Purdue Pharma reportedly offers $10–$12 billion to settle more than 2,000 opioid cases

Purdue.
(Image credit: Getty Images)

The Sackler family is reportedly set to settle all its suits at once.

The Sackler-owned Purdue Pharma has agreed to offer $10–12 billion to settle cases involving its role in the opioid crisis, two people familiar with the deal tell NBC News. The more than 2,000 cases encompassed by the deal are from cities, states, and other municipalities who say the company facilitated the opioid outbreak across the U.S.

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The report comes just a day after Johnson & Johnson was ruled to be responsible for the opioid outbreak in Oklahoma and ordered to pay $572 million — far less than the $17 billion Oklahoma originally wanted. Purdue Pharma had previously reached a $270 million settlement with Oklahoma in that case, which was the first of more than 2,000 opioid suits to go to trial.

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Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.