STAT+: OxyContin maker Purdue Pharma set to dissolve after judge approves its criminal sentence

Summary: Purdue Pharma, the company that makes the drug OxyContin, is officially being shut down. A federal judge approved a criminal sentence for the company, which was the final step in a massive legal settlement. Purdue will be dissolved and replaced by a new company designed to work for the public good. Before making her ruling, the judge listened to hours of heartbreaking stories from people whose families were destroyed by addiction. Since 1999, the opioid epidemic has caused over 900,000 deaths in the U.S.

For more details, see statnews at statnews.com/2026/04/30/oxycontin-maker-purdue-pharma-will-dissolve-criminal-sentence-approved/?utm_campaign=rss (opens in new tab)