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The Guardian - US
The Guardian - US
World
Joanna Walters in New York and agencies

Judge to approve $7bn settlement with OxyContin maker that requires Sackler family members to pay victims

OxyContin pills.
‘The new agreement replaces one the US supreme court rejected last year, finding it would have improperly protected members of the family against future lawsuits.’ Photograph: Liz O Baylen/Los Angeles Times via Getty Images

A federal bankruptcy court judge on Friday said he would approve OxyContin-maker Purdue Pharma’s latest deal to settle thousands of lawsuits over the toll of opioids that includes some money for thousands of victims of the epidemic.

The deal overseen by US bankruptcy judge Sean Lane would require some of the multibillionaire members of the semi-reclusive Sackler family who own the company to contribute up to $7bn and give up ownership of the Connecticut-based firm.

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