Judge Approves $7 B. Purdue Pharma Settlement, Potentially Ending Years-Long Legal Saga

Purdue Pharma’s years-long saga in the courts may finally be coming to a close. On Friday, federal bankruptcy judge Sean Lane approved the pharmaceutical company’s new deal to settle thousands of lawsuits related to its promotion of the highly addictive painkiller OxyContin.Purdue, founded and owned by the Sacklers, created and sold OxyContin beginning in the 1990s. Purdue filed for bankruptcy in 2019 amid over 2,500 lawsuits by states, local governments, hospitals, and individuals a