Purdue Pharma, Sackler family members reach new opioid …

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 …

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Purdue Pharma, Sackler Family Members Reach New Opioid …

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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 …

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

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Jan 24, 2025 · In that deal, which took several years to reach, the Sacklers pledged to pay states, local governments and individual victims of the opioid crisis a total settlement of $6 billion.

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Purdue Pharma, Sacklers Enter $7.4B Opioid Settlement

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Jan 24, 2025 · Purdue Pharma and its Sackler family owners have entered a new $7.4 billion opioid settlement with 15 states. Other states will be asked to sign on to the settlement, which …

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Purdue Pharma, Sackler Family To Pay $7.4 Billion In Settlement To ...

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Jan 23, 2025 · The Sacklers agreed to pay up to $6.5 billion, Purdue to pay $900 million, for a total of $7.4 billion. It’s among the largest settlements reached over the past several years in a …

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Purdue Pharma And Sackler Family Members To Pay $7.4B In …

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Jan 24, 2025 · State AGs have reached a new opioid settlement worth $7.4 billion with Purdue Pharma and its owners. The settlement does not give Sackler family members immunity from …

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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 …

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Purdue And Sackler Family Agree To $7.4bn Opioid Settlement With …

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Jan 23, 2025 · The funds committed by the Sacklers and Purdue will be used over the next 15 years to fund opioid addiction treatment and recovery programmes, Texas’s attorney-general’s …

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

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Jan 24, 2025 · The Sacklers agreed to pay up to $6.5 billion and give up ownership of the company, which would pay nearly $900 million. ... Purdue Pharma and Sackler family to pay …

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Purdue Pharma, Sacklers Reach $7.4 Billion National Opioid …

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Jan 23, 2025 · NEW YORK (Reuters) -Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain …

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Purdue Pharma, Sacklers Reach $7.4B National Opioid Settlement

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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 …

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Purdue Pharma, Sackler Family Agree To $7.4B Opioid Settlement

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Jan 23, 2025 · Purdue Pharma and the members of the Sackler family who own the company agreed in principle to pay a $7.4 billion settlement to resolve thousands of lawsuits over their …

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Purdue Pharma, Sackler Family Owners Agree To Landmark $7.4B …

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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 caused a …

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CT, 14 Other States Reach $7.4B Deal With Sacklers, Purdue Pharma

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Jan 23, 2025 · Previously, the states had agreed to a $6 billion settlement from the Sacklers and Purdue Pharma, along with terms like a fresh apology, turning over documents, submitting to …

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Sackler Family, Purdue Pharma Agree To Pay $7.4B To Settle Opioid …

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If the settlement receives federal court approval, the Sacklers and Purdue Pharma will pay $1.5 billion in the first payment within a year followed by $500 million after year one, another $500 ...

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Sacklers, Purdue Pharma Reach $7.4 Billion Settlement In Opioid

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Jan 23, 2025 · The Sacklers and Purdue Pharma boosted their settlement contribution to $7.4 billion after the U.S. Supreme Court overturned a prior settlement in June 2024. If approved, …

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Purdue Pharma And Sacklers Settle Opioid Lawsuits For $7.4 Billion

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Jan 24, 2025 · Purdue Pharma and its owners, the Sackler family, have agreed to a $7.4 billion settlement aimed at resolving thousands of lawsuits connected to the company’s role in the …

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Purdue And Sackler Family Agree To $7.4bn National Opioid …

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Jan 24, 2025 · The settlement is the nation’s largest to date with individuals responsible for contributing to the opioid crisis. Under the terms of the deal, $7.4bn will be paid out by the …

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Supreme Court Overturns Opioid Settlement With Purdue Pharma …

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Jun 29, 2024 · The ruling upended a carefully-crafted settlement worth roughly $8 billion, and involving the Sackler family, which owns Purdue, and all the individuals, states and local …

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

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Jan 23, 2025 · Purdue Pharma will pay more than $7 billion for the corporation's role in fueling the opioid epidemic that has killed hundreds of thousands of Americans. The Sackler family and …

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States Reach $7.4B Opioid Settlement In Principle With Sacklers, …

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Jan 24, 2025 · UTICA, N.Y. — New York Attorney General Letitia James has announced that a bipartisan coalition of states, and other parties led by the Office of the Attorney General, have …

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Purdue Pharma, Owners Agree To $7.4B Settlement Over Opioid …

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Jan 23, 2025 · The Sacklers agreed to pay up to $6.5 billion, Purdue to pay $900 million, for a total of $7.4 billion. It's among the largest settlements reached over the past several years in a …

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Purdue Pharma And Sacklers Finalise $7.4 Billion Opioid Settlement

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Jan 24, 2025 · The Sacklers, known for their involvement in Purdue Pharma, have agreed to contribute $6.5 billion to the settlement, a figure designed to address the long-term impact of …

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Purdue And Sacklers Agree New $7.4bn Opioid Settlement

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Jan 24, 2025 · Purdue Pharma and the Sackler family who own the company have proposed a new $7.4 billion settlement to resolve thousands of lawsuits claiming they played a role in …

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NY To Receive Up To $250M In Landmark $7.4B Opioid Settlement

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Jan 23, 2025 · New York state could receive as much as $250 million to combat the opioid overdose epidemic under a $7.4 billion national settlement announced Wednesday with …

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Purdue Pharma, Owners To Pay $7.4B Settlement In OxyContin …

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Jan 23, 2025 · The Sackler family, which owns the company, will pay up to $6.5 billion over 15 years while Purdue Pharma will pay $900 million in a one-time payment for a total of $7.4 …

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Purdue's Sacklers Offer To Increase Contribution In New Opioid ...

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Jan 13, 2025 · Last year, the U.S. Supreme Court blocked Purdue Pharma's bankruptcy settlement of up to $6 billion, which would have shielded Sackler family members from …

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FAQs about Purdue Pharma, Sackler family members reach new opioid … Coupon?

Did Purdue Pharma and Sackler family agree to a $74 billion settlement?

Purdue Pharma and Sackler family agree to $7.4 billion settlement over opioid crisis. Funds to support addiction treatment, prevention, and recovery. ...

How much did the Sacklers pay Purdue?

The Sacklers agreed to pay up to $6.5 billion, Purdue to pay $900 million, for a total of $7.4 billion. It’s among the largest settlements reached over the past several years in a series of lawsuits by local, state, Native American tribal governments and others seeking to hold companies responsible for a deadly epidemic. ...

How much will the Sackler family pay for the opioid crisis?

This is the largest settlement with contributors to the opioid crisis in the U.S. The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years — while Purdue will pay nearly $900 million up front, if it's approved by the court. ...

Are the Sackler family negotiating a bankruptcy settlement for opioid lawsuits?

The Sackler family owners of Purdue Pharma are offering to increase their financial contribution to a bankruptcy settlement of opioid lawsuits, while agreeing to some exposure to future litigation, the Wall Street Journal reported on Monday. ...

What does the Sackler settlement mean for Purdue?

The settlement bars the Sackler family from selling opioids in the U.S. and ends its control of Purdue. This comes seven months after the Supreme Court overturned a prior deal with Purdue that would have given the Sackler family immunity from future opioid lawsuits, a provision that is not part of the new deal. ...

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, represents an increase of more than $1 billion over a previous settlement deal that was rejected last year by the U.S. Supreme Court. ...