House Committee Releases McKinsey Report
The House Committee on Oversight and Reform has released an interim staff report, “The Firm and the FDA: McKinsey & Company’s Conflicts of Interest at the Heart of the Opioid Epidemic.” A committee statement says the report “presents preliminary findings from the committee’s investigation into McKinsey’s consulting work during the opioid epidemic.”
The report says the investigation determined that McKinsey consultants, including senior partners, frequently worked on FDA contracts while also working for opioid manufacturers including Purdue Pharma. “McKinsey’s conflicts, which the firm apparently did not disclose to FDA, raises serious questions about McKinsey’s ability to provide objective advice and its compliance with the terms of its contracts and federal law,” the statement says.
The committee also says its investigation found evidence that McKinsey used its government consulting work to solicit more business from opioid manufacturers and tried to influence government officials, including former HHS secretary Alex Azar, to advance the interests of its private sector opioid clients.