Purdue Pharma, the maker of the highly addictive painkiller OxyContin that faced a massive lawsuit over the U.S. opioid epidemic, filed for bankruptcy Sunday, the Washington Post reports.
Our thought bubble, per Axios' Bob Herman: Purdue was expected to file for bankruptcy regardless of a national settlement and ultimately could protect the Sackler family’s wealth against all governments and creditors.
Editor's note: This is a developing news story. Please check back for updates.
