Purdue Pharma agrees $12bn settlement in opioids case, plaintiffs’ lawyers say

Offer by company and Sackler family valued at up to $12bn, with company to fight opponents of deal in bankruptcy proceedings Purdue Pharma, the maker of OxyContin, has reached a tentative deal with about half the states and thousands of local governments over its role in Americas deadly opioid epidemic, but criticism by several state attorneys general clouded prospects for an end to litigation against the company and the family that owns it. Arizona attorney general Mark Brnovich said the agreement included more money from the Sackler family, which had become a sticking point during the recent talks. Talks are progressing rapidly, but this is the quickest and surest way to get immediate relief for Arizona and for the communities …

OxyContin maker filing for bankruptcy may shed light on wrongdoings

Purdue Pharma may be forced to file after talks broke down over settlement, allowing public to learn what really happened A leading addiction specialist has welcomed an anticipated decision by OxyContin maker Purdue Pharma to file for bankruptcy after settlement talks over the nations deadly overdose crisis broke down over the weekend. No deal is better than a bad deal, said Dr Andrew Kolodny, founder and executive director of Physicians for Responsible Opioid Prescribing. Kolodny, a longtime critic of opioid prescribing, said the proposed settlement would have left Purdue Pharma profiting from future sales of the drug that is widely held responsible for creating an opioid epidemic that has cost 400,000 American lives over the past two decades. Kolodny recently …

House of pain: who are the Sacklers under fire in lawsuits over opioids?

The Sackler name graced some of the worlds top museums and universities. But now key family members are being sued over the US opioid crisis and their wealth and reputation are under threat Eight members of the billionaire that eight people in a single family made the choices that caused much of the US deadly, deceptive illegal scheme. The family have long been lauded in philanthropy circles, and the Sackler name adorns top British and American museums, galleries and universities. But now their narcotics fortune, chiefly distributed via family foundations and trusts, is being growing number of people, and despite strenuous denials of wrongdoing, their reputations and vast wealth are under threat. They are responsible for addiction, overdose and death …

Can marijuana help end the opioids crisis?

In states where medical marijuana is legal, doctors write fewer opioid prescriptions and patients consume lower doses Legalization opponents call marijuana a gateway drug that leads users to more dangerous substances. But could it also be an exit drug that helps ease the opioids crisis? The data is scarce, but the anecdotes are plentiful. After more than a decade in the US air force, Jennifer Baxter needed foot surgery. It wasnt successful, and she had to have two more procedures to correct her severely disfigured, painful and mechanically incorrect foot. Baxter had had surgeries before, and had taken opioids to recover. But, as she tells it, this time she connected with a civilian doctor known for his generosity with pain …

Purdue Pharma agrees to settle OxyContin opioid case with Oklahoma

Purdue and the Sacklers to pay Oklahoma $270m in settlement over aggressive and illegal marketing of painkiller Members of the opioid epidemic, appear for the first time to have acknowledged a role in the public health crisis that overall has claimed more than 350,000 lives over the past two decades. The settlement does not reflect any admission of wrongdoing by the Sacklers. Oklahomas attorney general, Mike Hunter, called the settlement a monumental victory and a new day in battle against opioid epidemic. sued personally by more than 500 cities, counties and Native American tribes in a massive lawsuit in New York federal court last week. Paul Hanly, a US lawyer heading a different federal lawsuit, which is consolidating about 1,600 …