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the states of california maine and hawaii on monday joined dozens of others in suing the pharmaceutical giant purdue over the role the companys prescription painkiller oxycontin has played in, an earlier version of this story was originally published on march 4 2019 it has been updated to reflect purdues chapter 11 bankruptcy filing purdue pharma on sunday filed for chapter 11 , purdue pharma the company that made billions selling the prescription painkiller oxycontin filed for bankruptcy in white plains new york days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids
a tentative settlement announced wednesday over the role purdue pharma played in the nations opioid addiction crisis falls short of the farreaching national settlement the oxycontin maker had, purdue pharma maker of oxycontin the drug widely seen as igniting the opioid crisis filed for chapter 11 bankruptcy on sunday night a move at the center of the companys efforts to shield, pharmaceutical giant purdue pharma is framing its bankruptcy filing as an opportunity to cut red tape and provide billions in settlement cash to curb the opioid crisis its accused of facilitating