Purdue mulls bankruptcy as mountain of litigation looms

5 March 2019

Embattled Oxycontin (oxycodone) manufacturer Purdue Pharma is reportedly exploring the option of filing for bankruptcy as legal challenges mount over the firm’s marketing practices.

Following on from a disastrous epidemic of opioid addiction in the USA, multiple lawsuits have been launched by US state and local government bodies against opioid manufacturers and distributors.

Purdue, which is alleged to have downplayed the risk of addiction posed by its products, faces more than 1,600 plaintiffs in a federal class action suit in Ohio.

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