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Purdue Pharma, Sackler family reach new $7.4B opioid settlement

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...

McKinsey & Co. agrees to pay $650M for helping Purdue Pharma...

BOSTON (AP) – McKinsey & Co. consulting firm has agreed to pay $650 million to settle a federal investigation into its work to help...

Supreme Court rejects nationwide opioid settlement with OxyContin maker Purdue Pharma

WASHINGTON (AP) – The Supreme Court on Thursday rejected a nationwide settlement with OxyContin maker Purdue Pharma that would have shielded members of the...

Ruling clears way for Purdue Pharma to settle opioid claims, protect...

A federal court ruling cleared the way Tuesday for OxyContin maker Purdue Pharma's settlement of thousands of legal claims over the toll of opioids.  The...

China-based pharmaceutical company to acquire former Rhodes site

COVENTRY – The former site of a Rhode Island opioid manufacturer sued for its role in the opioid epidemic is set to be acquired...

Florida secures $860M from CVS and others to settle opioid case

ST. PETERSBURG, Fla. (AP) – The CVS drug store company and pharmaceutical companies will pay Florida a combined $860 million as part of the settlement...

States: Sackler family members abusing bankruptcy process

NEW YORK (AP) — A federal judge should reject a sweeping settlement to thousands of lawsuits against OxyContin maker Purdue Pharma, a group of...

Appeals are mounting in Purdue Pharma bankruptcy settlement, including from R.I....

Objections to a historic settlement with Purdue Pharma are mounting in the form of appeals, with Rhode Island's attorney general saying Wednesday the plan...

Judge conditionally approves Purdue Pharma opioid settlement

A federal bankruptcy judge gave conditional approval Wednesday to a sweeping, potentially $10 billion plan submitted by OxyContin maker Purdue Pharma to settle a...

Purdue Pharma exit plan gains steam with OK from more states,...

OxyContin maker Purdue Pharma’s plan to reorganize into a new entity that helps combat the U.S. opioid epidemic got a big boost as 15...
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