New Hampshire to Receive $30 Million over 10 Years as Purdue Pharma Settlement Takes Effect
The agreement resolves claims over OxyContin marketing and sends funds for treatment, prevention and recovery services.
- On Monday, Texas Attorney General Paxton announced that a $7.4 billion settlement with Purdue Pharma and the Sackler family has taken effect, resolving long-standing litigation over the company's role in the opioid crisis.
- Texas sued the OxyContin maker in 2018, accusing it of deceptively marketing opioid painkillers while downplaying addiction risks; the company filed for bankruptcy in 2019 following mounting lawsuits from a coalition of states.
- The state expects to receive about $286.5 million from the agreement, part of more than $3 billion in settlement funds, as Purdue's operations transferred to Knoa Pharma LLC, prohibited from marketing opioid products.
- Funds will support addiction treatment, recovery services, and prevention programs addressing the public health emergency, while the settlement requires releasing more than 30 million internal company documents and establishing an independent monitor.
- Efforts to curb the epidemic include the 'Friday Night Lights Against Opioids' pilot program targeting student-athletes, reflecting a broader national crisis where opioid-related overdoses have claimed thousands of lives in recent years.
16 Articles
16 Articles
New Hampshire to receive $30 million over 10 years as Purdue Pharma settlement takes effect
New Hampshire will be getting nearly $30 million now that a opioid settlement is going into effect with Purdue Pharma, the maker of Oxycontin, and its owners, the Sackler family.
NH To Get $30M Over 10 Years in Purdue Pharma Settlement
New Hampshire will receive nearly $30 million of the $7.4 billion settlement reached with Purdue Pharma and its owners, the Sackler family, which has now become legally effective, according to a news release from Attorney General John Formella.“This settlement represents years of determined work by attorneys general across the country to hold Purdue Pharma and the Sackler family accountable for their role in fueling the opioid crisis. For too lo…
Texas To Receive $286.5 Million From Purdue Pharma Settlement, Paxton Says
Texas is set to receive $286.5 million as part of a $7.4 billion settlement with Purdue Pharma and the Sackler family, Attorney General Ken Paxton announced. The agreement, which was finalized last year and has now taken legal effect, is part of broader efforts to hold the pharmaceutical company and its owners accountable for their role in the nationwide epidemic. In total, Paxton said Texas has secured more than $3 billion in total opioid-relat…
KDH man likely to get nothing from revised Purdue settlement
KILL DEVIL HILLS, N.C. (WAVY) — Blake Vuyevich was not happy when he read recent reporting from ProPublica and the Philadelphia Inquirer on the settlement involving Purdue Pharma involving addiction to its drug Oxycontin. But Vuyevich has not been happy about the situation for a long time, as we reported last year. After Purdue pleaded [...]
Attorney General Raoul's $7.4 Billion Opioid Settlement With Purdue Goes In Effect; Illinois To Receive An Estimated $148.8 Million
CHICAGO – Attorney General Kwame Raoul today announced that a $7.4 billion settlement reached with Purdue Pharma and its owners, the Sackler family, has become legally effective, capping nearly a decade of work by attorneys general from across the country who pursued investigations and litigation over Purdue’s and the Sackler family’s role in fueling the opioid crisis.Raoul and a bipartisan coalition of 55 attorneys general, representing all eli…
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