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Bankruptcy

This page shows the latest Bankruptcy news and features for those working in and with pharma, biotech and healthcare.

US states claim Purdue Pharma owes $2.2 trillion over opioid crisis

US states claim Purdue Pharma owes $2.2 trillion over opioid crisis

Last year, Purdue filed for bankruptcy following increasing blame for its part in driving the opioid epidemic in the US. ... As part of of the initial bankruptcy filing, the Sackler family said they will give up 100% of Purdue and will also contribute a

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  • Who’s winning at digital transformation? (And who failed to adapt…) Who’s winning at digital transformation? (And who failed to adapt…)

    They filed for bankruptcy in 2012 and returned in 2013 as a smaller company focusing on commercial custom. ... They didn’t evolve their business into a digital model and filed for bankruptcy in 2010.

  • Article: The Colombia Conundrum

    the following years, the healthcare system was plunged into crisis and the majority of healthcare providers found themselves on the brink of bankruptcy, to the point that the president had to

  • Exploring MINT: Part 3 - Nigeria

    Due to the more extreme deficit of adequate medical facilities in Nigeria, some commentators also identify ‘medical refugees’, those pushed to the brink of bankruptcy by travelling abroad to obtain better

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