"Purdue Pharma pleaded guilty to three federal criminal charges in November 2020, admitting it lacked an effective program to prevent its prescription painkillers from being diverted to the black market."
"The company also acknowledged paying doctors through a speakers program to prescribe opioids and compensating an electronic medical records company to promote opioid prescriptions."
"While Purdue produced only a fraction of the opioid pills that flooded the market, its aggressive sales of OxyContin have been seen as a significant factor in the opioid crisis."
Purdue Pharma is expected to forfeit $225 million to the Justice Department, allowing the company to settle thousands of lawsuits related to the opioid crisis. This penalty is part of a 2020 agreement to resolve federal investigations. The Sackler family, owners of Purdue, will pay up to $7 billion to various governments and victims. Purdue admitted to failing to prevent opioid diversion and incentivizing doctors to prescribe more opioids. The settlement could take effect on May 1, following years of legal proceedings.
Read at ABC7 Los Angeles
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