AG Bonta Helps Secure $7.4 Billion from Purdue Pharma and the Sackler Family for Fueling the Opioid Crisis
Published Date: Jan 23, 2025
- Categories
- Action Type Settlement
AG Rob Bonta today announced that the bipartisan States Negotiating Committee and other parties have reached a $7.4 billion settlement in principle with members of the Sackler family and their former company Purdue Pharma L.P. (Purdue) for their instrumental role in creating and exacerbating the opioid crisis. Purdue, under the Sacklers’ leadership, invented, manufactured, and aggressively marketed opioid products for decades, fueling waves of addiction and overdose deaths across the country. The settlement ends the Sacklers’ control of Purdue and ability to sell opioids in the United States, and will deliver funding directly to communities across the country over the next 15 years to support opioid addiction treatment, prevention, and recovery programs.