Report: Purdue Pharma Offered $10-12 Billion To Settle Thousands Of Opioid Lawsuits

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Report: Purdue Pharma Offered $10-12 Billion To Settle Thousands Of Opioid Lawsuits
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The Sackler family is facing increasing blame for fueling the opioid crisis.

: Purdue Pharma, which is owned by the billionaire Sackler family, offered to pay $10 billion to $12 billion to settle more than 2,000 lawsuits against the company for its role in fueling the opioid crisis,—an effort to quell the escalating outrage and legal fallout against the family as a court ruling this week could pave the way for pharmaceutical companies to be held liable for the epidemic.

Purdue, the manufacturers of the painkiller OxyContin, are accused in thousands of lawsuits across the country of aggressively and deceptively marketing its painkillers to doctors, downplaying the risks of addiction.

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