsely believe that oxycodone was weaker than morphine the truth was the active ingredient in oxycontin oxycodone was in fact 50% stronger than morphine later in an unpublished study by Purdue in 1999 the company found that the addiction rate was 13% not 1% the FDA even approved a claim the oxycontin's delayed absorption would reduce the probability of abuse the FDA examiner he was involved in the approval of this claim left the FDA shortly and within two years had accepted a role at Purdue sadly this move hints at corruption in 2015 Purdue was granted FDA approval to market the drug to children as young as 11 almost immediately after oxycontin was released the cases of addiction became apparent but rather than admit that drug was addictive the company simply blame people for not taking the drug as directed even Purdy themselves had to fire one of their secretaries after she became addicted to oxycontin so the question has to be asked why was the use and abuse of oxycontin so widely spread well it wasn't by accident the company knew exactly what they were doing Purdue strategy for marketing their new drug oxycontin began in 1995 first the company focused the drug on the same marketers MS Contin cancer patients the move was made to win wide regulatory acceptance and the integration of the drug into medical programs the company began their targeted advertisements on health professionals during this stage sales representatives were encouraged to lie about the addictive nature of the drug that our best strongest pain medicines are the opioids but these are the same drugs that have a reputation for causing addiction and other terrible things now in fact the rate of addiction amongst pain patients who are treated by doctors is much less than 1% they don't wear out they go on working they do not have serious medical side effects and so these drugs which I repeat are our best strongest pain medications should be used much more than they are for patients in pain then things got really dirty Purdy then began paying off all the links in the supply chain distributors were guaranteed rebates pharmacists were given refunds and patients were given coupons for starter suppliers academia also got their share in grants medical journals were even making money from advertising the drug politicians were given campaign donations from both Purdue and the Sackler family but the most important link in the whole chain was the doctors after all they were the ones who use their discretion on what describe patience Purdue had speaking events where doctors would be flown in to so-called seminars which were essentially golfing trips thousands of clinicians were paid to speak at conferences on the company's behalf prominent doctors on the Purdue payroll played down the effects of opioids calling them a gift from nature and stated that the notion that opioids caused addiction was a medical myth during a nine-year stretch from 2006 to 2015 Purdue and other drug manufacturers in the industry have spent almost 900 million dollars in political payments and lobbying perdy lobbied and encourage regulations that require doctors to ask patients to rate their pain on a scale of one to ten this gave them a more quantifiable and tangible reason to prescribe opioids the company was trying to make oxycontin a viable treatment for non cancer patients an excerpt from a squire who did a piece in the sackless reads the company rebranded pain relief as a sacred Rite a universal narcotic entitlement available not only to the terminally ill but to every American by 2001 and your oxycontin sales had surged past one billion dollars business was booming in the five-year period between 1996 and 2001 in the United States oxycontin grew from 300,000 prescriptions to almost 6 million opioid abuse cases began rising to the surface and studies which showed direct correlations between the location of the cases and the volume of opioid prescriptions in that area Purdue even targeted poor areas with high labor work the higher instances of workplace injury led to higher uses of oxycontin the company also recorded information about prescription quantities that individual doctors were writing sadly this was so that the sales reps would have a better idea of which doctors to target like casinos targeting clients that would spend the most perdy was targeting doctors that would prescribe the most people trust their doctor and they think that the doctor is prescribing things appropriately and monitoring them appropriately and they think that if the bottle says take it in such and such a way that is perfectly okay to do that it is now possible to find regions in the country where the amount of prescriptions is more than the actual population of the region doctors would be arrested in the hundreds for running clinics which prescribe pills to patients without a legitimate reason these were often called pill mills the purdue company not only knew what they were doing but they were happy about it the company's memos between sales reps read dollars dollars dollars it's Bonus Time in the neighborhood some of the better sales reps were earning six-figure commissions with the company paying out 40 million dollars in bonuses in 2001 but for the Sackler family and Purdy things weren't going to stay so rosy by this stage there was mounting criticism of oxycontin but Purdue still managed to make things even worse the effects of oxycontin was supposed to last 12 hours enough for a good night's rest however often the effects are only present for eight hours now / you could have done one of two things increase the frequency of the dose or increase the dosage and increase the potential for addiction they did the latter sales reps was strictly instructed to inform doctors to increase the dosage amounts instead of the frequency this created the perfect cycle for addiction the increased dosage would make the patient feel the effects of withdrawal for a short period and then they would have to take another pill to put them at ease again this led patients down the slope of being prescribed more than they needed as their tolerance is cru they fell deeper into addiction every night on the news you'd hear someone dying in the state or in other states because of oxy cotton and it was so addictive and they knew that pharmaceuticals knew that to bring the same I have to show you the real impact of opioid withdrawal from the inside with this you can gain an empathetic view and understand why so many people don't make it out family time is something Travis reader does not take for granted the Johns Hopkins University bioethics professor soaks up every moment he can that's because two years ago prescription opioids stole a chapter of his life 2015 a serious motorcycle accident left Travis with a crushed foot he would have six surgeries to fix it including a transplant from his thigh requiring large amounts of pain medication it was had a follow-up doctor's appointment with the initial trauma surgeon the guy who saved the foot and he's the one who asked me about my pain level and my drugs and he's like oh you're on a lot of opioids you probably need to think like it Travis says his doctor suggested he begin weaning off of the drugs over four weeks he says three days in he was going through serious withdrawal I felt like I got the flu my temperature kind of went haywire I couldn't sleep very well she watched him get worse every day uncontrollable crying you know they often he would just burst into tears like you know he couldn't sleep Travis reached out to more than a dozen of his doctors some told him to take stool softeners and drink lots of water but no one could tell him how to get out of the withdrawal hell he was in hey I'm really in trouble here I'm feeling really bad it's that bad go back on the drugs Travis says he is not anti opioids and believes they do have a place but doctors need to prescribe them with a plan the failure wasn't not following up never telling me what to look forward to in my experience okay withdrawal was the worst feeling I've ever had hands down I have vivid memories of being sick in my bed sweating with the covers on and freezing with the covers off I was constantly sick I vomited almost every single morning it's something that I would never want to go back to you can die straight up your heart can explode for not having it you can die because when you don't have it your blood pressure goes up that is why a lot of people's heart feels like it's pound our chest when they have to withdrawal symptoms and if I didn't have them the hair on my head hurt not only that withdrawal symptoms you're going to be having growing up you're gonna be vomiting you're gonna have cold chills you're gonna have hot flashes you're gonna not be able to sleep because you're gonna have restless legs your legs are gonna be moving all over the place this is your legs this is what they're gonna be doing because you can't stand to be in your own skin and that is exactly what it feels like the withdrawal exactly you're also gonna have probably anxiety attacks maybe even pain attacks your face is flushing you might get scared you know so you start hyperventilating and things like that there was no counseling along the way I was never told that dependence was gonna be a problem right and then at the end no one knew how or was able or willing to appropriately wean me off so why wasn't anyone doing anything about this well soon people did as time went on perdy would go on to face many class-action lawsuits in regard to their practices with the drug often the company settle awarding plaintiffs millions in 2004 Purdue was sued for deceptive marketing as the drugs were meant to last 12 hours but lasted much less the company settled the suit for ten million dollars sealing the case under confidentiality and admitting no wrongdoing or changing any practices Purdue always avoided any cyclist testifying under oath they always reached a settlement just as they were going to be called upon in 2007 the company faced a suit from the federal government in which Purdue was charged for a criminal felony of purposefully pushing misconceptions about oxycontin Purdue acknowledged that they knew about the misconceptions doctors had about their drug and actively exploited it for profit this settlement cost Purdue 600 million dollars even though a lot of the Sackler family were on the board and Richard Sackler had a direct hand in operations the CERCLA family name appeared nowhere in the 89 page guilty plea however the cyclin name did appear on an agreement attached to the plea which would mean that the government wouldn't go after any of the listed entities related to the Sackler family the company's eagerness to settle was in order to avoid anything going on the public record especially anything from the circles themselves the family's only testimony on the topic came in 2015 from Richard sealed from public view for four years and only released in 2009 the testimony showed that Richard Sackler knew about the dangers of oxycontin in 2001 after it was reported that 59 people died from oxycontin overdoses his email to executives read that is not too bad it could have been far worse by 2010 perdy had realized that they need to address the issue facing them so they created a new formula for their pill which is harder to snort or inject after the reformulations a study was conducted that found 1/3 of users switched to other drugs and of those a further 70% began using heroin it appears that this reformulation simply increased the rate that people turn to cheaper and harder opioids this was shown by the significant increase in cases post 2010 your money gets tiny you're just like well what can I get something close to this but cheaper companies do play a big role Purdy's actions went two step further as the oxycontin pattern was nearing its end Purdue with an apparent sudden change of heart stunningly lobbied that the drug was prone to abuse and then no other companies should be allowed to remake it in 2013 the FDA agreed no generic copies of oxycontin were to be made but Purdue's version of oxycontin remained on the market this simply meant that no other competitors could make their own versions of the drug so what looked like a rare noble act from Purdue was simply a cunning act to move to secure a few more years of competition free selling of their billion-dollar baby oxycontin with his trail of destruction ruining large sections of the American population Purdue appears to be moving to other markets markets with fewer regulations would be a simple way for the cyclists to keep milking their cash cow in 2016 and LA Times investigation into Purdy's child company Monday farmer suggested that is gearing up to take on international markets with their drug in response US lawmakers wrote a letter to the World Health Organization warning the intents of the company owned by the Sackler family in 2018 the SEC has obtained a patent for a drug which is used to treat opioid addiction ironically they might make even more money from the crisis they helped create in March 2019 Purdue settled yet another lawsuit this time the company agreed to pay 270 million dollars to the state of Oklahoma for its part in the opioid epidemic the Sackler family was not called by name as the defendant however perhaps an order to not be called to testify the Sackler family has voluntarily pledged 75 million dollars to the National Centre for Addiction Studies at Oklahoma State University the company is currently said to be considering bankruptcy in the midst of thousands of lawsuits in order to protect the assets in total a separate collection of about 1600 lawsuits are being carried out from various levels of government the circular name was kept far away from their products and oxycontin wasn't called oxy Sackler on purpose but now the world is waking up we're here to call out the Sackler family who've become synonymous with the opioid crisis the family who made billions off the bodies of hundreds of thousands protestors have began assembling and organizing against the cyclists in February 2019 the Guggenheim Museum in New York a common recipient of suckler money was taken over by protesters prescription papers fell from the balconies symbolically as carelessly as doctors on the cyclope roll once wrote them the chant shame on Sackler occurred throughout the streets of New York as angry groups gathered it now seems that the cyclists favorite domain the art and museum world has now been overtaken by people who have had enough in 2019 one by one art galleries around the world began to reject their work the National Portrait Gallery in the UK announced that it would be rejecting a 1.3 million donation from the Sackler trust London State Museum in New York's Guggenheim Museum both announced that any further donations from the sackless will not be accepted as far as outrage against the sackless goes the deeper story is more nuanced most of the Sackler descendants are involved in philanthropic work organizing various charities and well-meaning causes some have never owned any shares and Purdue but Barre the Sackler name should the descendants some of whom have no interaction with Purdue apart from collecting their checks which some estimates put as high as 1 billion dollars per year be held accountable the publication The New Yorker puts forward a good argument that the money received from ill games should go to measures to counter the impact that they had for example john d rockefeller founded Standard Oil which was later broken up into massive oil companies such as Chevron ExxonMobil and BP the descendants of Rockefeller have used some of their fortune to fund resources involved in climate change and ordered the companies harms due to their enormous moral responsibility should the cyclists do the same the last of the three original Sackler brothers who started the company back in the 1950s died in 2017 however Richard who ran the Purdy company and other Sackler members who have served on the board are still alive and being sued all of these settlements seem like pennies on the dollar for a company which reportedly earned thirty five billion dollars in revenue from oxycontin and further fueled an epidemic which has killed over 200,000 people since 1997 one senator even described the settlements as an expensive license for criminal misconduct sure the cyclers are not solely responsible for the opioid epidemic a range of other drugs were available both pharmaceutical and on the street and there were other factors too but their large role in the entire crisis is undeniable perhaps there's a silver lining though the US government has taken the first steps to addressing the issue on a national level emergency response tools such as narcan nasal spray have saved countless lives in emergency overdose situations drugs such as buprenorphine and methadone combined with psychological help are often used to treat patients addicted to opioids meanwhile researchers in Canada are finding a 30 percent of medicinal cannabis patients use the drug as a substitute for their previous opioid addictions 2014 study found the deaths from opioids were 25 percent lower in states that had legalized cannabis in total it's a complicated issue and it's going to be a long road but understanding addiction and creating medical reforms that make it harder for companies to lie about their drugs will be key in the future change credit and a bit of thankfulness must be given to the countless people who are trying to help those affected by this horrible crisis hospital staff charity workers local police fire departments social workers in their own way they all help save lives every day but it is evident now more than ever the effect that the Sackler family has had on the world depending on how long the opioid crisis continues we still may not know the full and true extent of the cyclers efforts ironically after Sackler once told his children leave the world a better place than it was when you came in if you've ever seen a bigger case of hypocrisy please let me know the cyclists that were involved in creating an opioid epidemic cared more about their profits than they did about their patients the very people they were meant to help it may be too late to bring those responsible to justice or completely heal from the impact that their actions had on the world but it's not too late to stop this kind of thing from happening again in the future for the last thirty years the cycle has had a secret but not anymore and now you all know it too so that wraps up our look at the Sackler family and their role in the opioid crisis if you do know anyone going through this I'm sorry and I hope things get better for them so just a bit of housekeeping quickly if this video does well like the thoroughness video I did before and you guys kind of like this longer form content then I think I'll do one of these long form documentaries maybe once a month we'll see how we go so again thanks for watching this has been - go go you've been watching cold fusion feel free to share this video to anyone who's interested in this topic and wondering how this opioid epidemic actually really started and I'll catch you again soon for the next video cheers guys have a good one [Music] you you
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Channel: ColdFusion
Views: 2,062,216
Rating: 4.9133716 out of 5
Keywords: Coldfusion, TV, Dagogo, Altraide, Technology, Apple, Google, Samsung, Facebook, Tesla
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Length: 27min 38sec (1658 seconds)
Published: Sat Jul 27 2019
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