World Apr 29, 2026 · 1 min read

Purdue Pharma to be dissolved as judge approves criminal sentence in opioid case

OxyContin maker to be replaced by new company aiming to combat opioid crisis as legal settlement takes effectPurdue Pharma, which makes OxyContin, is set to be dissolved and replaced by a company focused on the public good by the week’s end, as a sweeping legal settlement resolving thousands of laws...

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The Guardian
by Associated Press
Purdue Pharma to be dissolved as judge approves criminal sentence in opioid case

OxyContin maker to be replaced by new company aiming to combat opioid crisis as legal settlement takes effect

Purdue Pharma, which makes OxyContin, is set to be dissolved and replaced by a company focused on the public good by the week’s end, as a sweeping legal settlement resolving thousands of lawsuits takes effect.

A federal judge on Tuesday delivered a criminal sentence to the company to resolve a US Department of Justice investigation – a last necessary step to clear the way for the settlement.

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This article was originally published by The Guardian and written by Associated Press.

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