Anonymous ID: ba29e6 March 26, 2019, 3:09 p.m. No.5910507   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>0593

Purdue Pharma agrees to $270 million settlement in Oklahoma opioid case

settled was rumor earlier\

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(Reuters) - OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company reached a $270 million settlement to resolve a lawsuit brought by the state of Oklahoma accusing the drugmaker of fueling an opioid abuse epidemic.

 

The settlement unveiled by Oklahoma Attorney General Mike Hunter on Tuesday was the first to result from a wave of lawsuits accusing Purdue of deceptively marketing painkillers, helping create a deadly crisis sweeping the United States.

 

Hunterโ€™s 2017 lawsuit was set to go to a jury on May 28 in what would have been the first trial from roughly 2,000 lawsuits filed in federal and state courts against Purdue and other drugmakers.

 

Hunter alleged Purdue, Johnson & Johnson and Teva Pharmaceutical Industries Ltd engaged in deceptive marketing that downplayed the addiction risk from opioids while overstating their benefits, contributing to the epidemic.

 

Opioids, including prescription painkillers, heroin and fentanyl, were involved in a record 47,600 overdose deaths in 2017 in the United States, according to the U.S. Centers for Disease Control and Prevention.

 

โ€œThe addiction crisis facing our state and nation is a clear and present danger,โ€ Hunter said. Of more than 3,000 Oklahomans admitted to hospitals last year for drug overdoses that they survived, 80 percent involved prescription opioids, he said.

 

The companies deny wrongdoing. Purdue has argued that U.S. Food and Drug Administration-approved labels for its opioids carried warnings about the risk of abuse and misuse associated with them.

https://www.reuters.com/article/us-usa-opioids-litigation/oxycontin-maker-purdue-reaches-270-million-settlement-in-oklahoma-opioid-case-source-idUSKCN1R70CH