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ENDP - Painkiller stocks in the red on possible Purdue bankruptcy
Endo International plc
The broad market's down day notwithstanding, opioid drugmakers are under modest pressure in apparent response to a report that privately held Purdue Pharma is mulling a Chapter 11 bankruptcy filing to protect itself from the ~2,000 lawsuits against it related to its marketing practices for OxyContin (oxycodone HCl), the "poster child" painkiller in the U.S. opioid crisis.
More news on: Endo International plc, Nortech Systems Incorporated, Mylan Inc,