Purdue Pharma won the support of general prosecutors of 55 US states and territories for its regulation of $ 7.4 billion to resolve thousands of opioid proceedings against the drug manufacturer and its owners, members of the Sackler family.
A executive for regulations had been announced in January by the Prosecutor General of New York Letitia James and other states, and the support announced on Monday could help Purdue Pharma to win the court for its bankrupt reorganization.
Payment of $ 7.4 billion is intended to resolve complaints that the pain medication of the drug manufacturer Oxycontin caused a national crisis in dependence on opioids.
It includes around $ 6.5 billion from the Sacklers and around $ 900 million in Purdue Pharma.
Payments would start after the drug manufacturer won sufficient support for creditors for his plan in Chapter 11. Money would go to individuals, governments of states and local and American tribes, and the Sacklers ceded control of Purdue and would be prohibited from selling opioid in the United States.
“For decades, the Sacklers have put profits from people and played a leading role in the food of the epidemic,” James said in a statement. “Although no sum of money can fully cure the destruction they have caused, these funds will save lives and help our communities to retaliate against the opioid crisis.”
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According to several lawyers general, the agreements on Monday do not include Oklahoma, which in 2019 concluded a regulation of $ 270 million with Purdue Pharma and the Sacklers to resolve complaints related to opioids.
Last June, the United States Supreme Court rejected a previous regulation which would have given sketches broad immunity against civil proceedings linked to opioids. The Sacklers would have paid about $ 6 billion under the regulations.
More than 850,000 people have died of overdoses linked to opioids since 1999, according to the centers for Disease Control and Prevention American, although deaths have recently decreased.
In 2022, Purdue agreed to pay $ 150 million in Canadian provinces and territories to resolve a collective appeal against society during the opioid crisis in Canada. The sum was the largest regulation for a government health claim in Canadian history.
– with additional global news files