Purdue Is Largely Blamed for the Opioid Crisis. Now It Might File for Bankruptcy

Purdue Pharma, maker of OxyContin and accused villain of the opioid crisis, is reportedly going to file for bankruptcy to get out of paying billions in lawsuits

A demonstration in Washington, D.C. last April was just one of the many actions taken to protest the role of pharmaceuticals manufacturers, including Purdue Pharmaceuticals, who have been implicated in the nationwide crisis.

The company has denied reports that negotiations have broken down, saying in a statement on Sunday that “negotiations continue and we remain dedicated to a resolution that genuinely advances the public interest.” , negotiations reportedly stalled because the company could not come to an agreement regarding how to divvy up the money between the plaintiffs.

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