Purdue Pharma's deal means money for some victims, end of Purdue company name. Here's what to know
A judge said Friday that he planned to approve a deal for OxyContin maker Purdue Pharma and members of the Sackler family who own the company to settle thousands of lawsuits over the toll of opioids,
purdue pharma
Purdue Pharma, which is owned by the Sackler family, manufactures and markets OxyContin -- one of the prescription painkillers at the center of the opioid crisis. Federal regulator slammed as Massachusetts sues billionaire Sacklers for pushing OxyContin.
Reuters
Purdue Pharma gets over 99% voting support for bankruptcy plan
NEW YORK, Oct 21 (Reuters) - More than 99% of bankrupt drugmaker Purdue Pharma's creditors voted to accept a $7.4 billion settlement of legal claims related to the company's sales of addictive opioid medication, the company said Tuesday. The vote puts the ...
Business Wire
Purdue Pharma L.P. Plan of Reorganization Receives Overwhelming Creditor Support
STAMFORD, Conn.--(BUSINESS WIRE)--Purdue Pharma L.P. (“Purdue”) today announced that its Chapter 11 Plan of Reorganization (“Plan”) received support from more than 99% of voting creditors, based on preliminary voting results. The votes were ...
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