Judge rules Purdue Pharma must pay $7bn in bankruptcy settlement
Company behind painkiller OxyContin to be reorganised as a public benefit corporation called Knoa
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Purdue Pharma
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22 days ago
US bankruptcy court to approve deal with Purdue Pharma and Sackler family
The deal is expected to be one of the largest settlements against an opioid manufacturer, with funds for victims.
US judge to approve Purdue Pharma's opioid bankruptcy settlement
A federal bankruptcy judge said on Friday he will approve a restructuring plan for drugmaker Purdue Pharma that includes a $7.4 billion settlement.
Judge to approve $7bn settlement with OxyContin maker that requires Sackler family members to pay victims ⊖
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a story from The Guardian ⚠️ › International
Deal would also require multibillionaire family to give up ownership of the Connecticut-based firm
A federal bankruptcy court judge on Friday said he would approve OxyContin-maker Purdue Pharma’s late…
10 months ago
'Cruel billionaire' Sackler big-pharma family are forced to pay $7.4b of their own money to victims of the opioid crisis that has blighted US
As part of the settlement, the billionaire family behind Purdue Pharma has agreed to pay up to $6.5 billion and give up ownership of the company, which would pay nearly $900 million.
Purdue Pharma and Sacklers reach new $7.4bn settlement over opioids crisis
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a story from The Guardian ⚠️ › International
Settlement resolves thousands of lawsuits alleging Oxycontin caused addiction crisis
The Sackler family, which owns the OxyContin maker Purdue Pharma, has agreed to pay up to $7.4bn in a settlement to…
11 months ago
McKinsey pays $650mn in case over its work for opioid makers
Former senior partner also agrees guilty plea in connection with consulting firm’s work for Purdue Pharma and others
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