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Purdue Pharma opiod settlement to be worth $12 billion

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Christian Fernsby |
Purdue Pharma
America   Purdue Pharma

OxyContin maker Purdue Pharma has reached a tentative multibillion-dollar agreement with some plaintiffs aimed at settling thousands of lawsuits over its alleged role in the U.S. opioid crisis.

Topics: Purdue Pharma opiod settlement

Reuters reported that on Wednesday, citing people familiar with the matter.

The settlement could be valued at up to $12 billion, they said, which would make it the largest such settlement in U.S. pharmaceutical history.

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