Purdue Pharma

Purdue Pharma’s $7B settlement set for votes from victims, cities

June 28, 2025 Geoff Mulvihill

OxyContin maker Purdue Pharma’s $7 billion-plus plan to settle thousands of lawsuits over the toll of opioids will be sent to local governments, people who became addicted to the drug and other impacted groups after […]

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 […]

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 […]

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 […]

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 […]