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Pharmaceutical Market Goes on Alert with Bankruptcy Filing by Industry Giant
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In mid-2022, a major pharmaceutical manufacturer surprised the market by filing for bankruptcy in the United States. Dublin-based Endo International Plc was unable to withstand the financial pressure of a series of lawsuits, particularly related to the opioid crisis. The impact of this decision reverberated throughout the global pharmaceutical sector, exposing the fragility of large companies in the face of large-scale lawsuits. This situation h…
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