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Supreme Court Blocks Purdue Pharma’s $6 Billion Sackler Opioid Settlement

Posted on AllSides August 11th, 2023
From The Center
Supreme Court, Purdue Pharma, Oxycontin
PHOTO: GEORGE FREY/REUTERS

The Supreme Court blocked Purdue Pharma’s $6 billion settlement of opioid lawsuits against its Sackler family owners, agreeing to hear the Justice Department’s claim that the drugmaker’s bankruptcy plan improperly wipes out potential liability to additional parties for allegedly fueling the opioid addiction crisis.

The justices, by taking up the case and preventing Purdue from carrying out the settlement during the appeal, ensured that a sizable chunk of tens of billions of dollars pledged by the pharmaceutical industry to combat the opioid crisis will be delayed—or not paid at all....

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https://www.wsj.com/articles/supreme-court-blocks-purdue-pharmas-6-billion-sackler-opioid-settlement-382a105d

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