The $48 billion offer is still a far cry from the estimated $504 billion in damages caused to the country in 2015 alone.
Tag: opioid settlements
Senator Urged AGs To Accept Settlement While On Sackler Payroll, Source Says
Allegations surrounding Luther Strange’s role in the opioid settlements have created a deeper partisan divide.
Johnson & Johnson Fined $107M Too Much In Opioid Settlement
“That’s the last time I use that calculator,” an Oklahoma judge said, according to CNN.
How Should The Money From The Opioid Settlement Be Spent?
Tight controls will be needed to guarantee that all funds support evidence-based methods of prevention and treatment.
Arizona Backs Out Of Purdue Settlement
Arizona’s attorney general indicated that in light of new information, the $3 billion that the Sacklers had agreed to pay is not enough.
Drug Companies Want Federal Judge Removed From Opioid Cases
Big Pharma lawyers argue that their clients will not get a fair trial with Judge Dan Polster because of his desire for a settlement.
Could The Purdue Settlement Set The Stage For A Public Pharma System?
“A United States public option for pharmaceutical production would address a range of problems in an industry rife with market failure.”
Sacklers Accused Of Concealing $1 Billion In Wire Transfers
The New York Attorney General’s office was able to identify shell companies that were used to conceal the Sacklers’ riches.
Purdue Reaches $10 Billion Settlement In Opioid Lawsuits
The deal does not include any admission of wrongdoing by Purdue Pharma or the Sackler family.
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.