Purdue Pharma, the drug company that makes the highly addictive prescription painkiller OxyContin, is considering filing for bankruptcy in response to thousands of lawsuits it faces for its role in the opioid crisis.
The news, reported by Reuters Monday, comes amid more than 1,000 lawsuits accusing Purdue and other drug companies of lying to doctors and patients about how addictive the drugs were. Purdue has denied the accusations and said that its labels told patients that the drugs might be addictive.
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