Business Health US & Canada

Purdue Pharma Forfeits $225 Million

Purdue Pharma Forfeits $225 Million

A federal judge is set to deliver the sentence, which marks a pivotal moment in the decade-long effort to hold the Sackler family-owned company accountable.

While the company agreed to over $8 billion in fines in 2020, most of that will be waived to allow funds to flow to state and local governments for addiction treatment.

Victims of the crisis are expected to address the court, sharing harrowing stories of loss and devastation.

Some advocates continue to push for individual criminal charges against the company's owners despite the financial resolution.

Purdue Pharma (Canada)
Company in Pickering, Canada
Sackler family
American billionaire family
Oxycodone
Analgesic alkaloid (opioid)