Purdue Pharma CEO: Bankruptcy is ‘an option’ amid lawsuits

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Purdue Pharma’s CEO said a bankruptcy filing is on the table as lawsuits alleging the drugmaker fueled the nation’s opioid crisis pile up, according to The Washington Post.

While Purdue Pharma has yet to decide if it will declare bankruptcy, the company is considering the option, as billions of dollars at stake if they are found liable, Purdue Pharma’s president and CEO Craig Landau told The Washington Post.

https://www.beckershospitalreview.com/pharmacy/purdue-pharma-ceo-bankruptcy-is-an-option-amid-lawsuits.html

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