Opioid drugmaker Purdue Pharma offers $10-12 billion to settle opioid claims: Report

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Updated Tue, Aug 27, 2019, 4:24 PM

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NBC News is reporting OxyContin maker Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company for $10 to $12 billion, citing people familiar with the matter. In a statement, Purdue Pharma says it remains ready to defend itself in the opioid litigation. Yahoo Finance’s Alexis Keenan, Jen Rogers, Brian Cheung, and Myles Udland discuss.

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Opioid drugmaker Purdue Pharma offers $10-12 billion to settle opioid claims: Report

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