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posted by martyb on Tuesday March 26 2019, @10:48PM   Printer-friendly
from the it's-a-start dept.

Purdue Pharma settles opioid lawsuit for $270m

Purdue Pharma, the drug-maker owned by the billionaire Sackler family, has reached a $270m settlement in a lawsuit which claimed its opioids contributed to the deaths of thousands of people.

The deal with Oklahoma is the first settlement the US firm has struck amid some 2,000 other lawsuits it is facing linked to its painkiller OxyContin.

Purdue is one of several firms named in the claim which alleged they used deceptive practices to sell opioids.

[...]Under the settlement, Purdue will pay $102.5m towards the creation of a National Centre for Addiction Studies and Treatment at Oklahoma State University.

The Sacklers themselves said that they will contribute $75m over five years to the centre.

Also at CNN and NBC.

Previously: OxyContin Maker Purdue Pharma May File for Bankruptcy to Disrupt Lawsuits

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  • (Score: 2) by Runaway1956 on Wednesday March 27 2019, @02:10AM (1 child)

    by Runaway1956 (2926) Subscriber Badge on Wednesday March 27 2019, @02:10AM (#820446) Journal

    I don't think anyone questions that oxycontin is a good and useful drug, sometimes. Pushing drugs for profit is the issue here. Rewarding successful pushers is the issue.

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  • (Score: 0) by Anonymous Coward on Wednesday March 27 2019, @02:21AM

    by Anonymous Coward on Wednesday March 27 2019, @02:21AM (#820455)

    Here is what they did:

    1. Test "addictiveness" in in-patients who are sitting in a miserable room under doctor/nurse supervision
    - Result: p < 0.05 for pain killing but p > 0.05 for habit-forming

    2. Extrapolate the results of #1 to out-patients who are sitting at home watching TV and drinking beer when they pop a pill