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A r u b a ’ s O N L Y E n g l i s h n e w s p a p e r
Aruba’s ONLY English newspaper
Purdue Pharma, U.S. states agree to new opioid settlement

By GEOFF MULVIHILL and In all, the plan could be
JOHN SEEWER worth more than $10 billion
Associated Press over time. It calls for mem- NEW
Purdue Pharma reached bers of the Sackler family
a nationwide settlement to give up control of the
Thursday over its role in the Stamford, Connecticut-
opioid crisis, with the Sack- based company so it can DEAL
ler family members who be turned into a new entity
own the company boost- with profits used to fight the
ing their cash contribution crisis. The deal would not
to as much as $6 billion in a shield members of the fam-
deal intended to staunch a ily from criminal charges,
flood of lawsuits facing the although there's no indica-
maker of OxyContin. tion any are forthcoming.
The deal follows an earlier Sackler family members
settlement that had been have not unequivocally
appealed by eight states offered an apology but is-
and the District of Colum- sued a statement of regret
bia. They agreed to sign on about the toll of OxyCon-
after the Sacklers kicked in tin, its signature painkiller,
more cash and accepted which users learned could
other terms. In exchange, be manipulated to pro-
the family would be pro- duce quick highs. Purdue Pharma's headquarters stands in Stamford, Conn., on Oct. 21, 2020.
tected from civil lawsuits. Continued on next page Associated Press