Federal judge approves opioid settlement for Purdue Pharma

The GuardianTuesday, November 18, 2025 at 4:31:30 PM
PositiveU.S News
Federal judge approves opioid settlement for Purdue Pharma
  • A federal bankruptcy court judge has approved Purdue Pharma's settlement plan, requiring the Sackler family to contribute up to $7 billion over 15 years to address the opioid crisis linked to 900,000 deaths in the US since 1999. This decision formalizes the company's commitment to resolving ongoing legal challenges.
  • This development is significant as it represents a substantial financial commitment from the Sackler family and Purdue Pharma towards mitigating the opioid epidemic, potentially influencing future legal and financial strategies for the company and its stakeholders.
— via World Pulse Now AI Editorial System

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A bankruptcy court judge has approved a settlement for Purdue Pharma, the manufacturer of OxyContin, resolving thousands of lawsuits related to the opioid crisis. This decision allows Purdue to move forward with its bankruptcy plan, which includes financial compensation for affected parties. The Sackler family, owners of Purdue, are expected to contribute significantly to the settlement amount.
Judge approves opioid settlement for Purdue Pharma and Sackler family members who own the company
PositiveU.S News
A federal bankruptcy court judge has approved Purdue Pharma's plan to settle thousands of lawsuits related to the opioid crisis. This decision allows the company, known for its OxyContin painkiller, to move forward with its bankruptcy proceedings. The settlement is seen as a significant step in addressing the legal challenges faced by Purdue Pharma and its owners, the Sackler family.