How much will I get from Purdue Pharma settlement?
Under the new settlement, the Sacklers will pay between $5.5 and $6 billion to a trust that will be used to pay the claims of opioid creditors, including states, victims of addiction, hospitals, and municipalities.
How much did Purdue Pharma pay for opioid settlement?
$6 billionMarch 3 (Reuters) - The Sackler family owners of Purdue Pharma LP reached a deal with a group of attorneys general to pay up to $6 billion in cash to resolve widespread litigation alleging that they fueled the U.S. opioid epidemic, bringing the OxyContin maker closer to exiting bankruptcy.
How much was the Sackler settlement?
$6 BillionAttorney General Formella Announces Up To $6 Billion National Settlement with Purdue Pharma and Sacklers; New Hampshire to Receive $46 Million if Agreement Approved. Attorney General John M.
What happened to the Purdue Pharma settlement money?
“We're pleased with the settlement achieved in mediation, under which all of the additional settlement funds will be used for opioid abatement programs, overdose rescue medicines and victims,” Purdue said in a written statement.
What is the latest on the Purdue Pharma lawsuit?
The latest settlement agreement includes a provision that the Sackler family gives up all ownership of Purdue Pharma. It will allow the company to move forward with its reorganization plan and rebrand to Knoa Pharma. A majority of the new company's profits will be used to lessen the ongoing crisis.
Who got the settlement from Purdue Pharma?
OAKLAND – California Attorney General Rob Bonta today announced a $6 billion settlement with Purdue Pharma and the Sackler family over their role in the opioid epidemic. As part of the agreement, the Sackler family must allow removal of the Sackler name from buildings and institutions.
Where is Richard Sackler today?
Sackler was married to Beth Sackler but is now divorced; they have three children: Rebecca, Marianna, and David. They have a charitable foundation, the Richard and Beth Sackler Foundation. He has lived outside Austin, Texas, since 2013.
Do the Sacklers still have money?
There are two key differences between the the latest Purdue settlement and the previous one struck last year: The Sacklers' cash contribution has gone up by at least $1.2 billion, and the attorneys general for all 50 states and the District of Columbia have now agreed.
How much did the Purdue family make from OxyContin?
$6 billionPurdue Pharma and the Sackler family reach $6 billion OxyContin settlement : NPR. Purdue Pharma and the Sackler family reach $6 billion OxyContin settlement The deal, hashed out over weeks of intense negotiations, raises the amount paid by the Sacklers by more than $1 billion.
How can I spend my opioid settlement money?
Principles for the Use of Funds from the Opioid Litigation (PDF)Spend money to save lives.Use evidence to guide spending.Invest in youth and family prevention.Focus on racial equity.Develop a fair and transparent process for deciding where to spend the funding.
Do the Sacklers still have money?
There are two key differences between the the latest Purdue settlement and the previous one struck last year: The Sacklers' cash contribution has gone up by at least $1.2 billion, and the attorneys general for all 50 states and the District of Columbia have now agreed.
Where is Richard Sackler today?
Sackler was married to Beth Sackler but is now divorced; they have three children: Rebecca, Marianna, and David. They have a charitable foundation, the Richard and Beth Sackler Foundation. He has lived outside Austin, Texas, since 2013.
Will there be a second season of Dopesick nation?
Dopesick premiered on October 13, 2021, on Hulu. On October 30, 2021, the first episode will be played at the Virginia Film Festival, followed by a conversation with Danny Strong and Beth Macy.