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March 30, 2023

Purdue Pharma

Business

Legal shield for Purdue Pharma owners is at heart of appeals

September 9, 2021 admin

The end of the Purdue Pharma bankruptcy case has left a bitter taste for those who wanted to see more accountability for members of the Sackler family. The Sacklers will give up ownership of the […]

Article

OxyContin maker Purdue proposes $10B plan to exit bankruptcy

March 16, 2021 Geoff Mulvihill, Associated Press

Purdue Pharma, which helped revolutionize the prescription painkiller business with its drug OxyContin, is proposing a $10 billion plan to emerge from bankruptcy that calls for it to be transformed into a different kind of […]

Article

Bankruptcy judge OKs federal settlement with Purdue Pharma

November 20, 2020 Geoff Mulvihill, Associated Press

Proposed settlements between the federal government and OxyContin maker Purdue Pharma and its owners cleared a major legal hurdle Tuesday when a bankruptcy judge said they could move ahead. Last month, the company agreed to […]

Business

States split by party on accepting Purdue Pharma bankruptcy settlement

September 18, 2019 Emily Roberson

STAMFORD, Conn. — Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, has filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state […]

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