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Tag: Stamford Connecticut

Purdue Pharma files for bankruptcy as part of settlement

Purdue Pharma files for bankruptcy as part of settlement

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 […]

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With lawsuits looming, OxyContin maker considers bankruptcy

With lawsuits looming, OxyContin maker considers bankruptcy

The company that has made billions selling the prescription painkiller OxyContin said Wednesday that it is considering legal options including bankruptcy, a move that could upend hundreds of lawsuits claiming it had a major role in causing the U.S. opioid drug crisis. “As the company has stated, it is exploring […]

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