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Purdue Pharma Offers Restructuring Plan, Sackler Family Would Give Up Ownership
By: Brian Mann | NPR
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Under a bankruptcy plan filed late Monday, the OxyContin maker would pay $500 million up front, promising billions in future payments. Twenty-four states rejected the proposal.
Consulting Giant McKinsey To Settle Opioid Claims For $573 Million
By: Brian Mann | NPR
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McKinsey is the latest major American corporation to face legal, financial and public relations peril stemming from its role in the nation’s deadly opioid epidemic.
Opioid Scandal Haunts Drug Companies As They Respond To Pandemic
By: Brian Mann | NPR
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Thousands of lawsuits that ground to a halt because of COVID-19 are moving forward again as local, state and federal courts reopen around the U.S.
Architecture For Landmark Nationwide Opioid Settlement Unveiled
By: Brian Mann | NPR
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If finalized, such a deal could funnel tens of billions of dollars to American communities struggling with the addiction crisis, while restoring stability to one of the country’s biggest industries.