Biotech Values

[Biowatch]

JAV - Was the Oxycontin case a negative? #msg-20558909

"The company, Purdue Pharma, agreed to the penalty, one of the largest ever paid by a drug company in such a case, after an affiliate, Purdue Frederick, and three current and former executives pleaded guilty last month to criminal charges that it had misled doctors and patients when it claimed the drug was less likely to be abused than traditional narcotics."

Pain meds are still difficult to get past the FDA. Plus, I am told that doctors who've seen people with substance abuse problems are likely to under prescribe pain meds for break through pain or whatever, for fear that their patients may become addicted.