A recent CNN article discussed the finale in the Purdue Pharma lawsuit seeking responsibility for the company’s role in the opioid crisis. The privately held maker of OxyContin will plead guilty to three federal crime charges, and pay more than $8 billion before closing down the company. Since Purdue doesn’t have $8 billion in cash, it will dissolve and its assets will go toward the creation of a new “public benefit company” controlled by a trust that will be used to fight the opioid crisis.
Purdue Pharma Pleads Guilty for Role in Opioid Crisis
The company will close down and pay for opioid treatment and abatement programs.
Oct 26, 2020
Break out of the ordinary: see what’s new in life sciences packaging
At PACK EXPO Las Vegas, you’ll see machinery in action and new tech from 2,300 suppliers, collaborate with experts and explore transformative solutions. Join us in September to experience a breakthrough for life sciences products.
REGISTER NOW & SAVE!
Medical Device Innovations Report
Cutting-edge packaging technologies are transforming the medical device sector in PMMI’s “Innovation in Medical Device” report, featuring advanced materials, smart solutions, and evolving regulations. Editors share insights from nearly 300 PACK EXPO booth visits—each product deemed new and truly innovative—alongside video demonstrations of the equipment and materials on display.
Learn More
