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All posts tagged "Purdue"

After slow start, opioid settlement money expected to flow to cities and counties

After slow start, opioid settlement money expected to flow to cities and counties

Money from legal settlements against opioid manufacturers, distributors and retailers will finally start to trickle out to Oklahoma cities and counties in 2024, almost four years after lawmakers set up a board to administer the funds.

More than 250 local governments told the Oklahoma Opioid Abatement Board they were interested in applying for the grants. The money is supposed to go toward treatment and recovery programs and opioid abuse education and prevention.

The Opioid Abatement Board has about $27 million available for local communities, school districts and public trusts. The Legislature controls another $37.6 million sitting in the Opioid Lawsuit Settlement Fund. Additional funds are expected in coming years since some settlements call for multi-year payouts. ...

Divided high court hears challenge to $6 billion Purdue opioid settlement

Divided high court hears challenge to $6 billion Purdue opioid settlement

Washington (AFP) - The US Supreme Court appeared divided on Monday as it heard a challenge to Purdue Pharma's $6 billion opioids settlement immunizing the Sackler family that controlled the drugmaker from future litigation. The Justice Department is arguing that the Sacklers, who earned tens of billions of dollars flooding the country with highly addictive opioids, should not gain sweeping legal protection in the controversial deal. Last year's agreement, which came after years of negotiations involving officials from all 50 US states, set aside $6 billion from the 2019 bankruptcy of Purdue, w......
Supreme Court to hear challenge to $6 billion Purdue opioid settlement

Supreme Court to hear challenge to $6 billion Purdue opioid settlement

Washington (AFP) - The US Supreme Court is to hear a challenge on Monday to Purdue Pharma's $6 billion opioids settlement immunizing the family that controlled the drugmaker from future litigation. The Justice Department is arguing that members of the Sackler family, who earned tens of billions of dollars flooding the country with highly addictive opioids, should not legally gain sweeping protection in the deal. Last year's settlement, which came after years of negotiations involving legal officials from all 50 US states, set aside $6 billion from the bankruptcy of Purdue, which made prescript......