of The Wall Street Journal In April, the Department of Justice reported that it was “opening a criminal investigation into the consulting firm McKinsey in connection with its past role in advising some of the nation’s largest opioid manufacturers on how to increase sales.”
The WSJ reported, “Records show that McKinsey consultants advised the company on how to boost sales of its flagship drug, suggesting that Purdue’s sales teams increase calls to health care providers known to be writing the highest volumes of OxyContin prescriptions and reduce their response time to doctors who prescribe the least amount of opioid drugs.”
Imagine this: McKinsey allegedly tried to help Purdue customize its sales efforts to physicians. already Prescribe an oral opioid medication. There is nothing mysterious or nefarious about this. It is standard and makes economic sense; not doing so would be inefficient and wasteful. Some consultants do this kind of work almost daily. A small consulting firm, Objective Insights, Inc. (co-owned by one of the authors), has done this work several times.
This is a reference to David R. Henderson and Charles L. Hooper’s “IIs advertising to customers a crime?“American Institute for Economic Research, June 18, 2024.”
read Allnot very long.
