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Sackler family receives immunity in $6 billion opioid settlement

  • The Sackler family, owners of Purdue Pharma, will receive immunity from all current and future civil claims related to the company's role in the opioid crisis.
  • Purdue Pharma will be dissolved and restructured into a new entity known as Knoa Pharma,overseen by a public board and manufacturing medications for addiction treatment and OxyContin.
  • About $750 million from the settlement will go to families and individuals affected by the opioid crisis, with payments ranging from $3,500 to $48,000.
  • The ruling by a New York appeals court clears the way for Purdue Pharma's bankruptcy deal and protects the Sacklers from lawsuits over the toll of opioids.
  • Purdue Pharma misleadingly marketed Oxycontin as nonaddictive, contributing to an opioid crisis that has killed over a million Americans.
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