Purdue Pharma, Drugmaker Accused of Fueling the Opioid Epidemic, Files for Bankruptcy

Original source: https://www.washingtonpost.com/business/economy/purdue-pharma-drugmaker-accused-of-fueling-the-opioid-epidemic-files-for-bankruptcy/2019/09/15/dbba6ec6-d7f3-11e9-a688-303693fb4b0b_story.html

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Washington Post (09/15/19) Rowland, Christopher

Purdue Pharma, blamed for spurring the nation’s opioid outbreak during sales of its own pain medication OxyContin, filed for bankruptcy on Sept. 15. The move is part of a settlement with tens of a large number of litigants, likely to be accompanied by disputes over how to split the proceeds. Have enticed of tapping billions of dollars out of the funds of the company over the past decade, the family. Under the newly announced settlement, 24 states and more than authorities plaintiffs agreed to the dissolution of the company and also a contribution. The settlement doesn’t include any admission of wrongdoing and could reorganize Purdue to a trust that could continue to produce OxyContin, along with reverse”rescue'” medications which will be distributed free of cost to communities nationwide. Lawsuits are also pending against manufacturers of vendors as well as the generic version of OxyContin and retail pharmacy chains. … Read More

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Original source: https://www.washingtonpost.com/business/economy/purdue-pharma-drugmaker-accused-of-fueling-the-opioid-epidemic-files-for-bankruptcy/2019/09/15/dbba6ec6-d7f3-11e9-a688-303693fb4b0b_story.html

We search the net everyday to guide you to relate to the importance of having a Property Damage Adjustment Consultant on your team. Look at this web post we located.

Washington Post (09/15/19) Rowland, Christopher

Purdue Pharma, blamed for spurring the nation’s opioid outbreak during sales of its own pain medication OxyContin, filed for bankruptcy on Sept. 15. The move is part of a settlement with tens of a large number of litigants, likely to be accompanied by disputes over how to split the proceeds. Have enticed of tapping billions of dollars out of the funds of the company over the past decade, the family. Under the newly announced settlement, 24 states and more than authorities plaintiffs agreed to the dissolution of the company and also a contribution. The settlement doesn’t include any admission of wrongdoing and could reorganize Purdue to a trust that could continue to produce OxyContin, along with reverse”rescue'” medications which will be distributed free of cost to communities nationwide. Lawsuits are also pending against manufacturers of vendors as well as the generic version of OxyContin and retail pharmacy chains. … Read More

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