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Purdue Pharma and Sackler Family Agree to $7.4 Billion Opioid Crisis Settlement

Marcus LeeThursday, Jan 23, 2025 12:31 pm ET
1min read


In a significant development in the ongoing opioid crisis, Purdue Pharma and the Sackler family have agreed to a $7.4 billion settlement to resolve thousands of lawsuits alleging their role in the deadly epidemic. The settlement, announced by New York Attorney General Letitia James, is the largest of its kind to date and will provide funding for opioid addiction treatment, prevention, and recovery programs across the country.

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