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International Business Times
International Business Times
Business

Sacklers, Purdue To Pay $7.4 Bn Over Opioid Crisis

Purdue Sacklers Mortimer Sackler Letitia James Purdue Pharma United States
Purdue Pharma's OxyContin, one of the main prescription opioids that stoked the US addiction and overdose epidemic beginning in the early 2000s (Credit: AFP)

Several US states have reached a $7.4 billion settlement with the Sackler family and their pharmaceutical company Purdue over the opioid crisis that has ravaged the lives of millions of Americans, officials said Thursday.

The opioid crisis, which has caused more than 500,000 deaths over 20 years in the United States, has triggered a flurry of lawsuits against drugmakers, distributors and pharmacies from victims and the authorities.

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