Purdue Pharma has support from 23 states for a tentative deal on opioid litigation, people familiar with the talks say, but other states are holdouts
Purdue Pharma LP has secured support from 23 states and thousands of local governments for a multibillion-dollar deal that could enable the drugmaker to resolve much of the opioid litigation it faces through a planned bankruptcy restructuring, according to people familiar with the matter.
The embattled OxyContin maker and its owners, the Sacklers, have been fighting some 2,500 lawsuits brought by virtually every state as well as cities, counties, Native American tribes and others accusing the company of helping fuel widespread...
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