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Purdue Pharma

American phamaceutical company

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Purdue Pharma: American phamaceutical company
Purdue Pharma L.P. is a privately held pharmaceutical company owned principally by descendants of Mortimer and Raymond Sackler. In 2007 it paid out one of the largest fines ever levied against a pharmaceutical firm for mislabeling its product OxyContin, and three executives were found guilty of criminal charges. Although the company has shifted its focus to abuse-deterrent formulations, Purdue continues to market and sell opioids, and continues to be involved in lawsuits around the opioid crisis.

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Exclusive: JPMorgan cuts ties with OxyContin maker Purdue Pharma - sources

JPMorgan Chase & Co has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill payments, people familiar..
Reuters - Published

Five more U.S. states sue OxyContin maker Purdue Pharma over opioid epidemic

Five U.S. states on Thursday filed lawsuits accusing Purdue Pharma LP of illegally marketing and selling opioids, escalating the wave of litigation over a nationwide abuse epidemic.
Reuters - Published

Videos for Purdue Pharma

Hoi-Polloi Groups Cut Out Sackler Family Over Opioid Crisis [Video]Hoi-Polloi Groups Cut Out Sackler Family Over Opioid Crisis

Business Insider reports many high-end non-profits, museums, and hedge funds have cut ties with the Sackler family. They include the Metropolitan Museum of New York, The National Portrait Gallery, and..

Credit: Wochit News     Duration: 00:47Published

 

Five U.S. states sue Purdue Pharma over marketing, selling of opioids

Five U.S. states on Thursday filed lawsuits accusing Purdue Pharma LP of illegally marketing and selling opioids, including OxyContin, contributing to a nationwide epidemic.
Reuters - Published

New York's Met museum to shun Sackler family donations

new york's met museum to shun sackler family donations
The Sackler family owns Purdue Pharma, which manufactures opioids linked to the deaths of thousands.
BBC News - Published

Exclusive: Pain-care specialist agrees to testify against Purdue, other drug makers - court documents

A physician ally of Purdue Pharma LP whose views helped drive the explosive growth in the use of addictive pain relievers for common aches and pains in the United States has agreed to testify against..
Reuters - Published

Purdue's Sackler family fights 'inflammatory' Massachusetts opioid case

Members of the Sackler family behind OxyContin maker Purdue Pharma LP have asked a judge to toss a lawsuit by Massachusetts' attorney general claiming they helped fuel the U.S. opioid epidemic, arguing..
Reuters - Published

N.Y. accuses opioid maker Purdue of illegal fund transfers to Sacklers

Purdue Pharma LP fraudulently transferred funds to members of the wealthy Sackler family who control the OxyContin maker despite knowing it faced major liabilities that had made it already insolvent,..
Reuters - Published

Purdue Pharma agrees to $270 million settlement in Oklahoma opioid case

OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company reached a $270 million settlement to resolve a lawsuit brought by the state of Oklahoma accusing the..
Reuters - Published

Purdue Pharma settles opioid lawsuit for $270m

purdue pharma settles opioid lawsuit for $270m
The drug company owned by the wealthy Sackler dynasty is facing 2,000 claims over its painkiller.
BBC News - Published

OxyContin maker Purdue agrees to settle Oklahoma opioid case, source says

Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the maker of painkiller OxyContin of helping fuel an opioid abuse epidemic, a person familiar with the matter said on..
Reuters - Published

Oklahoma top court clears way for Purdue, J&J, Teva to face opioid trial

Oklahoma's top court on Monday declined to delay a landmark trial set for May in a multibillion-dollar lawsuit accusing OxyContin maker Purdue Pharma LP and two other drugmakers of helping fuel an..
Reuters - Published

Exclusive: OxyContin maker Purdue Pharma exploring bankruptcy - sources

OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from thousands of lawsuits alleging the drug manufacturer contributed to the deadly..
Reuters - Published

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