McKinsey Agrees to Pay $650 Million Over Role in Opioid Sales

A former McKinsey senior partner is also set to plead guilty to obstruction of justice.
McKinsey Agrees to Pay $650 Million Over Role in Opioid Sales
Bottles of prescription painkiller OxyContin made by Purdue Pharma LP sit on a shelf at a local pharmacy in Provo, Utah, on April 25, 2017. George Frey/Reuters
Rudy Blalock
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Consulting firm McKinsey & Company has reached a $650 million settlement with the U.S. Department of Justice (DOJ) for its role in helping boost the sales of OxyContin, a highly addictive opioid, for Purdue Pharma, according to court documents filed in Virginia on Friday.

The agreement allows the firm to avoid criminal prosecution if it pays the sum and follows specific conditions for five years, including stopping all work related to the sale, marketing, or promotion of controlled drugs.