Report: Purdue Pharma exploring bankruptcy

Fairfield

Stamford-based Purdue Pharma could be going broke.

Reuters is reporting (https://reut.rs/2SFQjpS) 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

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