Sacklers and Purdue Pharma Reach New Deal With States Over Opioids

Members of the billionaire Sackler family and their company, Purdue Pharma, have reached a deal with a group of states that had long resisted the company’s bankruptcy plan, opening the way for billions of dollars to begin flowing to addiction treatment programs nationwide, according to a court filing Thursday.

If Judge Robert Drain, who has presided over the bankruptcy proceedings in White Plains, N.Y., approves the agreement, the Sacklers will pay as much as $6 billion to help communities address the damages wrought by the opioid crisis.