Economy Feb 25 Drugmaker Mallinckrodt reaches $1.6 billion opioid settlement The English company was one of the highest-volume opioid producers in the U.S. and is seeking bankruptcy protection as part of the deal.
Health Jan 24 Opioid victims can begin filing claims against Purdue Pharma The federal judge overseeing the bankruptcy case of OxyContin maker Purdue Pharma set a June 30 deadline to file claims against the company.
Nation Oct 21 $260 million deal averts 1st federal trial on opioid crisis Across the U.S., the pharmaceutical industry still faces more than 2,600 other lawsuits over the deadly disaster, and participants in those cases said the latest deal buys them time to try to work out a nationwide settlement of all claims.
Nation Oct 21 Drug companies reach tentative deal to settle opioids lawsuit The tentative deal settles claims by state and local governments against distributors AmerisourceBergen, Cardinal Health and McKessen and the manufacturer Teva.
Nation Oct 16 Jury selection begins in opioid trial despite delay request Two Ohio counties claim drug companies that made, distributed and sold prescription painkillers engaged in a deadly conspiracy that has inflicted massive damage on their communities and created a public nuisance that costs the counties hundreds of millions of dollars…
Nation Sep 16 Why bankruptcy might not get opioid-maker Purdue Pharma off the hook Some states have made it clear they intend to continue their lawsuits against members of the Sackler family in state courts.
Nation Sep 16 Purdue Pharma files for bankruptcy as part of opioids settlement The bankruptcy filing was anticipated before and after a tentative settlement deal, which could be worth up to $12 billion over time, was struck.
Nation Sep 12 Some states say they’ll keep fighting Purdue Pharma in court Courtroom showdowns still face OxyContin maker Purdue Pharma and the family that owns it, the Sacklers. But after a tentative settlement reached Wednesday with thousands of local governments and more than 20 states, the fight will be less about the…
Nation Sep 11 OxyContin maker agrees to tentative settlement, attorneys say Attorneys representing some 2,000 local governments say they have agreed to a tentative settlement with OxyContin maker Purdue Pharma over the toll of the nation's opioid crisis.
Nation Sep 08 A Purdue bankruptcy would make opioids cases even messier State and local governments have sought billions of dollars from Purdue Pharma as a way to hold the company and the family that owns it accountable for the nation's opioid epidemic, a potential payout that is now clouded in uncertainty…