The Sackler Family Will Pay $6B for Immunity From Opioid Liability – Robb Report
The Sackler family behind Purdue Pharma will also give up control of their company for legal protections, as ruled by a N.Y court.
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The Sackler family behind Purdue Pharma will also give up control of their company for legal protections, as ruled by a N.Y court.
Purdue will be rebranded as Knoa Pharma, which will be overseen by a public board, and all its profits will be transferred to funding efforts aimed at treating addiction.
Purdue will be rebranded as Knoa Pharma, which will be overseen by a public board, and all its profits will be transferred to funding efforts aimed at treating addiction.
The money will fight the ongoing opioid epidemic in exchange for legal protections against Purdue Pharma, a New York court of appeals ruled.