drugmakers News

Sources Say JPMorgan Cuts Ties with OxyContin Maker Purdue Pharma

JPMorgan Chase & Co has cut ties with Purdue Pharma LP over the OxyContin maker’s alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill payments, people familiar with the matter …

Tainted Pills Force FDA to Tighten Drug-Safety Regulations

U.S. regulators plan to revamp rules governing how medicines are manufactured, in an effort to ensure the safety of the nation’s drug supply as recalls of contaminated imports from developing countries widen. “We’ve seen a lot of instances of adulterated …

Sackler Family Accused in New Claim of Causing Opioid Crisis

The billionaire family that owns opioid-maker Purdue Pharma LP has been accused in a new lawsuit of causing the nationwide public-health crisis involving pain-killing medicines that has left thousands of Americans dead from overdoses. More than 500 U.S. cities and …