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By Matthew Perrone, Associated Press
The deal would allow the company to exit bankruptcy and require members of the Sackler family who own it to contribute billions of dollars to help combat the opioid crisis in the U.S.
By Geoff Mulvihill, Associated Press
A landmark settlement in the nation's opioid epidemic is forcing the owners of OxyContin maker Purdue Pharma to give up the company and pay out $4.5 billion. But many families of those who died from overdoses say it's not enough.
By John Seewer, Geoff Mulvihill, Associated Press
The agreement accepted Wednesday caps a long-running legal drama involving a company that had come to symbolize the corporate culpability behind an epidemic that has claimed more than 500,000 lives over the past two decades.
It’s been decades since one world event has dominated the news cycle so completely. We lost more than 1.75 million people globally and more than 330,000 in the U.S. to COVID-19. Here’s a list of some other events that shook the…
By Molly Enking
Two of the owners of the company that makes OxyContin acknowledged to a congressional committee on Thursday that the powerful prescription painkiller has played a role in the national opioid crisis but stopped short of apologizing or admitting wrongdoing.
Purdue Pharma says its guilty plea over its role in the opioid crisis is “an essential step to preserve billions of dollars” for the settlement it is pursuing in bankruptcy court.
By Michael Balsamo, Geoff Mulvihill, Associated Press
Justice Department officials tell The Associated Press that Purdue Pharma, the company that makes OxyContin, will plead guilty to three federal criminal charges as part of a settlement of more than $8 billion.
The federal judge overseeing the bankruptcy case of OxyContin maker Purdue Pharma set a June 30 deadline to file claims against the company.
By Associated Press
The letter comes as OxyContin maker Purdue Pharma goes through bankruptcy and tries to settle 2,700 lawsuits over the opioid crisis…
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