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Purdue Pharma owners could pay $7.4 billion in new settlement to lawsuits over the toll of OxyContin

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Summary
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79% Informative

Members of the Sackler family who own OxyContin maker Purdue Pharma agree to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription painkiller.

The deal represents an increase of more than $1 billion over a previous settlement deal that was rejected last year by the U.S. Supreme Court .

It's among the largest settlements reached over the past several years in a series of lawsuits seeking to hold companies responsible for a deadly epidemic.

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semi-formal

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English

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53

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possibly offensive

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short-lived

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