Purdue Pharma $7.4B Opioid Settlement Wins 55 State and Territory Backing

From Quiver Quantitative: 2025-06-17 00:10:00

Purdue Pharma gains support from 55 state attorneys general for a $7.4 billion opioid settlement, excluding Oklahoma. The deal, an increase from a previous proposal, aims to resolve claims related to the Sackler family’s involvement in the crisis. The Supreme Court’s rejection of an earlier agreement led to a more robust settlement structure. Funds will be distributed over 15 years for treatment, prevention, and community relief programs. Once a bankruptcy judge approves, the money will go to affected communities. Advocates stress the need for urgent action to address the ongoing public health crisis caused by opioid misuse.



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