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OxyContin maker bankruptcy deal goes before
the Supreme Court on Monday, with billions
at stake

Original Article

Posted By: 4250Luis, 12/4/2023 6:08:57 AM

The Supreme Court is hearing arguments over a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids. The agreement hammered out with state and local governments and victims would provide billions of dollars to combat the opioid epidemic. The Sacklers would contribute up to $6 billion and give up ownership, and the company would emerge from bankruptcy as a different entity, with its profits used for treatment and prevention. But the justices put the settlement on hold during the summer, in response to objections from the Biden administration. Arguments take place Monday.

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Reply 1 - Posted by: Corndoggies 12/4/2023 7:53:24 AM (No. 1610174)
Go watch the series Dopesick and tell me if you agree with no prison time. They knew exactly what they were selling and how addictive oxy is. And who gets the 6 billion? Does one person or family that was personally affected get any money?
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Reply 2 - Posted by: Kate318 12/4/2023 9:46:20 AM (No. 1610269)
I realize that this drug is dangerous, but so are many prescriptions that people take every day. If you’re going to sue the pharmaceutical companies, then you have to sue the medical establishment that sanctioned its use. Any of us dealing with the modern American medical community must understand that we do so at our own risk. Yes, there are many life-saving drugs out there, but there are even more drugs that can have disastrous effects on the human body, especially when taken over the long term. We must do our own research and understand that, despite the many wonderful things modern medicine has given us, it is also the third highest cause of death is the US.
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