Purdue Pharma, maker of OxyContin, set to dissolve after judge approves its criminal sentence

Purdue Pharma, the maker of OxyContin, is set to be dissolved and replaced by a company focused on the public good by the week’s end, as a massive legal settlement resolving thousands of lawsuits takes effect. It’s a long-awaited decision for thousands of families impacted by the opioid crisis, which has been linked to an … Read more

Purdue Pharma, maker of OxyContin, set to dissolve after judge approves its criminal sentence

Purdue Pharma, the maker of OxyContin, is set to be dissolved and replaced by a company focused on the public good by the week’s end, as a massive legal settlement resolving thousands of lawsuits takes effect. It’s a long-awaited decision for thousands of families impacted by the opioid crisis, which has been linked to an … Read more

Purdue Pharma to be sentenced in criminal opioids case, allowing settlement money to flow

A judge is expected to sentence OxyContin maker Purdue Pharma to forfeit $225 million to the Justice Department on Tuesday, clearing the way for the company to finalize a settlement of thousands of lawsuits it faces over its role in the opioid crisis. The penalty was agreed to in a 2020 pact to resolve federal … Read more