The deal does not include any admission of wrongdoing by Purdue Pharma or the Sackler family.
Tag: opioid lawsuits
'Kingpin Within the Drug Cartel' Tries to Avoid Federal Opioid Trial
Mallinckrodt has proposed to settle with two Ohio counties, which would allow the drug maker to avoid a forthcoming federal opioid trial in October.
Courtney Love Refuses to "Sell Out" to OxyContin Heiress at NYFW, Takes It to Instagram
“This request from Joss Sackler is shameless and offensive after everything I, many of my friends, and millions of other addicts have been through with OxyContin,” Love told Page Six.
OxyContin Maker Expected To File for Bankruptcy
Purdue Pharma is expected to file for bankruptcy protection as the company reportedly failed to settle thousands of opioid lawsuits against them.
Purdue Pharma Would Pay Billions In Proposed Opioid Settlement
The newly proposed deal would involve the Sackler family giving up control of Purdue, and paying at least $3 billion toward the settlement.
What To Expect After The Johnson & Johnson Verdict
The Oklahoma ruling has changed expectations for how other opioid trials will be resolved.
Johnson & Johnson Ordered To Pay $572 Million For Role In Oklahoma Opioid Crisis
According to the ruling, the pharmaceutical company “engaged in false and misleading marketing of both their drugs and opioids generally.”
Two Drugmakers Settle Ahead Of Federal Cases
Endo and Allergan will still face ongoing litigation with dozens of other municipalities.
Sacklers "Siphoned" Money From Purdue To Avoid Payouts, Lawsuit Alleges
A spokesperson for the Sackler family said that they were within their rights as shareholders to withdraw profits from Purdue Pharma.
States Fight For Control Over Opioid Master Settlement
A coalition of 39 state attorneys general signed a letter stating that the negotiations should be left up to the states, not local governments.