You Searched For "purdue pharma" and got 20 results
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2 mins read
The $7 billion Purdue bankruptcy plan giving the Sacklers immunity from more lawsuits gets nixed by Supreme Court
A 5-4 split among Supreme Court justices just killed Purdue Pharma's bankruptcy plan — and th…
Jack Newsham
2 mins read
Rudy Giuliani helped Purdue Pharma keep selling OxyContin. Here's the real story behind what's depicted in 'Painkiller.'
Rudy Giuliani defended Purdue Pharma, helping the company continue selling OxyContin. Netflix's new…
Erin Snodgrass,Libby Torres
2 mins read
Members of the super-rich Sackler family that profited from OxyContin were forced to listen to opioid victims call them the 'scum of the earth'
People who had OxyContin addictions, and who had lost loved ones to the drug, denounced the multi-b…
Bethany Dawson
1 min read
The Metropolitan Museum of Art is dropping the 'Sackler' name after the Purdue Pharma family agreed to pay $4.3 billion over opioid harms
The Met's Sackler Wing and Exhibition Hall opened in 1978, when it featured items discovered in the…
Charles Davis,Allana Akhtar
2 mins read
A disabled veteran facing $7,000-per-week medical costs wrote a letter begging the Purdue Pharma bankruptcy judge not to allow a settlement
People trying to settle claims against Purdue Pharma have written emotional letters to the bankrupt…
Kenneth Niemeyer
3 mins read
'There's not one Scrooge McDuck, there's a lot of them': The Sackler family's sprawling wealth became the focus of a Purdue Pharma bankruptcy hearing
The Sacklers, the family that founded OxyContin-maker Purdue Pharma, are estimated to be worth $11 …
Allana Akhtar
2 mins read
An FDA official who led the approval of OxyContin got a $400,000 gig at Purdue Pharma a year later, a new book reveals
The FDA approved OxyContin in 1995 believing it would result in "less abuse potential." In 2001, th…
Allana Akhtar
2 mins read
McKinsey has agreed to pay $573 million over its role in boosting opioid sales during an epidemic that has killed more than 450,000 Americans
The global consulting firm will not admit wrongdoing in the settlement, which was made with 47 stat…
Kelsey Vlamis
2 mins read
2 members of the Sackler family, owners of OxyContin manufacturer Purdue Pharma, refused to take any personal responsibility for the opioid crisis
David Sackler said his family felt "great sadness" about the opioid epidemic, but also said he beli…
Sarah Al-Arshani
2 mins read
Hedge funds are reportedly scrambling to cut ties with the family that owns opioid-maker Purdue Pharma
The family has denied any wrongdoing and is fighting the charges. So is Purdue. They reached a part…
Gwen Everett
2 mins read
The billionaire Sackler family, whose company has been blamed for the opioid epidemic, 'erased' the death of a family member suffering from addiction who died by suicide, according to a new book
"They did not speak of him, for the most part. He was erased," Patrick Radden Keefe wrote regarding…
Allana Akhtar
3 mins read
The Sacklers tentatively agreed to pay $3 billion out of their pockets and dissolve Purdue Pharma to settle thousands of opioid lawsuits
In addition to being 100% owners of Purdue Pharma, members of the Sackler family are also major phi…
Taylor Nicole Rogers
3 mins read
America's deadly synthetic opioid epidemic is being driven by free market capitalism
"We live in a time when certain corporations behave like drug traffickers, and drug traffickers beh…
Paul Constant
4 mins read
Opioid-maker Purdue Pharma's bankruptcy filing shines a rare light on a system criticized for raising US drug prices
The Purdue Pharma bankruptcy document, which was filed in the Southern District of New York, lists …
Emma Court
4 mins read
Dispensed: How retailers are beefing up their health ambitions, insights from Purdue Pharma's bankruptcy filing, and a looming shortage of OB-GYNs
It reminds me a lot of my hometown's Facebook group, where residents constantly are asking for reco…
Lydia Ramsey
3 mins read
Purdue Pharma is reportedly mulling an 8-figure settlement to resolve more than 2,000 opioid cases - and it would plunge the drugmaker into bankruptcy
A handful of opioid producers and distributors have already been affected by increased legal scruti…
Ben Winck
5 mins read
Purdue Pharma and the billionaire Sackler family may leverage profits from OxyContin as part of an unusual proposed resolution to 2,000 lawsuits accusing them of driving the opioid epidemic
Opioid lawsuits have also targeted other companies, including drugmaker Johnson & Johnson and l…
Emma Court
4 mins read
A confidential report reveals that Purdue Pharma knew OxyContin was being abused within the first few years after it launched
The Times uncovered a series of internal communication spanning all the way back to 1996 that found…
Charlotte Hu
2 mins read
How a chemistry teacher became Asia's richest woman worth $10.5 billion
According to Bloomberg Billionaires Index, Huijuan is worth $10.5 billion — thanks to her invest…
2 mins read
Pharma stocks plunged after federal prosecutors launched a criminal probe into their role in fueling the opioid crisis
More than 400,000 Americans died from overdoses of legal and illegal opioids between 1999 and 2017,…