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Opioid crisis: OxyContin maker Purdue files for bankruptcy

2019-09-16T06:14:20.473Z

The company Purdue must pay for their complicity in the opioid crisis in the US $ 12 billion compensation. The OxyContin manufacturer now announces bankruptcy.



The US manufacturer of the painkiller OxyContin has filed for bankruptcy. On Sunday, Purdue Pharma filed an application in White Plains, New York.

Already a few days ago, the company had reached a fundamental agreement in connection with its role in the opioid crisis in a bill-worthy legal dispute. Numerous local governments and more than 20 US states had sued Purdue Pharma. Following the deal, the company is expected to pay up to $ 12 billion in compensation over a longer period of time.

Opioids are blamed for the death of more than 400,000 people in the US over the past two decades. The US pharmaceutical industry - and especially Purdue Pharma - is accused of downplaying the addictiveness of the painkillers. This should have contributed to the fact that many more medications like OxyContin have been prescribed. In October, a lawsuit against Purdue had begun without a settlement with the plaintiffs in a federal court, the first of its kind.

Thus, the legal trouble for Purdue Pharma is unlikely to end. About half of the states have not joined the basic agreement, some want to file a complaint against it in court and bring further lawsuits against the members of the Sackler family, which owns the company.

Source: zeit

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