Subsys News

Purdue’s Bankruptcy Deal Has Holes the Size of 24 States

If Purdue Pharma LP wants its bankruptcy plan to work, it’ll have to find a way to halt the kind of government lawsuits that normally can’t be stopped by a Chapter 11 case. Purdue said the point of its court …

Drugmaker Insys Wins Bankruptcy Court Approval to Sell Off Opioid

Drugmaker Insys Therapeutics Inc on Thursday won court approval to sell its flagship fentanyl spray to a buyer who agreed to only market the drug for use by cancer patients, in response to concerns about the product’s role in fueling …

Opioid Manufacturer Insys Files for Bankruptcy after Kickback Probe

Drugmaker Insys Therapeutics Inc filed for bankruptcy protection on Monday amid mounting expenses driven by a U.S. Justice Department probe into claims it paid doctors bribes to prescribe a powerful opioid medication. The Chapter 11 bankruptcy filing marked a first …

Opioid Evangelist Switches Sides in Case Alleging Pharma Abuse

A doctor who was an early evangelist for increased use of highly addictive opioids like OxyContin to treat chronic pain — and who was paid to promote the idea — has switched sides and now says drug makers helped to …