Senate Democrats are calling on a government watchdog to investigate McKinsey & Company over claims that the consulting giant skirted federal conflict-of-interest rules.
U.S. opioid overdoses increased 29% in 2020 amid the COVID-19 pandemic, a study finds.Senate Democrats are calling on a government watchdog to investigate McKinsey & Company over claims that the consulting giant skirted federal conflict-of-interest rules, a sign of growing concern on Capitol Hill that lucrative government contracts are being doled out to firms with dual loyalties.
McKinsey, one of the world's most influential consulting companies, maintained that its past work was lawful and denied allegations to the contrary as last year it settled with nearly 50 states, territories and the District of Columbia for nearly $600 million after investigations into its role in helping fuel the nation's.
According to a ProPublica report, McKinsey allegedly failed to disclose to the FDA its list of corporate pharmaceutical clients and potential conflicts of interest even though it was obligated to do so under its contracts with the agency. Instead, said Grace, McKinsey's work with the FDA"focused on administrative and operational topics, including improvements to organizational structures, business processes and technology."
In their letter to the HHS inspector general on Tuesday, lawmakers also called into question the FDA's vetting process, at one point implying that the FDA continued awarding McKinsey contracts even after news reports called attention to its work on behalf of Purdue Pharma and other opioid manufacturers.A sign for the Food And Drug Administration marks the entrance to the headquarters in White Oak, Md., July 20, 2020.
The FDA, in response to earlier congressional inquiries regarding McKinsey's potential conflicts of interest, wrote that it did not conduct additional review over its contracts with the firm even after learning of McKinsey's work for opioid manufacturers because the firm's work for the agency was not specifically related to opioids.
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