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Purdue Proposes Generic Overdose Treatments Under Reorganization Plan

New Public Health Company Hopes To Emerge From Bankruptcy

 
• By Dean Rudge

Purdue Pharma has laid out details of a reorganization plan “unprecedented in scope and nature,” which it says would transfer billions of dollars of value into trusts “for the benefit of the American people.”

Prescription bottle for Oxycodone tablets and pills on metal table
The high availability of oxycodone, developed by Purdue, led directly to increased abuse and addiction • Source: Shutterstock

Developing and marketing generic versions of treatments to reverse opioid overdose “at or below cost” is among proposals offered by notorious opioids manufacturer Purdue Pharma under a $10bn scheme to emerge from bankruptcy and transform into a public health company.

In October last year, Purdue reached an $8.3bn settlement with the US Department of Justice, having pleaded guilty to three felony charges over the marketing of its infamous OxyContin (oxycodone) brand, which made company owners the Sackler family billions and contributed directly to one of the worst public health crises in US history

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