Purdue, Sackler Household Attain New $7.4 Billion Opioid Settlement

Bankrupt Purdue Pharma LP and its house owners have agreed to pay $7.4 billion to a bunch of US states and different events to settle long-running litigation over OxyContin’s position within the lethal opioid epidemic.

The deal comes after the US Supreme Courtroom final 12 months rejected a $6 billion pact that may have protected Purdue’s house owners, members of the billionaire Sackler household, from any additional litigation associated to the habit disaster. Thursday’s settlement in precept doesn’t give the household computerized safety from future litigation, New York Legal professional Normal Letitia James mentioned in a assertion.