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France 24
France 24
Business

Judge approves landmark bankruptcy deal linked to US opioid epidemic

BUSINESS DAILY © FRANCE 24

A US judge has approved a bankruptcy plan for Purdue Pharma, the drugmaker at the centre of the country's opioid addiction crisis. The deal will see its owners, the Sackler family, contribute $4.5 billion and receive immunity from future lawsuits. The company pleaded guilty last year to criminal charges over the marketing of its highly addictive painkiller OxyContin. Also today, we look at how changes to Apple's App Store could benefit companies like Netflix and Spotify.

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