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OxyContin-maker Purdue Pharma to pay $8. 3 billion settlement for its role in opioid crisis

Published Oct 21 2020 at 3:24 PM GMT
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  • The Department of Justice and Purdue Pharma have reached an $8.3 billion settlement regarding the OxyContin maker's role in the opioid crisis, the DOJ announced during a Wednesday press conference.
  • In addition, Purdue will plead guilty to charges of conspiracy to defraud the United States and violating federal anti-kickback laws, The Associated Press reports.
  • Purdue will plead guilty to offering doctors kickback payments if they wrote more prescriptions for Purdue's painkillers, as well as using health record software to push for those prescriptions.
  • The company will also have to admit it held up Drug Enforcement Administration investigations into the company as part of the settlement.
  • It will forfeit at least $2 billion to the federal government, pay at least a $3.54 billion criminal fine, and fork over $2.




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  • Published Oct 21, 2020 3:24 PM GMT