Report: Purdue Pharma exploring bankruptcy


Stamford-based Purdue Pharma could be going broke.

Reuters is reporting ( that the oxycontin maker is exploring bankruptcy.

Related Content: Filing: OxyContin maker forecast ‘blizzard of prescriptions’

This comes as its owners face mounting litigation claiming the company misled patients and doctors about the risk of their opioids.

Purdue has denied the claims and said those lawsuits are twisting the facts.

Related Content: Connecticut to sue Purdue Pharma over opioid crisis

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss

More Don't Miss