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The pharmaceutical giant says it is taking steps to resolve a multi-billion dollar, cancer-related lawsuit with thousands of individuals over claims that chemicals in their baby powder had caused certain cancers.
The Pharmaceutical giant say they are taking steps to resolve a multi-billion dollar cancer-related lawsuit with thousands of individuals over claims that chemicals in their baby powder had caused certain cancers.
A ruling upholding a disputed provision in the settlement would finally start the flow of payments from the company and its owners — members of the billionaire Sackler family — to cities, states, tribes, and individuals to help them cope with the costs of the ongoing opioid crisis.
The United States Supreme Court is set to hear arguments in relation to Purdue Pharma's $6 billion settlement after it filed bankruptcy over a series of legal challenges.
On Monday, the Supreme Court will take on one of its highest-profile bankruptcy cases in recent memory: Whether or not to approve OxyContin-maker Purdue Pharma’s controversial agreement that would give billions of dollars to victims of the opioid epidemic while protecting members of the Sackler family, who owned the company, from current and future opioid-related civil lawsuits.