Purdue Pharma, Sacklers to pay $6 billion to settle opioid lawsuit
Opioid Crisis,Purdue Pharma,Sackler Family,Business,Courts,Healthcare,Drugs,Public Health
From the Right
AllSides Media Bias Rating: Right
Purdue Pharma and its owners, the billionaire Sackler family, will pay $6 billion to several states to settle a lawsuit brought about by the devastating opioid crisis, according to court papers.
A New York State judge must now sign off on the deal between the maker of OxyContin and the states.
According to the terms of the deal, the Sacklers, whose cumulative net worth is estimated to be $13 billion, will pay at least $5.5 billion in cash, which will be used to fund treatment centers helping those addicted to opioids.
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