Tag Archives: Purdue

Purdue inks multibillion-dollar opioid deal with thousands of local governments, 23 states: reports

Purdue Pharma has entered the first major opioid settlement. The company, whose OxyContin played a role in the opioid epidemic, plans to file for bankruptcy imminently and restructure under an agreement with 23 states and nearly 2,300 cities, counties and tribes, according to the New York Times.   Under the deal, Purdue’s founding family—the Sacklers—will pay plaintiffs $ 3… Read More »