By Dietrich Knauth NEW YORK, April 9 (Reuters) - Consulting firm McKinsey & Co has agreed to contribute $125 million to ...

Some state attorneys general and opioid addiction activists pushed back Tuesday against a settlement offer from OxyContin maker Purdue Pharma, saying it didn't include enough money and goes too far in ...

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​Biotechnology company Lipella Pharmaceuticals Inc. files for Chapter 11 bankruptcy months after facing Nasdaq delisting.

Lipella Pharmaceuticals, a biotechnology company in Pittsburgh’s Homewood neighborhood, filed for bankruptcy protection ...

(The Hill) — The attorneys general of all 50 states, Washington, D.C., and four territories have agreed to sign on to a $7.4 billion settlement with Purdue Pharma and the members of the Sackler family ...

Several drug development companies listed nearly $20 million in debt in Chapter 11 filings.

UPDATE: U.S. Bankruptcy Judge Suzanne Bauknight dismissed CEO Fawn Weaver's bankruptcy petition on March 19. In a ruling from the bench in the Knoxville federal courthouse, Bauknight said Weaver ...

Spandex maker The Lycra Company has filed for Chapter 11 bankruptcy in Texas to implement a restructuring deal that will see most of its debt written off after creditors took control of the business.

Matt Painter had the same reaction as everyone else to Purdue’s buzzer-beating win over Texas. “Holy sh-t,” the Boilermakers coach said as he walked off the court Thursday following the 79-77 Sweet 16 ...

Saks Global — owner of luxury stores including Saks Fifth Avenue and Neiman Marcus — is cutting over 1,200 jobs as it shutters more than a dozen locations nationwide following its bankruptcy filing ...