from the market in 2017 after the Food and Drug Administration asked it to because of the dangers of abuse. Opana’s active ingredient was oxymorphone.that the agreement with debt holders “is a significant milestone as we advance our strategic priorities and business transformation.”
The agreement envisions the debt holders bidding to purchase Endo for what they are owed, beginning at $6 billion, and offering jobs to Endo’s employees, the statement said. A regulatory filing said that Endo employed about 3,000. The company did not respond to a question as to how many staffers report to the Malvern offices.
Executive compensation is subject to court scrutiny in a bankruptcy proceeding. Coleman’s incentive-boosted pay put him in the top echelon of pharmaceutical executives in 2021, higher than the compensation for the CEOs at Merck, Johnson & Johnson, and Pfizer, according to regulatory filings by those companies.
TonyBrunoShow Oh. It looks like no one is going to see a dime. Didn’t see that coming at all.
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