Purdue Pharma, the makers and marketers of the highly addictive opioid OxyContin, and the family that owned the company, the Sackler family, have agreed to pay $7.4 billion to individuals, states, local governments and other claimants who suffered as a result of the drug, for their “instrumental role in creating the opioid crisis.”
The new settlement was announced on Thursday by 15 state attorney generals, including New York Attorney General Letitia James, just seven months after the U.S. Supreme Court struck down a previous settlement deal.