OxyContin maker Purdue Pharma is asking a judge to approve its latest plan to settle thousands of lawsuits over the toll of opioids
largely because of the opposition of the attorneys general for eight states and the District of Columbia.
In all, the settlement could be worth $10 billion or more over time. Most of the money is to be used by state and local governments to counter the crisis, although $750 million is to be distributed to victims of the crisis and their survivors. More than $100 million is being set aside for medical monitoring and payments for children born in withdrawal from opioids, and Native American tribes are in line for more than $150 million. Advocates say the money is essential to stemming the crisis.
It will be the first opportunity for them to address Sackler family members directly in a public setting. It's not clear which of the Sacklers will attend, but there are to be at least two of them — and they are not to speak.have long been cast as prime villains in the opioid crisis. The company has twice pleaded guilty to criminal charges over the way it promoted and sold its signature painkiller OxyContin, an innovative extended-release opioid painkiller first marketed in 1996.
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OxyContin maker seeks approval for latest settlement planOxyContin maker Purdue Pharma is asking a judge to approve its latest plan to settle thousands of lawsuits over the toll of opioids
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