US based drug maker Purdue Pharma has urged for a bankruptcy protection. The latest development is regarded as a consequence to the thousands of lawsuits which have accused the firm for fostering US opioid crisis. Based on the latest reports, the company’s board has approved the filing of Chapter 11 on Sunday, an action seen to resolve more than 2600 lawsuits against Purdue for its alleged involvement in the opioid epidemic. Reports alleg....
Tags : defence, Purdue Pharma, Bankruptcy, Sackler family, US opioid crisis,
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