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Oxycodone

Here’s what’s in the opioid settlement against OxyContin maker Purdue and the Sackler family Oxycodone

Here’s what’s in the opioid settlement against OxyContin maker Purdue and the Sackler family

Members of the Sackler family who own OxyContin maker Purdue Pharma must pay billions of dollars to settle a flood of lawsuits over the harms of opioids, in a new deal formally approved by a federal bankruptcy judge on Tuesday. The Sacklers must contribute up to $7 billion over 15…
bubmag
November 18, 2025
Court Greenlights Opioid Settlement Deal Involving Purdue Pharma and Sackler Family Oxycodone

Court Greenlights Opioid Settlement Deal Involving Purdue Pharma and Sackler Family

(AP) — On Tuesday, a federal bankruptcy court judge gave the green light to Purdue Pharma’s strategy to resolve numerous lawsuits related to the opioid epidemic, marking a significant step in addressing the devastating impact of OxyContin. Judge Sean Lane of the U.S. Bankruptcy Court was expected to articulate his…
bubmag
November 18, 2025
Opioid settlement with OxyContin maker Purdue and Sackler family could end years of legal battles Oxycodone

Opioid settlement with OxyContin maker Purdue and Sackler family could end years of legal battles

NEW YORK (AP) — A federal bankruptcy court judge on Friday said he will 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 U.S. Bankruptcy Judge Sean Lane…
bubmag
November 14, 2025
Minimal Opposition Arises to New Opioid Settlement Plan with Purdue Pharma and Sackler Family Oxycodone

Minimal Opposition Arises to New Opioid Settlement Plan with Purdue Pharma and Sackler Family

NEW YORK – A momentous decision awaits as stakeholders from various corners of the nation convene in a bankruptcy court this Friday. Lawyers representing Purdue Pharma, the maker of OxyContin, along with the Sackler family and an extensive array of claimants — including cities, states, counties, Native American tribes, and…
bubmag
November 14, 2025
Report: Consulting Firm, McKinsey, To Pay $650m To Resolve US Opioid Probe Oxycodone

Report: Consulting Firm, McKinsey, To Pay $650m To Resolve US Opioid Probe

McKinsey & Co has agreed to pay $650 million to resolve a U.S. Department of Justice investigation into the consulting firm’s work advising opioid manufacturer OxyContin maker Purdue Pharma on how to boost sales, according to a Reuters report. The report said that McKinsey has entered into a five-year deferred…
bubmag
December 16, 2024