Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

OxyContin Manufacturer Exploring Bankruptcy Amid Continued Opioid Epidemic

WorldNews Monday, 4 March 2019
OxyContin Manufacturer Exploring Bankruptcy Amid Continued Opioid EpidemicPurdue Pharma LP, the maker of the powerful opioid OxyContin, is exploring filing or bankruptcy to address potential liabilities from nearly 2,000 lawsuits against the pharmaceutical company on Monday, according to Reuters. The opioid crisis has led to more than two million Americans becoming dependent or having abused prescription pain pills or illegal street drugs such as heroin. The move by Purdue and its wealthy owners, the Sackler family, come as the company faces pressure to respond to the lawsuit's accusations of the company misleading doctors and patients about the addiction risk of using its opioids. Purdue has denied the allegations of using misleading advertising or lobbying...
Credit: Newsy Studio - Published < > Embed
News video: OxyContin Maker Reportedly Mulling Bankruptcy

OxyContin Maker Reportedly Mulling Bankruptcy 00:54

Multiple outlets report that Purdue Pharma is considering filing for bankruptcy, which would freeze the more than 1,000 lawsuits against the company.

You Might Like

Recent related videos from verified sources

Purdue Pharma's Bankruptcy Move Draws Criticism Amid Ongoing Opioid Epidemic [Video]Purdue Pharma's Bankruptcy Move Draws Criticism Amid Ongoing Opioid Epidemic

Purdue Pharma, the company behind the prescription painkiller OxyContin, has filed for bankruptcy. The filing comes days after it reached a settlement with more than 20 states which blame Purdue for..

Credit: CBS 2 New York     Duration: 02:20Published

Purdue Pharma Files for Bankruptcy [Video]Purdue Pharma Files for Bankruptcy

Purdue Pharma Files for Bankruptcy . The maker of OxyContin filed for Chapter 11 bankruptcy protection on Sunday. . A tentative settlement was made last week with more than 2,000 local..

Credit: Wibbitz Top Stories     Duration: 01:43Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.