Purdue Puts Generic OxyContin Suits To Rest

Law360, New York (May 16, 2013, 9:44 PM EDT) -- Purdue Pharma LP on Thursday settled its suits against KVK-Tech Inc. and Varam Inc. in New York multidistrict litigation over plans to market a generic version of painkiller OxyContin.

U.S. District Judge Sidney H. Stein on Thursday signed off on a consent judgment between Purdue Pharma, KVK and Varam that resolves four suits in multidistrict litigation over Purdue Pharma’s narcotic pain medication oxycodone. The terms of the settlement were kept confidential, and an attorney for Purdue declined to comment. An attorney for KVK and Varam could...
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