By Dietrich Knauth NEW YORK, April 9 (Reuters) - Consulting firm McKinsey & Co has agreed to contribute $125 million to ...

Some state attorneys general and opioid addiction activists pushed back Tuesday against a settlement offer from OxyContin maker Purdue Pharma, saying it didn't include enough money and goes too far in ...

The judge said the municipalities had plausibly alleged that McKinsey did far more than spitball strategy ideas and was ...

​Biotechnology company Lipella Pharmaceuticals Inc. files for Chapter 11 bankruptcy months after facing Nasdaq delisting.

Lipella Pharmaceuticals, a biotechnology company in Pittsburgh’s Homewood neighborhood, filed for bankruptcy protection ...

(The Hill) — The attorneys general of all 50 states, Washington, D.C., and four territories have agreed to sign on to a $7.4 billion settlement with Purdue Pharma and the members of the Sackler family ...

Several drug development companies listed nearly $20 million in debt in Chapter 11 filings.

Lipella Pharmaceuticals’ ambition to develop the first treatment for an inflammatory mouth condition has reached the end of ...

UPDATE: U.S. Bankruptcy Judge Suzanne Bauknight dismissed CEO Fawn Weaver's bankruptcy petition on March 19. In a ruling from the bench in the Knoxville federal courthouse, Bauknight said Weaver ...

Spandex maker The Lycra Company has filed for Chapter 11 bankruptcy in Texas to implement a restructuring deal that will see most of its debt written off after creditors took control of the business.

Matt Painter had the same reaction as everyone else to Purdue’s buzzer-beating win over Texas. “Holy sh-t,” the Boilermakers coach said as he walked off the court Thursday following the 79-77 Sweet 16 ...