Purdue Pharma, state of Oklahoma reach settlement in landmark opioid lawsuit

[BumRushDaShow]

Source: Washington Post



Purdue Pharma and the state of Oklahoma have agreed to settle a lawsuit over the drugmaker’s role in the deadly opioid crisis, a milestone in the legal effort to force pharmaceutical companies to pay some of the costs of the epidemic, people familiar with the matter said.

The deal, which is scheduled to be announced at a news conference Tuesday, will require Purdue and the family that owns the company to pay approximately $270 million. Most of the money will fund a new center for research, education and treatment of addiction and pain at Oklahoma State University in Tulsa.

Oklahoma is free to continue its lawsuit against two other defendants and their subsidiaries — Johnson & Johnson, the 37th-largest company in the United States, and Teva Pharmaceutical Industries, an Israel-based manufacturer that focuses mainly on generic drugs. The two companies, which have asked to be tried separately from Purdue, are slated to go to trial on May 28.

Lawyers in the case and a spokesman for Purdue declined to comment ahead of the planned announcement Tuesday.

Read more: https://www.washingtonpost.com/national/health-science/purdue-pharma-state-of-oklahoma-reach-settlement-in-landmark-opioid-lawsuit/2019/03/26/69aa5cda-4f11-11e9-a3f7-78b7525a8d5f_story.html

[donkeypoofed]

1. F.U. Spangler Family

While you already had riches in the hundreds of millions of dollars, and despite being told how addictive opioids would be, you wanted money you didn't need and put that shit up for sale anyways. Ya know, Spangler Family, you have alot of blood and bad karma coming your way - and NO amount of money can buy that away. I'd say good luck but you dont deserve it. F.U.

[BumRushDaShow]

2. They will probably have to do that

for all of lawsuits now!

[Yo_Mama_Been_Loggin]

3. K&R