Sackler Family and Purdue Pharma Agree to Enhanced $7.4 Billion Opioid Settlement

Settlement Amount:
The Sackler family and Purdue Pharma have agreed to a new $7.4 billion settlement to resolve mass opioid litigation across 15 states12.

Payment Structure:
The Sacklers will pay up to $6.5 billion over a 15-year period, while Purdue will contribute $900 million12.

SCOTUS Ruling:
The new agreement follows a U.S. Supreme Court ruling in June 2024 that invalidated a prior $6 billion bankruptcy plan with Purdue12.

End of Sackler Control:
The settlement ends the Sacklers' control of Purdue Pharma and their ability to sell opioids in the United States24.

Funding Allocation:
The $7.4 billion will be distributed directly to communities across the U.S. over the next 15 years to support opioid addiction treatment, prevention, and recovery programs24.

Liability Protection:
The Sacklers will no longer have liability protection from future lawsuits as previously demanded24.

Participating States: The settlement includes 15 states:
California, Colorado, Connecticut, Delaware, Florida, Illinois, Massachusetts, New York, Oregon, Pennsylvania, Tennessee, Texas, Vermont, Virginia, and West Virginia34.

Sources:

1. https://www.law.com/americanlawyer/2025/01/23/states-reach-new-74b-opioid-deal-with-purdue-after-scotus-ruling/

2. https://abc7.com/post/sacklers-purdue-pharma-reach-74-billion-settlement-opioid-lawsuits/15829844/

3. https://www.opioidsettlementtracker.com/globalsettlementtracker

4. https://www.texasattorneygeneral.gov/news/releases/attorney-general-ken-paxton-secures-74-billion-settlement-purdue-pharma-and-sackler-family-role