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STAMFORD, Connecticut (AP) — OxyContin maker Purdue Pharma is rolling out an advertising campaign to let people know they can file claims against the company over the toll of its opioids. The effort starting Monday is part of Stamford, Connecticut-based Purdue’s bankruptcy proceedings, which it is using to attempt to settle nearly 3,000 lawsuits. Most… Read More
The U.S. opioid epidemic has taken hundreds of thousands of lives. A reckoning for the manufacturers, marketers and distributors of these drugs has now begun — but despite several multibillion dollar settlements, some states and municipalities say accountability and transparency for the companies is lacking. Casey Ross of STAT News joins PBS NewsHour’s Amna Nawaz… Read More
A judge will halt lawsuits against Purdue Pharma and its owners for six months in hopes of finalizing a settlement over the OxyContin maker’s role in the national opioid crisis, he said Friday. In a hearing, U.S. Bankruptcy Judge Robert Drain strongly brushed aside the argument from a group of state attorneys general that lawsuits… Read More
OxyContin maker Purdue Pharma on Wednesday asked a bankruptcy court judge to halt all lawsuits against the company and its former directors, including members of the Sackler family, which owns the company. The request is a standard ask for a company that’s filed for bankruptcy , as Purdue did this week in an effort to settle some… Read More
COLUMBUS, Ohio (AP) – Ohio Attorney General Dave Yost says any money the state receives from a settlement with OxyContin maker Purdue Pharma should be spent at the local level. Yost, a Republican, went “on the record” with his position at an unrelated news conference Wednesday. He said he doesn’t want Ohio’s efforts to exercise… Read More
The tentative multibillion-dollar settlement with OxyContin maker Purdue Pharma would raise money to help clean up the opioid mess by … selling more OxyContin. That would amount to blood money, in the opinion of some critics. And it’s one reason two dozen states have rejected the deal. “The settlement agreement basically requires the settlement payments… Read More
The bankruptcy follows the Sackler family, which owns Purdue, agreeing to surrender control of the company and offering $3 billion in cash to opioid-hit communities.
The lead lawyers for local governments suing drug companies over the opioid crisis say the OxyContin maker Purdue Pharma’s bankruptcy filing won’t stop a trial scheduled for next month against other parts of the drug industry. Purdue filed for bankruptcy late Sunday night as part of a settlement plan. Lead lawyers for the local governments… Read More
For months, the judge overseeing national litigation over the opioids crisis urged all sides to reach a settlement that could end thousands of lawsuits filed by state and local governments. But the chaotic developments this week in the case against OxyContin maker Purdue Pharma underscore how difficult that goal is. By Thursday, half of the… Read More
Purdue Pharma, Johnson & Johnson and other health care giants are discussing potential deals with authorities that could resolve thousands of lawsuits they’re facing over the U.S. opioid epidemic.