The company expressed satisfaction with the settlement’s potential to address the opioid crisis.
“We are extremely pleased that a new agreement has been reached that will deliver billions of dollars to compensate victims, abate the opioid crisis, and deliver treatment and overdose rescue medicines that will save lives,” a Purdue spokesperson said.
What’s Next
With the settlement in principle, all parties are finalizing details of Purdue’s new reorganization plan. If approved, the funds will be distributed to states, municipalities, and victims to address the ongoing impact of the opioid epidemic.