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OxyContin maker Purdue Pharma set to dissolve after judge approves sentence

Political Leaning Analysis
Left Center Right
Score: 0.32 • Leans Right

A federal judge sentenced OxyContin manufacturer Purdue Pharma on Tuesday, ordering the company to pay over $5 billion in criminal penalties. The pharmaceutical company will soon dissolve, as the sentencing was the last step before Purdue Pharma had to legally move to close. The company will be replaced by Knoa Pharma, a company aimed at […]