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Purdue Pharma Shutdown: $7.4B Deal Ends OxyContin Maker's Operations
NewsPainMay 4, 2026

Purdue Pharma Shutdown: $7.4B Deal Ends OxyContin Maker's Operations

Purdue Pharma, the manufacturer of OxyContin, is ceasing operations following a $7.4 billion settlement agreement. This landmark deal aims to address the company's role in the opioid crisis and provide compensation to victims.

Dr. Priya Nandakumar
Purdue Pharma Shutdown: $7.4B Deal Ends OxyContin Maker's Era
AnalysisPain managementMay 4, 2026

Purdue Pharma Shutdown: $7.4B Deal Ends OxyContin Maker's Era

Purdue Pharma, the manufacturer of OxyContin, is ceasing operations as part of a $7.4 billion settlement to address its role in the opioid crisis. This landmark agreement aims to resolve thousands of lawsuits and redirect company assets towards addiction treatment and prevention.

Dr. Amina Farouk
Oncotelic Therapeutics Updates Partnership Strategy for Cancer Drug Development Pipeline
NewsApr 25, 2026

Oncotelic Therapeutics Updates Partnership Strategy for Cancer Drug Development Pipeline

Oncotelic Therapeutics provides corporate update on strategic partnerships to advance clinical-stage cancer treatments and expand market reach.

Prof. Marcus Webb