The pill pushing firm behind the opioid epidemic is ODing on lawsuits.
“OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from roughly 2,000 lawsuits alleging the drugmaker contributed to the deadly opioid crisis sweeping the United States, people familiar with the matter said on Monday.”
— “OxyContin maker Purdue Pharma exploring bankruptcy -sources,” Mike Spector, Jessica DiNapoli, Nate Raymond, Reuters
More:
“Report: Purdue Pharma exploring Chapter 11 bankruptcy filing,” Alaric DeArment, MedCityNews
“One of America’s richest families is accused of profiting from the nation’s opioid crisis,” Tony Marco, CNN
“Allegations Against the Maker of OxyContin Are Piling Up. Here’s What They Could Mean for the Billionaire Family Behind Purdue Pharma,” Jamie Ducharme, Time
Update:
“Oklahoma judge refuses to delay first trial of responsibility for opioid crisis,” Lenny Bernstein, Washington Post
Related:
“Doctor Who Wrote 1980 Letter On Painkillers Regrets That It Fed The Opioid Crisis,” Taylor Haney and Andrea Hsu, NPR
“Purdue Pharma taps a Gilded Age history of pharmaceutical fraud,” Jonathan S. Jones, The Conversation
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Tags: bankruptcy, Big Pharma, Chapter 11, drug abuse, drug addiction, lawsuits, Opioid Crisis, opioid deaths, opioid plague, opioids, oxycodone, OxyContin, pharmaceuticals, prescription drugs, Purdue Pharma, Richard Sackler
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