OxyContin maker Purdue to use trusts and Sackler cash to settle opioid lawsuits

The billionaire Sackler family, who own OxyContin maker Purdue Pharma, has agreed to pay nearly $4.3 billion to resolve thousands of lawsuits accusing them of fueling the opioid crisis in the United States.  The huge payment from the Sacklers is part of a larger restructuring plan filed by Purdue on Monday night that intends to get the Connecticut-based … Read more

Sackler family behind OxyContin make rare appearance at congressional hearing

Sackler family member who owns drug firm Purdue tells Congress ‘there’s nothing I would have done differently’ despite role OxyContin played in America’s devastating opioid crisis Kathe Sackler and David Sackler, who are members of the family that owns Purdue Pharma, appeared before the House Oversight Committee on Thursday It is the first time in … Read more

Jonathan Sackler, co-owner of Purdue Pharma, dies of cancer aged 65

Jonathan Sackler, co-owner of Purdue Pharma, dead of cancer at 65 Jonathan Sackler, one of the owners of Purdue Pharma, has died aged 65  His death was revealed in a court filing which lists the cause as cancer  Purdue, which makes painkiller OxyContin, is at the center of US opioid crisis Company is facing thousands … Read more