Tag: Purdue Pharma
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...