Opioid Settlements

Monday, May 04, 2026

Purdue Pharma officially ended operations Friday, a year after the Sackler family reached a $7.4 billion settlement with a coalition of state attorneys general for the company's inescapable role in fueling America's devastating opioid crisis.

Posted by C0RI0LANUS at 06:32 PM | 4 COMMENTS | permalink | Comment on This Entry |

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Purdue and the Sackler family knew at all times how dangerous their product was, but kept fraudulently and deceptively marketing it to sell more and more opioids, addict more and more people, and make more and more money. They knew what they were doing, and they did it anyway.

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-- Attorney General Keith Ellison (@ag.state.mn.us) May 4, 2026 at 1:10 PM

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"Under this settlement, the Sackler family will pay up to $6.5 billion over 15 years, and Purdue Pharma will contribute an additional $900 million upon court approval of its bankruptcy. Up to $250 million of the settlement will be directed towards opioid treatment, prevention, and recovery programs in New York.

As part of the settlement, the Sackler family is permanently banned from ever manufacturing, selling, or marketing opioids in the US and will no longer control Purdue."

NYS AG Letitia James: "This company that put profits over people for decades is now shut down forever."

#1 | Posted by C0RI0LANUS at 2026-05-04 01:50 AM | Reply

The Sackler School of Medicine: Established in 1972 at Tel Aviv University, the school was a major philanthropic project of Arthur, Mortimer, and Raymond Sackler.

Removal of Name: Following global trends, TAU removed the Sackler name from its U.S.-facing medical program in 2022 and the full Faculty of Medicine in June 2023.

Renaming: The faculty is now known as the Gray Faculty of Medical and Health Sciences following a donation from the Gray Foundation, while the Biophysics prize was renamed to the Tel Aviv University International Prize in Biophysics.

Initial Resistance: Contrary to many U.S. institutions, TAU initially refused to remove the name, stating in 2019 that it would not act until court cases in the US were resolved.

Context: The Sackler family is widely accused of contributing to the U.S. opioid epidemic through their company, Purdue Pharma, particularly through the marketing of OxyContin.

#2 | Posted by Rightistrite at 2026-05-04 09:41 PM | Reply

And yet...the Sacklers aren't in jail.

Why? Because this is America.

China would have executed them.

#3 | Posted by Sycophant at 2026-05-04 10:46 PM | Reply

Opioids was just another weapon used by the oligarchs to enrich themselves while killing poor Americans.

No wonder the oligarchs and Republicans don't want Americans to have universal healthcare.

Countries with universal healthcare would fight tooth-and-nail to avoid such a plague bankrupting their medical systems.

In the 19th century, the oligarchs of the British Empire enriched themselves while pushing opium on the people of China.

#4 | Posted by C0RI0LANUS at 2026-05-05 12:32 AM | Reply