New Tool: ProSource
Checkout our packaging and processing solutions finder, ProSource.
Start Your Search

Purdue Pharma Pleads Guilty for Role in Opioid Crisis

The company will close down and pay for opioid treatment and abatement programs.

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.

See it Live at PACK EXPO Connects Nov. 9-13: Experience a new dimension in vial packaging without glass to glass contact, by Pester USA. Preview the Showroom Here.

Test Your Supply Chain Smarts
Take Healthcare Packaging's supply chain quiz to prove your knowledge!
Take Quiz
Test Your Supply Chain Smarts
Discover Our Content Hub
Access Healthcare Packaging's free educational content library!
Unlock Learning Here
Discover Our Content Hub