Who owns this company???

Dear astern,

"Purdue Pharma" is fully privately owned by the Sackler family. This
is also reflected by the persons who hold the three most important
positions in the company:

- Dr. Mortimer D. Sackler is the Chariman and 1st Co-CEO,

- Dr. Raymond R. Sackler, his brother, is the 2nd Co-CEO,

- Dr. Richard S. Sackler, Raymond's son, is the President.

Mortimer, Raymond, and their brother Arthur M. Sackler (who died in
1987) had bought a small New York drug company in 1952 called "Purdue
Frederick", which had been founded as early as 1892 by  Dr. John
Purdue Gray and George Frederick Bingham. In 1991, the Sackler family
created "Purdue Pharma" as an associated company to market the
painkiller OxyContin.


Sources:

Hoover's Online: Purdue Pharma L.P. Fact Sheet
http://www.hoovers.com/purdue-pharma/--ID__60941--/free-co-factsheet.xhtml

Denver Post: 'Miracle' pain drug's deadly flaw
http://www.denverpost.com/Stories/0,1413,36%257E26%257E1839687,00.html

Washington Times: Damage Control
http://washingtontimes.com/business/20031112-093414-2062r.htm

St. Petersburg Times: Strong dose of hype for OxyContin inexcusable
http://www.sptimes.com/2003/11/10/Columns/Strong_dose_of_hype_f.shtml

Anderson School at UCLA: Overdoses of Painkiller are linked to 282
Deaths (Adobe Reader file!)
http://www.anderson.ucla.edu/media/loeb/entries/2002/A24.pdf

British Competition Commission Appeal Court: Napp Pharmaceutical
(Adobe Reader file!)
http://econ.haifa.ac.il/~ozshy/napp.pdf

Search terms used:
"Purdue Pharma" owned
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purdue sackler family
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"purdue pharma" "sackler family"
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"purdue pharma" sackler
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"richard sackler" mortimer
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Hope this answers your question!
Best regards,
Scriptor

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Request for Answer Clarification by astern-ga on 13 Jan 2004 14:40 PST

Are there any other shareholder in either Purdue Pharma or Purdue Frekerick????

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Clarification of Answer by scriptor-ga on 13 Jan 2004 15:31 PST

I have not found any indication that Purdue Pharma or Purdue Frederick
shares of any kind exist at all. Behind the scenes, there may be
various agreements on how ownership is subdivided into parts among the
members of the Sackler family; but formal shareholdership is not
mentioned in a single source. And since no Purdue stock is traded on
public exchanges, there can't be shareholders in a formal sense.

Regards,
Scriptor