If approved, Purdue Pharma will contribute $900 million upfront while the Sackler family pays $6.5 billion over the next 15 years – a $500 million increase from the previous settlement.

Potentially $57 million, according to a proposed settlement agreement with the family that once owned Purdue Pharma and has been sued by several states to account for its role in the opioid crisis.

The Sackler family owned and operated Purdue Pharma, LLP, which manufactured OxyContin and advertised the drug as being less addictive. The drug’s effects and use has been far-reaching because ...

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The family-owned Purdue Pharma became a household name in the US as the maker and promoter of the prescription painkiller OxyContin, which was promoted as safe, despite being aware it was highly ...

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 Purdue Pharma reached a ...

And so it continued to generate billions for the company. Purdue Pharma is privately-owned so it’s hard to get exact figures on how much it earned from Oxycontin – it doesn’t publish annual ...

Purdue Pharma and the Sackler family who controlled it have agreed to pay up to $7.4bn (£6bn) to settle claims regarding its powerful prescription painkiller OxyContin. The deal represents an ...

Pfizer Settles Its Subsidiary’s Kickback Allegations for Nearly $60 Million - Pfizer Inc. agreed to pay over $59,746,277 to ...

The Sackler family who owned Purdue Pharma still have tens of billions of dollars in assets, and the U.S. government earned tax revenue from the associated increase in GDP. Re “Canadian health ...

A judge in the US has approved the sale of Purdue Pharma’s consumer health business ... s assets will be transferred to a new company, not owned by the Sacklers, that will devote its profits ...