McKinsey Accused of ‘Serious’ Conflict of Interest in Opioid Consulting

[claireokc]

A Congressional report alleges that consulting firm McKinsey engaged in a “serious conflict of interest” by working for the U.S. government on issues relating to the opioid epidemic while, at the same time, advising drugmakers, including on projects meant to persuade regulators about the safety of opioid products. The U.S. House Oversight Committee alleged in its April 13 report (pdf) that at least 22 McKinsey consultants, including senior partners, worked for both the Food and Drug Administration (FDA) and opioid manufacturers, at times simultaneously. “Today’s report shows that at the same time the FDA was relying on McKinsey’s advice to ensure drug safety and protect American lives, the firm was also being paid by the very companies fueling the deadly opioid epidemic to help them avoid tougher regulation of these dangerous drugs,” Rep. Carolyn Maloney (D-N.Y.), chair of the committee, said in a statement. ...

Source: https://www.theepochtimes.com/mckinsey- ... 08247.html