Purdue Pharma, Sacklers reach $7.4 bln national opioid settlement
- Purdue Pharma and the Sackler family have agreed to pay up to $7.4 billion to settle lawsuits regarding the opioid crisis, as announced by New York Attorney General Letitia James.
- The new settlement replaces a previous deal rejected by the U.S. Supreme Court and includes a contribution of up to $6.5 billion from the Sacklers.
- Purdue Pharma will also pay nearly $900 million, and the Sacklers will relinquish ownership of the company under the new agreement.
- The settlement aims to provide resources for victims and communities affected by the opioid crisis, as stated by Purdue Pharma.
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Purdue Pharma to pay TN, other states billions for role in opioid crisis
NASHVILLE, Tenn. (WKRN) — A bipartisan coalition of states, including Tennessee, will receive $7.4 billion from Purdue Pharma, Inc. and members of the Sackler family for their "instrumental" role in the crisis. The settlement is the largest to date with respect to individuals' contributions to the opioid crisis. A Thursday announcement from the Tennessee Attorney General Jonathan Skrmetti's office said Tennessee could receive more than $90 milli…
Pennsylvania to get $212 million from opioids settlement with Purdue Pharma, Sackler family
Pennsylvania will receive up to $212 million from Purdue Pharma and its owners, the Sackler family, for their roles in the opioid crisis, Pennsylvania Attorney General Dave Sunday said. Pennsylvania is among 15 states that will receive money from a multi-state, $7.4 billion settlement. Purdue Pharma produces OxyContin, a painkiller that can be addictive.
Opioid crisis in the USA: Sacklers must pay 7.4 billion dollars
The Sacklers earned billions with Oxycontin. The painkiller is considered to have triggered the opioid crisis in the USA, which has claimed more than 100,000 lives. The family has now agreed to a new settlement.
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