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Purdue Pharma dissolved following opioid crisis legal settlement Purdue Pharma dissolved following opioid crisis legal settlement

Purdue Pharma dissolved following opioid crisis legal settlement

Purdue Pharma, the maker of the opioid painkiller OxyContin, is being dissolved and replaced by a new company focused on addressing the opioid crisis.This development follows a federal judge's approval of a criminal sentence that resolves thousands of lawsuits against the company.The sentencing marks the final step in a legal process involving the US Department of Justice investigation into Purdue Pharma.The company admitted to failing to prevent the diversion of its prescription opioids to the black market and acknowledged paying doctors to prescribe the drugs through a speakers program.It also paid an electronic medical records company to encourage more opioid... [Continue Reading]

360LiveNews 360LiveNews | 29 Apr 2026 14:02 LONDON
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