THE Wall Street Journal reported in April that the Justice Department would conduct a “criminal investigation into consulting firm McKinsey related to its past role advising some of the nation’s largest opioid manufacturers on how to increase their sales.”
According to the WSJ report, “McKinsey consultants advised the company (Purdue) on how to increase sales of its blockbuster drug, including suggesting that Purdue’s sales team make more calls to health care providers whose she knew they wrote large volumes of OxyContin prescriptions and spent less time on them. doctors who prescribed the fewest opioid medications, according to records. Oxy
Imagine that. McKinsey reportedly tried to help Purdue tailor its sales efforts to doctors who Already prescribed oral opioid medications. There is nothing mysterious or nefarious about it. It is standard and economically rational. To do otherwise would be ineffective and unnecessary. Some consultants do this kind of work almost every day. The small consulting company Objective Insights, Inc. (co-owned by one of the authors) has done this several times.
This is from David R. Henderson and Charles L. Hooper, “IIs promoting to customers a crime?» American Institute for Economic Research, June 18, 2024.
Read it the totalitywhich is not long.
