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Purdue Pharma

A federal bankruptcy judge approved a controversial $8.3 billion settlement late Tuesday between Purdue Pharma and the Department of Justice.

The deal first unveiled last month stems from the company's decades-long manufacture and marketing of Oxycontin and other highly addictive opioid medications.

Under terms approved by Judge Robert Drain, Purdue Pharma will plead guilty to three felony counts of criminal wrongdoing.

As drug firms race to position themselves as key players in the coronavirus fight, the industry faces a renewed wave of civil lawsuits stemming from its role in the nation's deadly opioid epidemic.

Thousands of cases that ground to a halt because of the COVID-19 pandemic are moving forward again as local, state and federal courts reopen around the United States.

Updated at 1:22 p.m. ET

The family that owns Purdue Pharma pulled billions of dollars from the company after introducing its signature opioid medication, OxyContin, growing personally wealthy as the heavily marketed drug took on a significant role in a nationwide addiction crisis.

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The nation's three largest drug distributors and a drugmaker have reached a tentative deal to settle a lawsuit related to the nation's opioid crisis. 

Updated at 9:35 p.m. ET

New York state Attorney General Letitia James says the family that owns Purdue Pharma, maker of the opioid OxyContin, used Swiss bank accounts to transfer $1 billion from the company to itself.

The allegation, which came in court documents filed late Friday, indicates that the Sackler family is trying to keep its wealth free from potential liability in other court cases involving Purdue Pharma's role in the opioid crisis.

Purdue Pharma, the maker of the opioid drug OxyContin, has reached a tentative deal worth billions of dollars that would resolve thousands of lawsuits brought by municipal and state governments who sued the company for allegedly helping to fuel the opioid crisis.

The pending settlement likely means Purdue will avoid going to trial in the sprawling and complicated case involving some 2,300 local governments across 23 states.

Updated at 8 p.m. ET

The family that owns Purdue Pharma, maker of Oxycontin, has agreed to give up "the entire value" of the privately owned firm to settle claims that Purdue played a central role in the nation's deadly opioid epidemic.

That's according to a spokesperson for the firm, who detailed the Sackler family's offer in an email sent to NPR on Monday.

"Additionally, the Sacklers have offered $3 billion in cash as part of the global resolution," wrote Josephine Martin, Purdue Pharma's head of corporate affairs and communications.

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The family behind the maker of one of the main drugs blamed for the nation’s opioid crisis has reportedly offered 12 billion dollars to settle a federal case in Cleveland. 

Updated at 5:37 p.m. ET

Confronted with a torrent of lawsuits across the U.S., several major drug companies are in discussions with authorities to resolve thousands of opioid-related suits filed against them. A government source close to the negotiations tells NPR that Purdue Pharma, Johnson & Johnson, Endo International and Allergan are looking to cut deals.

Nearly 2,000 cities, towns and counties across America are currently participating in a massive multidistrict civil lawsuit against the opioid industry for damages related to the abuse of prescription pain medication. The defendants in the suit include drug manufacturers like Mallinckrodt, wholesale distributors McKesson and Cardinal Health, and pharmacy chains CVS and Walgreens.

Updated at 10:44 p.m. ET

For the first time, a federal court in Ohio is releasing a trove of data that offers far more detail about the size and scope of the nation's opioid epidemic — and about the role played by drug companies and pharmacies like CVS, Walgreens and Johnson & Johnson that profited from the rapid growth of prescription opioid sales.

Updated at 3:20 p.m.

The first of more than 1,600 lawsuits pending against Purdue Pharma, the maker of the opioid OxyContin, has been settled.

The drugmaker has agreed to pay $270 million to fund addiction research and treatment in Oklahoma and pay legal fees.

Oklahoma Attorney General Mike Hunter filed suit two years ago alleging Purdue helped ignite the opioid crisis with aggressive marketing of the blockbuster drug OxyContin and deceptive claims that downplayed the dangers of addiction.

America's big drugmakers and pharmacy chains are scrambling to respond to hundreds of lawsuits tied to the deadly opioid epidemic. Billions of dollars are at stake if the companies are found liable for fueling the crisis.

Even before judgments are rendered, companies like Purdue Pharma, Johnson & Johnson and CVS are already suffering damage to their reputations as evidence in civil suits reveals more about their internal workings.

OxyContin maker Purdue Pharma is asking a court to throw out a lawsuit filed by the Massachusetts attorney general accusing the company, its owners and top executives of deceiving patients and doctors about the risks of opioids. 

columbus.gov

The City of Columbus has filed a lawsuit against three drug manufacturers, five distributors and three individuals the city council president calls 'opinion leaders' for their alleged roles in the opioid crisis.

Ohio Public Radio

Republican Ohio Attorney General Mike DeWine has filed a lawsuit against five major drug companies, saying they have contributed to the opioid epidemic.