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Purdue Pharma To Pay $7B+ In Historic Opioid Settlement: 'A Symbol Of Greed' Purdue Pharma To Pay $7B+ In Historic Opioid Settlement: 'A Symbol Of Greed'
Purdue Pharma To Pay $7B+ In Historic Opioid Settlement: 'A Symbol Of Greed' 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 $7.4 billion settlement with attorneys general from 15 states on Thursday, Jan. 23. The Sacklers have owned the company headquartered in Stamford, Connecticut, for decades. The settlement includes $6.5 billion from the Sackler family, with $1.5 billion to be paid immediately, and nearly $900 million from Purdue Pharma. Funds will be distributed to states, local governments, and victims ov…

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by Chris Spiker