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OxyContin Maker Purdue Pharma to Plead Guilty to 3 Federal Charges
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OxyContin maker to plead guilty in opioid probe
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DOJ announces Purdue Pharma's plea deal in opioid probe
Credit: Reuters Studio Duration: 02:10Published
OxyContin maker nears guilty plea in opioid probe
Credit: Reuters - Politics Duration: 00:24Published
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Purdue guilty plea 'cuts head off' opioid serpentA NY attorney says Purdue Pharma's guilty plea "is a very, very important step" in addressing the opioid crisis but will never bring back the people who died. Hunter Shkolnik said the plea has..
Opioid crisis: OxyContin maker Purdue Pharma pleads guilty in criminal casePurdue Pharma has pleaded guilty to three criminal charges, formally taking responsibility for its part in an opioid epidemic that has contributed to hundreds of thousands of deaths but also angering..
Also reported by •CBS News
OxyContin-maker Purdue Pharma admits role in opioid epidemic, pleads guilty to federal chargesPurdue Pharma, which invented OxyContin, agreed to pay fines of $8 billion, will be effectively dissolved and converted into a benefit company.
AP Top Stories Oct. 21 PHere are the top stories for Wednesday, Oct 21st: Trump and Biden campaigns make October sprint; Justice Dept. announces Purdue Pharma settlement; Barrett visits senators on Capitol Hill; Pope Francis..
Purdue Pharma to plead guilty in $8bn opioid settlementThe landmark deal with the US Department of Justice settles the most serious claims against the OxyContin-maker.
OxyContin maker Purdue Pharma to plead to feloniesPurdue Pharma, the maker of OxyContin, the powerful prescription painkiller that experts say helped touch off an opioid epidemic, will plead guilty to three federal criminal charges as part of a..
Also reported by •Reuters •WorldNews
OxyContin maker to plead guilty to federal criminal charges in $8 billion settlementPurdue Pharma, the company whose OxyContin painkiller that drove a nationwide opioid epidemic, has agreed to plead guilty to federal criminal charges as part of a settlement with the government that..
Where the Purdue Pharma-Sackler legal saga standsOxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a proposed settlement worth an estimated $10 billion to resolve more than..
Exclusive: OxyContin maker Purdue is 'Pharma Co X' in U.S. opioid kickback probe - sourcesOxyContin maker Purdue Pharma LP is the unnamed company that surfaced in criminal charging documents filed earlier this week in a probe of illegal kickbacks from drugmakers, according to people..
Sacklers withdrew over $10 billion in a decade from Purdue Pharma: New York TimesThe Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing..
Purdue Pharma’s Payments to Sacklers Soared Amid Opioid CrisisA new audit finds that the family directed $10.7 billion from the drugmaker to family-controlled trusts and holding companies, as legal pressure tightened around Purdue.
U.S. Supreme Court rejects Arizona opioid case against Purdue, Sackler familyThe U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family - owners of Purdue Pharma LP -..
Tufts University removes Sackler sign from bldgA maintenance worker has used a hammer and a flexible wall scrapper to remove the name of the billionaire family that owns OxyContin maker Purdue Pharma from a Tufts University building. (Dec. 5)
Fake doctors: OxyContin maker thrives in ChinaOxyContin sales are slowing in the United States under an avalanche of lawsuits and the bankruptcy of Purdue Pharma. But the company's owner, the Sackler family, continues to profit from sales of their..
Judge shields OxyContin-maker Purdue from litigation until AprilPurdue Pharma LP and the company's Sackler family owners will be shielded until April 8, 2020, from sprawling opioid litigation to give the maker of OxyContin time to try to reach a legal settlement..
OxyContin maker Purdue gets brief shield from litigationOxyContin maker Purdue Pharma LP won a court order on Friday briefly pausing the sprawling opioid litigation against the company so it can try to make headway on its proposed legal settlement that it..
Judge sees benefit in pausing lawsuits against OxyContin maker PurdueA U.S. Bankruptcy Judge signaled support on Friday for a six-month pause to litigation led by 24 states against OxyContin maker Purdue Pharma LP to give the company time to settle thousands of lawsuits..
U.S. judge urges parties to wisely use Purdue opioid settlement fundsA U.S. bankruptcy judge on Thursday urged parties that will benefit from a proposed settlement with OxyContin maker Purdue Pharma LP to focus on addressing the opioid addiction crisis and avoid..
Cracks in Purdue's proposed opioid settlement as Arizona backs outThe U.S. state of Arizona withdrew its support for a proposed nationwide opioid settlement with Purdue Pharma LP, saying the maker of OxyContin sought to "undermine material terms of the deal,"..
Sacklers reaped up to $13 billion from OxyContin maker, U.S. states sayOxyContin maker Purdue Pharma LP steered up to $13 billion in profits to the company's controlling Sackler family, according to U.S. states opposing efforts to halt lawsuits alleging the company and..
U.S. states fight back against Purdue's bid to halt opioid lawsuitsU.S. state officials are due on Friday to launch a counterattack against OxyContin maker Purdue Pharma LP over its attempt to shield the company and its controlling Sackler family from thousands of..
Colleges got $60M-plus from OxyContin familyPrestigious universities around the world have accepted at least $60 million from the family that owns Purdue Pharma over the past five years.. (Oct. 3)
Purdue Pharma seeks to halt opioid suits against company, SacklersOxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company and its controlling Sackler family helped fuel..
Purdue Pharma to stay in business as it pursues bankruptcy protectionLawyers for the pharmaceutical company secured permission to maintain business as usual — paying employees and vendors, supplying pills to distributors and keeping current on taxes and insurance
Purdue bankruptcy hearing gets underwayA judge heard arguments to decide whether lawsuits against members of the Sackler family that owns Purdue Pharma can go ahead with the company seeking bankruptcy protection. (Sept. 17)
David Sackler defends family and Purdue PharmaVanity Fair contributing editor Bethany McClean joined CBSN to discuss her reporting on Purdue Pharma and its involvement in the opioid epidemic. She interviewed David Sackler, who says his family did..
Oxycontin maker Purdue begins bankruptcy in push to settle opioid lawsuitsOxyContin maker Purdue Pharma LP is expected in court on Tuesday to lay out its plan for using bankruptcy to resolve more than 2,600 lawsuits alleging the company fueled the U.S. opioid crisis.
What's next for OxyContin maker Purdue PharmaOxyContin maker Purdue Pharma LP filed for bankruptcy protection after reaching a partial deal to resolve more than 2,600 lawsuits alleging it helped fuel the U.S. opioid crisis.
Purdue Pharma files for bankruptcy amid numerous lawsuits over opioid epidemicPurdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy late Sunday. The move came days after Purdue reached a tentative settlement with many..
Purdue Pharma files for bankruptcy. Here's what it meansPurdue Pharma is framing its bankruptcy filing as an opportunity to cut red tape and provide billions in settlement cash to curb the opioid crisis.
Also reported by •BBC News •CBS News
In numbers: Sackler family, Purdue Pharma and the US opioid crisisThe controversial Sackler family has filed for bankruptcy, amid lawsuits from 2,600 plantiffs.
Even with bankruptcy, Purdue Pharma may not be off hookSome states plan to object to a settlement in bankruptcy court and may pursue lawsuits against the Sackler family
OxyContin maker Purdue Pharma files for bankruptcy amid opioid crisisOxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic.
Also reported by •WorldNews •USATODAY.com
Your Monday BriefingIran, Purdue Pharma, Ric Ocasek: Here’s what you need to know.