Members of the family who own OxyContin maker Purdue Pharma and the company itself agreed to pay up to $7.4 billion in a new ...
The latest health briefs reveal Novo Nordisk's promising obesity treatment and a $7.4 billion Purdue Pharma settlement over ...
Purdue Pharma will pay more than $7 billion for the corporation's role in fueling the opioid epidemic that has killed hundreds of thousands of Americans. The Sackler family and Purdue Pharma reached a ...
Bankrupt Purdue Pharma LP and members of the billionaire Sackler family agreed to pay $7.4 billion to a group of US states and other parties to settle long-running litigation over OxyContin’s role in ...
Over the past twenty years, the opioid crisis in the United States has resulted in more than 500,000 people succumbing to overdoses. Last year, the U.S. Supreme Court blocked Purdue Pharma's ...
The most notable decision in the bankruptcy world in 2024 was the Supreme Court’s decision in Purdue Pharma. Harrington v. Purdue Pharma, L.P., 144 S. Ct. 2071 (2024). At the heart of the fight ...
The deal reached Thursday would require members of the Sackler family who own the drugmaker to pay as much as $6 billion in cash. That's at least $1 billion more than previously agreed on.
The U.S. Supreme Court is hearing many important cases this term, but perhaps none are as consequential — or controversial — as one involving Purdue Pharma. The long-maligned pharmaceutical ...
Fifteen US states have dropped their opposition to a bankruptcy plan for Purdue Pharma, clearing the way for a multi-billion dollar settlement. It marks the first step towards the OxyContin ...
Jan 13 (Reuters) - The Sackler family owners of Purdue Pharma are offering to increase their financial contribution to a bankruptcy settlement of opioid lawsuits, while agreeing to some exposure ...