Purdue Pharma’s bankruptcy plan was approved by a federal judge Sept. 1, meaning the company that made and marketed the opioid Oxycontin will be dissolved, The New York Times reported. Judge Robert Drain of the U.S. Bankruptcy Court in White Plains, N.Y ...

A judge plans 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, allowing money to

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 ...

A majority of Purdue Pharma’s more than 120,000 creditors have voted to approve the company’s bankruptcy plan, The New York Times reported July 27. Ninety-five percent of cities, states, tribes, insurers and families favor the plan, Purdue Pharma said ...