Purdue Pharma, the drug company that made billions pushing the prescripton opioid OxyContin, is dying of unnatural causes. The firm has filed for bankruptcy in an attempt to stave off responsibility for claiming its flagship pharmaceutical was nonaddictive, and aggressively marketing it to physicians. The firm is currently defending itself in 2,600 lawsuits blaming the company for the opioid epidemic that kills 130 American every day.
More:
“Purdue Pharma, drugmaker accused of fueling the opioid epidemic, files for bankruptcy,” Christopher Rowland, Washington Post
“OxyContin Maker Purdue Pharma Files for Bankruptcy to Wipe Out 2,000 Lawsuits,” Jef Feeley and Steven Church, Bloomberg
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Tags: bankruptcy, Big Pharma, Chapter 11, drug abuse, drug addiction, lawsuit, lawsuits, Opioid Crisis, opioid deaths, opioid plague, opioids, oxycodone, OxyContin, pharmaceuticals, prescription drugs, Purdue Pharma, Richard Sackler, Sackler familiy
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