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Eugene

(61,595 posts)
Wed Sep 11, 2019, 04:55 PM Sep 2019

OxyContin maker reaches tentative opioid-crisis settlement

Source: Associated Press

HARTFORD, Conn. (AP) — OxyContin maker Purdue Pharma reached a tentative deal Wednesday with about half the states and thousands of local governments over its role in the nation’s deadly opioid epidemic, but criticism by several state attorneys general clouded prospects for an end to litigation against the company and the family that owns it.

Arizona Attorney General Mark Brnovich said the agreement included more money from the Sackler family, which had become a sticking point during the recent talks.

“Talks are progressing rapidly, but this is the quickest and surest way to get immediate relief for Arizona and for the communities that have been harmed by the opioid crisis and the actions of the Sackler family,” Brnovich told The Associated Press.

Sources with direct knowledge of the talks say that Stamford, Connecticut-based Purdue will pay up to $12 billion over time and that the Sackler family will give up control of the company. The sources spoke on condition of anonymity because they were not authorized to speak publicly.

-snip-

By GEOFF MULVIHILL and DAVE COLLINS
46 minutes ago


Read more: https://apnews.com/fcb693fee634449cb8a0dc146251b18d

5 replies = new reply since forum marked as read
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OxyContin maker reaches tentative opioid-crisis settlement (Original Post) Eugene Sep 2019 OP
Follow the Money Nictuku Sep 2019 #1
This doesn't seem like much of a punishment tikka Sep 2019 #2
Assuming there is a payment Aussie105 Sep 2019 #3
When listening to NPR, thyere will be no payments efhmc Sep 2019 #5
I remain concerned at a system bucolic_frolic Sep 2019 #4

Nictuku

(3,571 posts)
1. Follow the Money
Wed Sep 11, 2019, 05:00 PM
Sep 2019

I wonder just who will end up getting all that money? Somehow I doubt it will ever trickle down to the people who were harmed, or even pay the medical bills incurred.

tikka

(757 posts)
2. This doesn't seem like much of a punishment
Wed Sep 11, 2019, 09:16 PM
Sep 2019

considering the harm done and lives lost. The rich get away with paying a minuscule portion of their wealth. They can set back and enjoy their billions and the loss of all these lives is a minor PR inconvenience.

Aussie105

(5,215 posts)
3. Assuming there is a payment
Thu Sep 12, 2019, 05:34 AM
Sep 2019

of US $12 billion, who is this money going to?

Will it bring back the dead?

Will those parents - of whom I am one - who buried one of their children, be reimbursed for the funeral costs, and the pain and suffering that continues years later?

There are things money can't buy. The Sackler family need much more punishment than that. Multiple culpable homicide charges should be laid. There is definite negligence in not seeing potential problems from the start, and the head in the sand attitude while the problem grew.

It would have been so much better if the problem was seen much earlier, action taken, and those deaths avoided.

efhmc

(14,709 posts)
5. When listening to NPR, thyere will be no payments
Thu Sep 12, 2019, 10:54 AM
Sep 2019

to individuals. The money will go for foster care, rehab, teaching, etc.

bucolic_frolic

(42,679 posts)
4. I remain concerned at a system
Thu Sep 12, 2019, 08:23 AM
Sep 2019

where medicines are hyped by pharma sales reps to doctors who enable the flow to end consumers.

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