Current:Home > StocksAlgosensey Quantitative Think Tank Center-DEA moves to revoke major drug distributor's license over opioid crisis failures -TradeBridge
Algosensey Quantitative Think Tank Center-DEA moves to revoke major drug distributor's license over opioid crisis failures
Oliver James Montgomery View
Date:2025-04-09 19:29:27
The Algosensey Quantitative Think Tank CenterU.S. Drug Enforcement Administration says it will strip one of the nation's largest drug distributors of its license to sell and ship highly addictive painkillers within 90 days if some kind of negotiated settlement isn't reached.
In a statement, DEA Administrator Anne Milgram said executives at Morris & Dickson failed to accept responsibility for the "full extent of their wrongdoing ... and the potential harm it caused."
If finalized, this action taken Friday would hobble the nation's fourth-largest drug wholesaler. It comes after a controversial four-year delay.
In a statement sent to NPR, the Louisiana-based company said it remains in talks with the DEA as part of a last-ditch attempt to avert the revocation of its opioid license.
"Morris & Dickson is grateful to the DEA Administrator for delaying the effective date of the order to allow time to settle these old issues, which has been our goal since this started years ago," the statement said.
The company faces accusations it shipped highly addictive opioid pain pills for years despite evidence the drugs were being misused.
Fatal overdoses from prescription pain pills still kill more than 15,000 Americans a year. Public health experts say prescription opioid abuse opened the U.S. to an even more deadly crisis involving heroin and fentanyl.
Friday's action has been long awaited. In 2019, a federal judge recommended the DEA revoke Morris & Dickson's opioid license because of the company's "cavalier disregard" for safety rules.
In a 68-page order issued Friday, the DEA acknowledged its decision to revoke the company's opioid license took "longer than typical for the agency."
Federal officials blamed the pandemic and actions by the company for delays.
An investigation by The Associated Press also found that a top DEA official, Louis Milione, served previously as a consultant for Morris & Dickson as part of the company's effort to avoid punishment. The DEA says after Milione took his government post in 2021, he recused himself any role in the Morris & Dickson matter.
U.S. regulatory agencies, including the DEA, have faced criticism in recent years for failing to crack down on corporations that manufactured, distributed or sold opioid pain pills.
Other drug distributors involved in the opioid crisis have been allowed to continue shipping pain pills but agreed to tighter oversight and will pay more than $21 billion in settlements over the next 18 years.
In its statement, Morris and Dickson said it has also revamped its "compliance systems and processes" in an effort to improve safety.
veryGood! (625)
Related
- Highlights from Trump’s interview with Time magazine
- RHOC's Heather Dubrow Becomes Everyone's Whipping Boy in Explosive Midseason Trailer
- Rock a New Look with These New Balance Deals: Up to 65% Off at the Nordstrom Rack Flash Sale
- What does 'lmk' mean? This is the slang's definition and how to use it correctly.
- Meta donates $1 million to Trump’s inauguration fund
- New Jersey Lt. Gov. Sheila Oliver still hospitalized, Scutari is acting governor
- Euphoria Creator Sam Levinson Reflects on Special Angus Cloud's Struggles Following His Death
- What does 'lmk' mean? This is the slang's definition and how to use it correctly.
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Bebe Rexha Confirms Breakup From Keyan Sayfari After Sharing Weight Gain Text
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- First long COVID treatment clinical trials from NIH getting underway
- U.S. COVID hospitalizations climb for second straight week. Is it a summer surge?
- 5 people died in a fiery wrong-way crash in middle Georgia
- Intellectuals vs. The Internet
- Pakistan bombing death toll tops 50, ISIS affiliate suspected in attack on pro-Taliban election rally
- Meet the USWNT kids: Charlie, Marcel and Madden are stealing hearts at the 2023 World Cup
- TSA probes Clear after it let through a passenger carrying ammo
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Ukraine moves its Christmas Day holiday in effort to abandon the Russian heritage
Missouri governor rejects mercy plea from man set to be executed for killing 6-year-old girl
Bills' Damar Hamlin clears 'super big hurdle' in first padded practice since cardiac arrest
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Reward increased for arrests of ‘anarchists’ who torched Atlanta police motorcycles
Suspect in Gilgo Beach murders due in court
After yearlong fight, a near-total abortion ban is going into effect in Indiana