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Maker of OxyContin agrees to $270M settlement in Okla.
By SEAN MURPHY and GE-
OFF MULVIHILL
Associated Press
OKLAHOMA CITY (AP) —
The maker of OxyContin
and the company's control-
ling family agreed Tuesday
to pay a groundbreaking
$270 million to Oklahoma
to settle allegations they
helped create the nation's
deadly opioid crisis with
their aggressive marketing
of the powerful painkiller.
It is the first settlement to
come out of the recent
coast-to-coast wave of
nearly 2,000 lawsuits against
Purdue Pharma that threat-
en to push the company
into bankruptcy and have
stained the name of the
Sackler family, whose
members rank among the
world's foremost philanthro-
pists.
"The addiction crisis facing
our state and nation is a
clear and present danger,
but we're doing something
about it today," Oklahoma Oklahoma Attorney General Mike Hunter speaks about a settlement with Purdue Pharma for opioid abuse, Tuesday, March 26, 2019.
Attorney General Mike Associated Press
Hunter said.
Nearly $200 million will go ments will get $12.5 million. pany denied any wrong- we've ever seen." come the first one in the
toward establishing a Na- The Sacklers are responsi- doing in connection with The deal comes two recent barrage of litigation
tional Center for Addiction ble for $75 million of the set- what Hunter called "this months before Oklahoma's to go to trial. The remaining
Studies and Treatment at tlement. nightmarish epidemic" and 2017 lawsuit against Purdue defendants still face trial
Oklahoma State University In settling, the Stamford, "the worst public health cri- Pharma and other drug May 28.
in Tulsa, while local govern- Connecticut-based com- sis in our state and nation companies was set to be- Continued on Next Page