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Business Highlights: Budget clash, FDA, Pfizer - Vimarsana News

Business Highlights: Budget clash, FDA, Pfizer

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Source: ctpost.com
Owner: Purdue hoped new Oxy would help in crisis; no apology - Vimarsana News

Owner: Purdue hoped new Oxy would help in crisis; no apology

The family that owns Purdue Pharma had hoped a reformulated version of Oxycontin would help rein in the burgeoning opioid crisis a decade ago, a member of the Sackler family

OxyContin maker's settlement goes to judge for confirmation - Vimarsana News

OxyContin maker's settlement goes to judge for confirmation

Purdue Pharma's quest to settle thousands of lawsuits over the toll of OxyContin and its...

New Hampshire Among Nine States Still Opposing Purdue Pharma Deal - Vimarsana News

New Hampshire Among Nine States Still Opposing Purdue Pharma Deal

Credit Jeff J. Mitchell / New Hampshire Bulletin/Getty Images Fifteen states have reached a deal with Purdue Pharma on the company’s bankruptcy organization plan. New Hampshire is not among them. The deal moves the states and company a step closer to a $4.5 billion opioid settlement. Plaintiffs in the case are trying to hold the company and its owners, the Sackler family, responsible for their role in the opioid crisis. Nationally, more than 500,000 people have died from opioid overdoses caused by either prescription or illegal drug use since 1999. And the opioid crisis has taken a serious ...

Source: nhpr.org
New York to get $200M in Purdue opioid suit, pending approval - Vimarsana News

New York to get $200M in Purdue opioid suit, pending approval

WATERTOWN — An agreement was announced Thursday in the case of Purdue Pharma, manufacturer o… The state could receive up to $200 million in a historic settlement, if approved, that would require the Sackler family to pay $4.5 billion and permanently shutter disgraced OxyContin company Purdue Pharma for its role in fueling the opioid epidemic that killed hundreds of thousands of Americans over the past two decades. Members of the Sackler family have agreed to pay more than $4 billion of their own cash over nine years and entirely exit the opioid business as part of the proposed deal, wh...

Source: nny360.com