Purdue made a formal Chapter 11 filing before a federal bankruptcy court in New York and outlined its plan, where the drugmaker would be dissolved and a new “public benefit company” would ...

The Supreme Court on Thursday rejected a nationwide settlement with oxycodone hydrochloride (OxyContin) maker Purdue Pharma that would have shielded members of the Sackler family who own the ...

Atlantis was the only bidder for the business, according to court documents. Purdue filed for bankruptcy protection in 2019 as a foundation of its attempt to resolve thousands of opioid lawsuits ...