Purdue Pharma, the maker of OxyContin, and its owners, the Sackler family, will pay nearly $275 million to settle a closely watched lawsuit brought by the state of Oklahoma, two months before the trial was set to begin, a person close to the situation said.
More than $100 million will go to fund a new addiction treatment and research center at Oklahoma State University in Tulsa. The Sacklers, who were not named in the lawsuit, will contribute an additional $75 million over five years to the center.
More than $70 million will go to pay Oklahoma cites, counties and tribes and to reimburse the state for its litigation costs. The package also includes $20 million in medicine for addiction treatment.
The agreement is to be announced by the Oklahoma attorney general’s office at a news conference Tuesday afternoon.
No more settlements with these assholes. Settlements are how we ended up here in the first place.
I get that it generates money for the state bringing the lawsuit, but these pay-outs have allowed Purdue to keep the horrendous impacts of their drugs quiet for years.