Pennsylvania Attorney General Dave Sunday announced, along with 54 other attorneys general, a $7.4 billion settlement with Purdue Pharma and owners, the Sackler family, regarding the company’s manufacturing and distribution of opioids that fueled a nationwide addiction epidemic.
The settlement resolves pending litigation against Purdue and the Sacklers, with those entities acknowledging their role in contributing to the epidemic with rampant production and aggressive marketing of opioids for decades.
The settlement also ends the Sacklers’ ownership of Purdue and their ability to sell opioids in the United States.
Pennsylvania is estimated to receive as much as $200 million from the settlement — over a period of 15 years — depending on how many municipalities sign off on the settlement terms.