Lawmakers vowed to continue investigating consulting firm McKinsey after a hearing scrutinizing its work for the Food and Drug Administration even as it advised opioid makers on boosting sales.
Bob Sterfels, Global Managing Partner, McKinsey & Company, testifies remotely at a House Oversight and Reform committee hearing on Wednesday, April 27, 2022, in Washington. – House Democrats vowed to continue investigating consulting giant McKinsey's work with opioid drugmakers after a Wednesday hearing detailed how the firm had advised companies pushing painkillers as well as U.S. health regulators.U.S.
“I’ve apologized for our work for Purdue and other opioid manufacturers and we fully recognize it fell short of our standards,” said Bob Sternfels in testimony before the House Oversight and Reform Committee. He said the company would continue cooperating with investigators.
Massachusetts Attorney General Maura Healey, testifying remotely, said that her state’s own investigation into McKinsey uncovered emails recommending Purdue “band together” with other drugmakers in 2009 to “defend against strict treatment by the FDA.” The committee's Republicans spent most of their allotted time undercutting the relevance of the hearing, noting the vast majority of opioid overdoses are now caused by fentanyl and heroin, not prescription drugs. They urged tighter border security, noting nearly all illicit opioids enter the U.S. through the southern border.
The Oversight Committee scrutinized McKinsey's work on three dozen FDA contracts worth more than $65 million, stretching from 2008 to 2021.
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