Purdue Pharma Files For Bankruptcy

THE MEDICAL EXAMINER RULED OCASSIC DIED FROM NATURAL CAUSES SUFFERING FROM CARDIOVASCULAR DISEASE. PURDUE PHARMA HAS FILED FOR BANKRUPTCY. THE DRUG MAKER CREATED THE HIGHLY ADDICTIVE PAIN KILLER OXYCONTIN. THE DRUG KILLED MY BROTHER. IT KILLED THOUSANDS OF AMERICANS Reporter: FAMILIES AFFECTED BY THE OPIOID EPIDEMIC JOINED NEW YORK CONGRESSMAN MAX ROSE TO SAY NO DEAL TO PURDUE PHARMA’S SETTLEMENT AGREEMENT I WANT THE FAMILY CHARGED AND IMPRISONED AS THE CRIMINAL DRUG DEALERS THAT THEY ARE. I WANT THEIR WEALTH CONFISCATED CONTINUING TO DESTROY LIVES OF THOUSANDS OF YOUNG ADULTS WHO ARE SUFFERING FROM DISEASE OF ADDICTION AND DESTROYING LIVES OF FAMILIES WHO LOST LOVED ONES, FAMILIES LIKE MY OWN Reporter: THE MAKERS OF THE HEAVILY PRESCRIBED OPIOID FILED FOR CHAPTER 11 BANKRUPTCY SUNDAY. IT WOULD ALLOW CONTINUED SALE OF THE POWERFUL PAIN KILLER WHILE RESTRUCTURING THE COMPANY. IN A STATEMENT THE CHAIRMAN OF PURDUE’S BOARD OF DIRECTORS SAID THIS UNIQUE FRAMEWORK FOR COMPREHENSIVE RESOLUTION WILL DEDICATE ALL THE ASSETS AND RESOURCES OF PURDUE FOR BENEFIT OF THE AMERICAN PUBLIC. THE MOVE AIMS TO SETTLE THOUSANDS OF LAWSUITS INCLUDING THOSE FILED BY STATES AFTER THE DRUG MAKER WAS ACCUSED OF DECEPTIVE PRACTICES THAT DOWN PLAY ADDICTIVE NATURE OF THE OPIOID. MY BROTHER DIDN’T OVERDOSE. THAT DRUG IS RESPONSIBLE FOR KILLING HIM Reporter: PART OF THE BANKRUPTCY AGREEMENT WILL GO TO MONETARY SETTLEMENTS TO FAMILIES. IT WILL FUND CREATION OF A NEW COMPANY THAT DEVELOPS AN OPIOID REVERSAL DRUG AND OFFERS IT AT NO OR LOW COST TO AFFECTED COMMUNITIES. THE FAMILY WILL CONTRIBUTE A MINIMUM OF $3 BILLION. THE COURT HAS TO FIRST APPROVE THE DEAL. THE FAMILY SAID THEY HAD DEEP COMPASSION FOR VICTIMS BUT THEY AND PURDUE PHARMA DID NOT ADMIT TO CONTRIBUTING TO THE CRISIS. THE ATTORNEY GENERAL SAYS SHE’S

5 comments

  1. Just sell to the public everyone needs needs not everyone’s addicted some people actually need medication to help with pain let people die if they choose to

Leave a Reply

(*) Required, Your email will not be published