Purdue Pharma is a pharmaceutical company founded in 1892, best known for developing and marketing the painkiller OxyContin. The drug was introduced in 1996 and became widely prescribed for managing chronic pain, leading to significant revenue for the company. However, OxyContin has been linked to the opioid crisis in the United States due to its addictive properties. Purdue Pharma faced numerous lawsuits and scrutiny over its marketing practices, which contributed to widespread misuse of opioids. In 2020, the company filed for bankruptcy as part of a settlement to address these legal challenges.