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Purdue Pharma

Jul 13, 2020

Lawyers seek to halt Purdue Pharma political contributions

OxyContin maker Purdue Pharma should not be able to make any more political contributions without a judge's permission, lawyers for its creditors said in a court filing.

Feb 26, 2020

Generic drugmakers sold most opioids during overdose crisis

Mallinckrodt Pharmaceuticals doled out lavish perks for top U.S. employees who hit or beat sales goals for prescription opioids and other drugs: six-figure bonuses and a chance to snag a coveted “President’s Club” award, which could mean vacations to Hawaii, the Caribbean or Mexico. The company placed that same staff in charge of reporting any […]

Feb 26, 2020

Generic drugmakers sold most opioids during overdose crisis

Mallinckrodt Pharmaceuticals doled out lavish perks for top U.S. employees who hit or beat sales goals for prescription opioids and other drugs: six-figure bonuses and a chance to snag a coveted “President’s Club” award, which could mean vacations to Hawaii, the Caribbean or Mexico. The company placed that same staff in charge of reporting any […]

Dec 26, 2019

AG: Drug law affects opioid case, clergy probe to go longer

State Attorney General Dana Nessel said lawmakers should revisit Michigan’s unique law that shields drugmakers from product liability lawsuits, saying it “absolutely” has affected her strategy to seek damages for the painkiller addiction epidemic. Her office last week sued four major opioid distributors under a law that is aimed at illegal drug dealers. The state […]

Dec 26, 2019

AG: Drug law affects opioid case, clergy probe to go longer

State Attorney General Dana Nessel said lawmakers should revisit Michigan’s unique law that shields drugmakers from product liability lawsuits, saying it “absolutely” has affected her strategy to seek damages for the painkiller addiction epidemic. Her office last week sued four major opioid distributors under a law that is aimed at illegal drug dealers. The state […]

Dec 6, 2019

Tufts University severs ties with family behind OxyContin

Tufts University is cutting ties with the billionaire family that owns OxyContin maker Purdue Pharma, saying it will strip the Sackler name from its campus and accept no further donations amid concerns over the family’s role in the opioid crisis. University officials announced the decision last week, ending a relationship that has spanned nearly four […]

Dec 6, 2019

Tufts University severs ties with family behind OxyContin

Tufts University is cutting ties with the billionaire family that owns OxyContin maker Purdue Pharma, saying it will strip the Sackler name from its campus and accept no further donations amid concerns over the family’s role in the opioid crisis. University officials announced the decision last week, ending a relationship that has spanned nearly four […]

Dec 5, 2019

Judge: Purdue workers should get bonuses, but maybe not CEO

More time is needed to sort out whether the CEO of OxyContin maker Purdue Pharma should receive a $1.3 million bonus next year, but the company should be allowed to pay about $35 million in bonuses to 682 other employees, the judge overseeing the company’s bankruptcy case said. There were objections at the hearing only […]

Dec 5, 2019

Judge: Purdue workers should get bonuses, but maybe not CEO

More time is needed to sort out whether the CEO of OxyContin maker Purdue Pharma should receive a $1.3 million bonus next year, but the company should be allowed to pay about $35 million in bonuses to 682 other employees, the judge overseeing the company’s bankruptcy case said. There were objections at the hearing only […]

Nov 7, 2019

Judge keeps lawsuits against Purdue, its owners on hold

A federal bankruptcy judge agreed to keep nearly 2,700 lawsuits against OxyContin maker Purdue Pharma and hundreds more against the family members who own the company on hold until at least until April so the sides can keep working toward a settlement. A lawyer for Purdue, the maker of the highest-profile prescription opioid painkiller, told […]

Nov 7, 2019

Judge keeps lawsuits against Purdue, its owners on hold

A federal bankruptcy judge agreed to keep nearly 2,700 lawsuits against OxyContin maker Purdue Pharma and hundreds more against the family members who own the company on hold until at least until April so the sides can keep working toward a settlement. A lawyer for Purdue, the maker of the highest-profile prescription opioid painkiller, told […]

Oct 9, 2019

Arizona now has misgivings about Purdue opioid settlement

Arizona’s attorney general is having misgivings about agreeing to Purdue Pharma’s proposal to settle litigation over the opioid crisis. Attorney General Mark Brnovich, a Republican, said in a court filing late Monday that the OxyContin maker has “sought to undermine material terms of the deal.” He did not specify how he alleges the company has […]

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