MONTPELIER, Vt. (WCAX) – Members of the Sackler family who own OxyContin-maker Purdue Pharma, and the company itself, have agreed to pay up to $7.4 billion to settle lawsuits over the toll of the powerful prescription painkiller. And Vermont would get a share of that money.
Thursday’s deal is more than $1 billion more than a previous settlement deal that the U.S. Supreme Court rejected last year.
If this agreement is approved, Vermont Attorney General Charity Clark says the state would get more than $22 million right away, rather than being paid over 18 years as was the case in the previous settlement.