Intellipharmaceutics International Inc. (IPCI)

[kfcyahoo]

The more I read about Purdue the more convinced I become that their lawyers suffer from home produced opioid abuse. I am not aware of a case they've won.

May 2007-Purdue ordered to pay $600M, and (3) executives ordered to pay $34.5M after pleading GUILTY.

October 2007- State of Kentucky(USA) sues Purdue. Settles for $24M from Purdue in 2015

2007- 26 state Attorney Generals plus the Attorney General of Washington D.C settle. Cost to Purdue, $20M. ps Many of those states, and D.c. feel they were short changed are pursuing legal avenues to pursue further.

5/22/14- Two California counties (Orange and Santa Clara) sue Purdue

8/8/16- New Hampshire Attorney General accuses Purdue of blocking probe.

9/29/16- Drug companies(including Purdue)lose bid to stay Chicago's suit

mo/d/yr- Suffolk County, NY sue Purdue

2/3/17- Broome County, NY sues Purdue

4/24/17-Rockland County, NY sues Purdue.

After reading all this(with minimal search, I bet there's more), I don't see how Purdue would be acceptable to IPCI as a partner(don't think Odidi's would want any association with them).


Grünenthal Group is my bet for any type of partnership. Mallinkrochet a close second, particularly given the big sale of one of their units.

Long story short, don't think IPCI would want to get entangled with a company like Purdue, a company that is ascending an avalanche trail.