Empire of Pain Hardcover – 13 April 2021

This is the third such book that I have read in the last couple of years, the other two being “The Billion Dollar Loser” on WeWork and on Adam Neumann and “Bad Blood” on Theranos and on Elizabeth Holmes. While the first is about a business built on hubris and the second about a complete fraud, “The Empire of Pain” was the most shocking of the three. It is about a legitimate business that was extremely successful but one that was built using several unethical means and one that ultimately caused the death of thousands of Americans.The book traces the history of the Sackler family and of Purdue Pharma, starting with the early years of Arthur , Mortimer and Raymond Sackler, children of an immigrant family in New York. Their parents desired their sons to become doctors, given the perceived nobleness of the profession, which turns out ironic given the later history of the family. The first section traces the lives and the initial wealth creation of the three brothers, especially that of Arthur. It gives an insight into their ambiguous views on integrity around medical products and conflicts of interest and their desire to be recognised as a leading family in the country. The second section is about the rise of OxyContin as a majorly profitable drug for Purdue, the issue of widespread addiction caused by it and Purdue’s attempts to fight the hundreds of legal cases. The final session is about the third generation and the eventual fall of the company. The book is extremely well-researched and written in a way that makes it interesting reading despite the subject matter and the length of the book.The Sackler empire was built on Roche’s Librium and Valium, especially the latter. By the time Valium was controlled, it was used by 20 million Americans and became the most widely consumed — and abused — prescription drug. The second generation of Sacklers multiplied that wealth with OxyContin.It could be argued that OxyContin was a legal drug, approved by the FDA, but the fact was that America did not have an opioid crisis before the drug’s introduction. It is also clear that the company was aware of the problem for a long time but chose to ignore it for selfish reasons. And its usage of its legal teams, influential government representatives, threats and otherwise Machiavellian methods to thwart any attempts to stop it is simply shocking. The lack of oversight by government institutions is particularly galling — as Keefe puts it, “the opioid industry is, among other things, a parable about the awesome capability of private industry to subvert public institutions”.As I write this review, the Sackler family appears to have got away with it. They have had to pay billions of dollars as penalties, have had to give up their stake in Purdue Pharma and have to bear the ignominy of seeing their family name stripped away from many of their philanthropic attempts. However, they still have several billions of dollars of wealth created by the opioid crisis, have had no criminal charges against them and seem to have procured immunity against future legal liabilities. And that’s indeed a pity!Pros: Extremely well researched, the narrative style makes it an interesting read despite its lengthCons: The length of the book to some extent

"Empire of Pain" is a deeply human story of unimaginable greed and corruption. As a firm believer in the free-market economy, I found this book unsettling. It exposes how powerful corporations, armed with immense wealth and influence, can manipulate the system and escape serious consequences.This was the first investigative nonfiction book I’ve ever read, and it has drawn me toward the genre—thanks to Patrick Radden Keefe’s brilliant storytelling. His meticulous research and compelling narrative make this a gripping and eye-opening read.

Good book

This *outstanding* book by Patrick Keefe is special for me 'coz it amplifies:- the moral challenge entrepreneurs have to 'do right' at the cost of losing millions and alternatively succumbing to self-satisfying excuses that eventually harm people. (In my case, the resolve is NOT to build "real money mobile games" that addict people).This book is a masterpiece! Why:- Apart from "Red Notice" (reviewed by me), it's the only other book I've read that mentions real-life threats to the author's life (implying the deep impact).- An critical story to learn - as a business grows, the hard choice becomes choosing between morals or profits. In this case, the sheer immorality of the entrepreneurs is staggering.- Deep entrepreneurial insights. How a 'right and left brain' combination (knowledge of medicine and marketing acumen) help companies scale. An ability we must all inculcate.- A deep, important lesson - what is 'legally' right does not mean it's good to go. What is 'morally' right is more important.- How money can buy anything (fame, status, prestige). Indicating that the most glorified institutions of the world are always up for sale.- Life can turn at any moment. "during the Depression, there were doctors in Brooklyn who were reduced to selling apples on the street."- Case study of the birth of 'native' advertising- The dark world of vested interests - 'Philanthropy wasn’t charity, as his lawyer Michael Sonnenreich insisted. It was a business deal."- Chronicles of obsessive behaviour to control outcomes “They were putting pressure on the White House,” the executive said."- The business of professional bribery - "A 2016 study found that purchasing even a single meal with a value of $20 for a physician can be enough to change the way that he prescribes."A MUST Buy and read.

Hats off to the author for pulling this off! The book is marvelous in all respects, fantastic research, great narration and most importantly, for having the spine to call out the extent to which greed can take over. It's a pity that the Sackler family got away without losing anything (more or less).And in general, history will make us shamefully look back at how we allow(ed) large scale white collar crimes and criminals to go scot free..

Empire of Pain is absolutely fascinating but also thoroughly sickening. It clearly illustrates how wealth confers power to corrupt institutions that were created to protect the public.The book is extremely well written and informative.I agree with Illinois congressman Raja Krishnamoorthi's conclusion that the Sacklers were addicted to money. Their addiction completely destroyed their humanity. I also agree with Tennessee congressman Jim Cooper's feeling that he's not aware of any family in America that's more evil than the Sacklers.At Rs. 453, it's a fantastic bargain.

Very good book. Gripping.Revealing how some exploit and make money. That ill-gotten money makes more illegal money. Realized even FDA in USA is not fully trustworthy.Amazing writeup.Recommend to all.