Members of the Sackler family who own OxyContin maker Purdue Pharma, maker of OxyContin, are willing to kick in more money – up to $6bn in total – to settle thousands of lawsuits over the toll of opioids as the company tries to work out a deal with state attorneys general who torpedoed an earlier settlement. The offer was detailed in a report filed on Friday in US bankruptcy court by a federal mediator who asked the court to let her have until the end of the month to broker a new settlement.
Under the latest proposal, the Sacklers would contribute between $5.5bn and $6bn, an increase from the $4.3bn they had agreed to in the original bankruptcy settlement.
The last of the money would not be paid out for 18 years, and the exact amount would depend on how much the family would make from selling its international drug companies.
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If they would have only handed out free OxyContin pipes.
ReplyDeleteTalk about insanity. Nobody makes ANYBODY take "pain pills". They seek them out. People commit felonies, engage in prostitution, commit all manner of atrocities to satisfy an ADDICTION. And ALL addictions are nothing but mental
ReplyDeleteweakness. I'm not a fan of Big Pharma.....they are for the most part corrupt and irredeemable. But it's not THEIR fault people CHOOSE to allow a desire for mind altering medications to take over their life.