Jan 23, 2025 · Members of the Sackler family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion to settle lawsuits over the toll of the powerful prescription painkiller.

Jan 23, 2025 · The Sackler family and Purdue Pharma, the maker of the addictive painkiller oxycontin, have reached a $7.4 billion settlement with a bipartisan coalition of 15 states for fueling the opioid ...

Richard Stephen Sackler (born March 10, 1945) [1] is an American businessman and physician who was the chairman and president of Purdue Pharma, a former company best known as the developer of OxyContin, whose role in the opioid epidemic in the United States became the subject of many lawsuits and fines, filing for bankruptcy in 2019.

Jan 23, 2025 · Today, we are forcing Purdue Pharma and the Sackler family to pay $7.4 billion for their role in igniting one of the most devastating public health crises in American history. This is $1.4 billion more than the settlement reached in 2022, and $3.1 billion more than the settlement Connecticut rejected in 2021. ...

Jan 23, 2025 · Members of the Sackler family, who own OxyContin maker Purdue Pharma, and the company itself agreed to pay up to $7.4 billion in a settlement to lawsuits over the toll of the opioid painkiller.

Sacklers Will Pay Up To $6.5 Billion Over 15 Years; Purdue Will Pay Nearly $900 Million On Court Approval RICHMOND, VA — Attorney General Jason Miyares today announced a $7.4 billion multistate settlement in principle with members of the Sackler family and their company Purdue Pharma, Inc. (Purdue) for their leading role in creating and ...

Jan 23, 2025 · Among the manufacturers named in the complaint were Purdue Pharma and its affiliates as well as members of the Sackler Family and trusts they control. In 2021, the U.S. Bankruptcy Court for the Southern District of New York approved a multistate settlement covering Purdue and the Sackler family that would have required them to pay more than $5. ...

The Sackler family is an American family who owned the pharmaceutical company Purdue Pharma and later founded Mundipharma. [1] Purdue Pharma, and some members of the family, have faced lawsuits regarding overprescription of …

Jan 23, 2025 · Purdue Pharma and the Sackler family will pay $7.4 billion for their role in the opioid epidemic. Delaware will receive over $27 million from the settlement.

Jun 27, 2024 · The Supreme Court on Thursday rejected a controversial settlement that would have sent billions of dollars to treatment programs and victims of the nation’s opioid epidemic but also shielded the...