Bankrupt Purdue buys time to advance $7.4 billion opioid deal

Jan 24, 2025  · Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company's years-long effort to resolve thousands of …


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Bankrupt Purdue Buys Time To Advance $7.4 Billion Opioid Deal

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Jan 24, 2025  · Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company's years-long effort to resolve thousands of …

reuters.com

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Purdue Pharma And Owners To Pay $7.4 Billion In Settlement Of …

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

startribune.com

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Sackler Family, Purdue Pharma Strike New $7.4B Opioid Settlement

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Jan 24, 2025  · The billionaire family behind Purdue Pharma would pay $6.5 billion under the proposed deal, while Purdue would pay nearly $900 million.

fiercepharma.com

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Purdue Pharma, Sacklers Reach $7.4 Billion National Opioid …

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Jan 23, 2025  · Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication OxyContin …

cnn.com

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Attorney General Phil Weiser Helps Secure $7.4 Billion From Purdue ...

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Jan 23, 2025  · Attorney General Phil Weiser today announced that a bipartisan coalition of states and other parties have reached a $7.4 billion settlement in principle with members of the …

coag.gov

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Texas, Other States Reach $7.4 Billion Deal With Purdue Pharma Over ...

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Jan 23, 2025  · Texas, other states reach $7.4 billion deal with Purdue Pharma over opioids crisis Texas and 14 other states reached the deal after the Supreme Court bounced the Sackler …

dallasnews.com

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Purdue, Sackler Family To Pay US$7.4 Billion In US Opioid Settlement

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Jan 23, 2025  · Purdue Pharma and its Sackler family owners have reached a new US$7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication OxyContin …

scmp.com

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Purdue, Sackler Family Reach New $7.4 Billion Opioid Accord

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Jan 23, 2025  · Bankrupt Purdue Pharma LP and members of the billionaire Sackler family agreed to pay $7.4 billion to a group of US states, including Illinois, and other parties to settle long …

chicagobusiness.com

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Purdue Pharma Owners Could Pay $7.4 Billion In New Settlement To ...

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

bostonglobe.com

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Purdue Pharma And Owners To Pay $7.4 Billion In OxyContin Cases

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Jan 24, 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 …

latimes.com

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Purdue Pharma Gets More Time To Finalize $7 Billion Sackler Deal

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Jan 24, 2025  · A federal judge extended a pause protecting the Sackler family, owners of Purdue Pharma LP, from opioid lawsuits to give the OxyContin maker, states and victims …

bloomberglaw.com

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Purdue Pharma And Sackler Family To Pay $7.4 Billion In Revised ...

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Jan 24, 2025  · Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of …

fortune.com

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Bankrupt Purdue Buys Time To Advance $7.4 Billion Opioid Deal

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Jan 25, 2025  · By Dietrich Knauth New York: Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company's years-long …

indiatimes.com

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A $7.4 Billion Settlement With Purdue Pharma, Sackler Family Could …

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2 days ago  · Colorado is set to receive around $81 million from a $7.4 billion preliminary settlement with Purdue Pharma, the company’s owners and members of the Sackler family for …

summitdaily.com

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Sacklers, Purdue Pharma Reach $7.4 Billion Settlement In Opioid

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Jan 23, 2025  · Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation.

msn.com

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Stamford-Based Purdue Pharma To Pay $7.4B In Historic Opioid …

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Jan 23, 2025  · Stamford-Based Purdue Pharma To Pay $7.4B In Historic Opioid Settlement: How Much Will CT Get? Purdue Pharma will pay more than $7 billion for the corporation's role in …

dailyvoice.com

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Bankrupt Purdue Buys Time To Advance $7.4 Billion Opioid Deal

3 weeks from now

NEW YORK (Reuters) – Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company’s years-long effort to resolve …

pm360online.com

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Bankrupt Purdue Buys Time To Advance $7.4 Billion Opioid Deal

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NEW YORK (Reuters) - Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company's years-long effort to resolve …

networkofcare.org

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Bankrupt Purdue Buys Time To Advance $7.4 Billion Opioid Deal …

3 weeks from now

By Dietrich Knauth NEW YORK (Reuters) – Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company’s years-long …

onswm.com

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Bankrupt Purdue Buys Time To Advance $7.4 Billion Opioid Deal

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Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company's years-long effort to resolve thousands of …

tradingview.com

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F.D.A. Approves Drug To Treat Pain Without Opioid Effects

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1 day ago  · The Food and Drug Administration approved a new medication Thursday to treat pain from an injury or surgery. It is expensive, with a list price of $15.50 per pill. But unlike opioid …

nytimes.com

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Bankrupt Purdue Buys Time To Advance $7.4 Billion Opioid Deal

3 weeks from now

Jan 24, 2025  · NEW YORK (Reuters) - Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company's years-long effort …

marketscreener.com

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Purdue Pharma’s Sacklers Agree To New $6.5 Billion Deal For …

3 weeks from now

Jan 23, 2025  · The new settlement reopens a path to ending Purdue’s chapter 11 case, the longest and costliest corporate bankruptcy stemming from the U.S. opioid epidemic.

wsj.com

FAQs about Bankrupt Purdue buys time to advance $7.4 billion opioid deal Coupon?

Will Purdue Pharma settle OxyContin lawsuits?

Purdue Pharma said on Friday it needs more time to build support for a new $7.4 billion settlement that could complete the company's years-long effort to resolve thousands of lawsuits over its addictive pain medication OxyContin. ...

Who owns Purdue Pharma?

The deal, agreed to by Purdue Pharma, the Sackler family members who own the company and lawyers representing state and local governments and thousands of victims of the opioid crisis, replaces a previous settlement deal that was rejected last year by the U.S. Supreme Court. ...

What happened to Purdue's bankruptcy settlement?

The previous Purdue bankruptcy settlement was struck down by the Supreme Court in June 2024. In a 5-4 decision, the justices said that Sackler family members could not be shielded from liability for civil claims related to the opioid epidemic. The original settlement would have required the Sacklers and Purdue to pay over $4.5 billion. ...

What is Purdue doing about the opioid crisis?

“We are extremely pleased that a new agreement has been reached that will deliver billions of dollars to compensate victims, abate the opioid crisis, and deliver treatment and overdose rescue medicines that will save lives,” Stamford, Conn.-based Purdue said in a statement. ...

Will Purdue's new opioid plan end the costliest corporate bankruptcy?

If approved, the new plan would end the costliest corporate bankruptcy resulting from the U.S. opioid crisis. Purdue, under the leadership of the Sackler families, invented, manufactured and aggressively marketed opioid products for decades, according to the lawsuits. ...

What happened to Purdue Pharma?

Purdue Pharma planned to exit bankruptcy last year under terms that gave the Sacklers a full release from all civil opioid claims even though they themselves were not declaring bankruptcy. In return, the Sacklers agreed to pay $6 billion. ...

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