This accusation against a Pharm company, for selling Phentasomething an opioid painkiller, a totally legal and FDA approved medicine, is something new. The company, Insys Therapeutics, agreed to pay 225 million dollars as forfeiture and other kinds of extraordinary tax. In other legal actions, TEVA agreed to pay eighty million dollars and the "toxic" Sacklers are begging for bankruptcy. The Sackler brothers are one of the most generous philanthropists, but giving out money for museums and medical schools did no good to them.
The future of pharm companies, and of large corporations in general, seems difficult. TEVA is being sued for manufacturing cheap and good medicines and for "fueling sales" in many States. That in addition to the very difficult problem of mountainous debts. Maybe the low valuation of the company is justified. I did not sell TEVA shares, it was a mistake.
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