Skip to main content

Purdue Pharma owners willing to pay up to $6bn to settle opioid suits

Members of Sackler family would contribute sum over 18 years under latest proposal

Members of the Sackler family who own OxyContin maker Purdue Pharma, maker of OxyContin, are willing to kick in more money – up to $6bn in total – to settle thousands of lawsuits over the toll of opioids as the company tries to work out a deal with state attorneys general who torpedoed an earlier settlement.

The offer was detailed in a report filed on Friday in US bankruptcy court by a federal mediator who asked the court to let her have until the end of the month to broker a new settlement.

Continue reading...

from The Guardian https://ift.tt/fOeXkFU
Labels:

Comments

Post a Comment

Popular posts from this blog

Despite Unleashing COVID-19, Expert Predicts China Could Emerge from Pandemic with Even Stronger Hold on Other Nations

Tensions between the US and China are growing, fueled by COVID-19 and accusations of dishonesty. One result is Americans are suing Beijing, seeking to hold it accountable for the worldwide pandemic. Those efforts could backfire, however, such that China not only evades consequences but potentially benefits from the pandemic. from CBNNews.com https://ift.tt/3aVp0Ba
Post a Comment
Read more