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Sackler family and states agree to $6B Purdue Pharma settlement

Members of the Sackler family who own Purdue Pharma have reached a deal with U.S. states to pay as much as $6 billion in cash to end widespread litigation against the OxyContin maker over its role in the nation's opioid epidemic.

Why it matters: The deal, which was announced on Thursday but still must be approved by a judge, would give states and local governments billions of dollars for treatment programs.


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