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OxyContin Flap to Cost Purdue Pharma GC $8M
Why is Howard Udell paying $8 million for a federal misdemeanor? Neither prosecutors nor Udell, the general counsel of Purdue Pharma, will say exactly what he did wrong. But the size of the penalty has drawn attention. Last month, Udell and two other officers at Purdue Pharma pleaded guilty to misbranding OxyContin, the company's controversial painkiller. Prosecutors charged the three under the "responsible corporate officer" doctrine -- which experts say is almost never used against GCs.