What is Richard Sackler’s background?
THE Sackler family is one of America’s wealthiest, with a net worth of $13 billion.
They’re most known for being at the heart of the US opioid crisis, with Richard Sackler, the former CEO of Purdue Pharma, playing a key role.
Richard Sackler is a multibillionaire businessman from the United States.
He was the chairman and president of Purdue Pharma, which is best known for creating Oxycontin, a pain-relieving medicine.
Multiple lawsuits have been filed against his company due to the drug’s link to the US opioid epidemic.
Following his bachelor’s degree from Columbia College and an MD from New York University School of Medicine, Richard joined Purdue Pharma.
He worked with his father, Raymond, who was the firm president, as head of research and development and marketing.
He was in charge of the department that created Oxycontin and later promoted the myth that opioids were not extremely addictive.
Despite the fact that opiates have been known for their addictive nature for thousands of years, Richard convinced FDA officials that Oxycontin was less addictive than other medicines in order to gain FDA clearance.
He was described as “an enigmatic, slightly awkward man” by The New Yorker.
Rebecca, Marianna, and David were born to Richard and his now-ex-wife Beth.
Doctors John Purdue Gray and George Frederick Bingham created Purdue in 1892.
In 1952, Raymond, together with his brothers Mortimer and Arthur, purchased the business.
Before entering into the field of pain management in the 1990s, they sold earwax remover, laxatives, and antiseptics.
Raymond’s family has been the most active in Purdue, despite the fact that he is the youngest of his siblings.
Richard and Jonathan, his sons, were born to him and his wife Beverly.
He was a physician and a businessman who died in 2017 at the age of 97.
Arthur, the eldest of his three brothers, was also a physician.
He worked in psychiatry and published numerous publications in the discipline, but his most significant contribution to science was his research into the metabolic foundation of schizophrenia.
During the 1960s, Arthur made a small fortune selling the tranquilizers Librium and Valium.
Aside from medicine, he gathered the world’s largest Chinese art collection and founded various galleries throughout the globe.
He told his children to “leave the world a better place than when you entered it” before his death in 1987.
Since then, Jillian has defended her late husband’s name, which she thinks has been harmed by Purdue’s involvement in the opioid crisis.
“Passing judgment on Arthur’s life’s work through the lens of the opioid problem 30 years after his death is a mistake…,” she stated in 2018. Brinkwire News in a Nutshell