Tag: opioid crisis
Purdue opioid deal may be worth less than drugmaker promised
WILMINGTON, Del. – Purdue Pharma LP’s deal to escape thousands of lawsuits over its role in the U.S. opioid crisis may be provide less than...
CVS is Purdue’s largest listed creditor
NEW YORK – Purdue Pharma LP told a bankruptcy court it owes almost $100 million to pharmacy-benefit managers, drug distributors and state health departments in...
OxyContin maker Purdue Pharma files for bankruptcy to wipe out 2,000...
WILMINGTON, Del. – Purdue Pharma LP filed for bankruptcy with a more than $10 billion plan to settle claims that it fueled the U.S....
Purdue opioid settlement talks stall over Sacklers’ cash
NEW YORK – Purdue Pharma LP’s settlement talks over the drugmaker’s opioid painkillers have stalled over how much money the family that owns the...
R.I. to receive $17M in federal funds for opioid crisis
PROVIDENCE – Rhode Island will receive $17.1 million in federal funds to combat the opioid crisis, the U.S. Department of Health and Human Services...
Big pharma ordered to face cities’ opioid-conspiracy claims
WILMINGTON, Del. – Johnson & Johnson, Cardinal Health Inc. and other makers and distributors of opioid painkillers must face lawsuits claiming they banded together...
Who should be paid with settlement money from opioid medication producers?
On Aug. 26 an Oklahoma judge ordered health care giant Johnson & Johnson to pay the state $572 million for costs incurred in the...
NBC: Purdue Pharma, owners offer to settle suits for $10B-$12B
MIAMI – Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company for $10 billion...
J&J shares rise as Oklahoma opioid fine seen less than expected
WILMINGTON, Del. – Johnson & Johnson shares rose as much as 5% after an Oklahoma judge ordered the company to pay far less than...
$155K in grants go toward fighting opioid crisis in R.I.
PROVIDENCE – A total of more than $150,000 in grants has been awarded to a number of groups across Rhode Island to help combat...