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After bankruptcy filing, Purdue Pharma may not be off hook

10 monthes ago   |   By My Sanantonio

OxyContin maker Purdue Pharma and its owners expressed sympathy but not responsibility for the nation's opioid crisis as the company filed for bankruptcy protection late Sunday night, part of a move to settle some 2,600 lawsuits - most from state and local governments.
"Like families across America, we have deep compassion for the victims of the opioid crisis," Sackler family members said in the statement, which called the settlement plan a "historic step towards providing critical resources that address a tragic public health situation."
But the filing may not get either the drugmaker or...
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Purdue Pharma, maker of painkiller OxyContin, files for bankruptcy

10 monthes ago   |   By NBC News

The bankruptcy means that Purdue will likely be removed from the first federal opioid trial, scheduled to start in Cleveland on Oct. 21.
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OxyContin manufacturer files for bankruptcy

OxyContin manufacturer files for bankruptcy

10 monthes ago   |   By Politico

Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids. The filing was anticipated before and after the tentative deal, which could be worth up to $12 billion over time, was struck. “This settlement framework avoids wasting hundreds of millions of dollars and years on protracted litigation,” Steve Miller, chairman of Purdue's board of directors, said in a statement, “and instead will...
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OxyContin maker files for bankruptcy faced with over 2,000 lawsuits over opioid epidemic

OxyContin maker files for bankruptcy faced with over 2,000 lawsuits over opioid epidemic

10 monthes ago   |   By RT

Purdue Pharma, accused of fostering the US opioid crisis with its drug OxyContin, filed for bankruptcy protection in a New York court, after a tentative settlement deal faced opposition from multiple states.
The company filed for chapter 11 bankruptcy in White Plains, New York, on Sunday evening, as part of its efforts to finalize a settlement with state and local governments that sued the pharmaceutical giant en mass for its role in the nation's deadly opioid crisis.
DETAILS TO FOLLOW
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Company that made billions selling OxyContin files for bankruptcy protection

10 monthes ago   |   By ABC

Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin has filed for bankruptcy days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids.
Read more ...

 

OxyContin maker Purdue Pharma files for bankruptcy protection

10 monthes ago   |   By Reuters

OxyContin maker Purdue Pharma LP filed for bankruptcy protection in New York Sunday night, succumbing to pressure from more than 2,000 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic.
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