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Drugmaker Endo Says Chapter Probably Imminent

by Index Investing News
August 10, 2022
in Financial
Reading Time: 1 min read
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Endo Worldwide PLC, a pharmaceutical producer going through hundreds of lawsuits alleging it fueled the opioid habit disaster, stated Tuesday that it’s prone to file for chapter imminently.

The corporate stated it’s in negotiations with a bunch of senior lenders that it expects will end in an settlement for a chapter 11 submitting. Endo additionally stated that it’s in discussions with opioid litigants in addition to different collectors however didn’t say that it has reached a proposed take care of them.



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