Global consulting firm McKinsey & Company has agreed to pay nearly $600 million to settle allegations that it played a role in the devastating opioid crisis that has ravaged the United States. The settlement, announced in 2021, marks a significant step towards accountability for the company's involvement in advising major pharmaceutical companies on how to aggressively market their opioid products. McKinsey's actions are believed to have contributed to the widespread overprescription and misuse of opioids, which have led to hundreds of thousands of overdose deaths and countless lives forever changed. The settlement is a major victory for those who have been pushing for corporate accountability in the face of the opioid epidemic.
McKinsey Settles for Nearly $600 Million Over Role in Opioid Crisis (Published 2021) The New York Times