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Tentative Opioid Deal Announced

A tentative settlement involving Purdue Pharma’s role in the nation’s opioid addiction crisis falls short of a national settlement. “The agreement with about half the states and attorneys representing roughly 2,000 local governments would have Purdue file for a structured bankruptcy and pay as much as $12 billion over time, with about $3 billion coming from the Sackler family,” according to The Associated Press. “That number involves future profits and the value of drugs currently in development.”

Read the whole story at Associated Press »

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