{"id":2019,"date":"2019-08-28T01:59:51","date_gmt":"2019-08-28T01:59:51","guid":{"rendered":"http:\/\/ctcps.org\/blog\/?p=2019"},"modified":"2019-08-28T15:15:56","modified_gmt":"2019-08-28T15:15:56","slug":"purdue-pharma-in-talks-over-multibillion-dollar-deal-to-settle-more-than-2000-opioid-lawsuits","status":"publish","type":"post","link":"https:\/\/blog.ctcps.org\/?p=2019","title":{"rendered":"Purdue Pharma in talks over multibillion-dollar deal to settle more than 2,000 opioid lawsuits"},"content":{"rendered":"<p>The Washington Post\u00a0 |\u00a0\u00a0<span class=\"by-lbl\">By\u00a0<\/span><a class=\"author-name\" href=\"https:\/\/www.washingtonpost.com\/people\/lenny-bernstein\/\">Lenny Bernstein<\/a>\u00a0<span class=\"byline-divider-lbl\">and\u00a0<\/span><a class=\"author-name\" href=\"https:\/\/www.washingtonpost.com\/people\/scott-higham\/\">Scott Higham<\/a>\u00a0 |\u00a0\u00a0<span class=\"author-timestamp\">August 27 at 8:06 PM\u00a0\u00a0<\/span><\/p>\n<p data-elm-loc=\"1\">Drugmaker Purdue Pharma is negotiating a multibillion-dollar settlement with lawyers for local and state <img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.washingtonpost.com\/resizer\/Fgxeu139f1DOtP9QOISBhJywf7s=\/1484x0\/arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com\/public\/4RB6PTGJEMI6TIP6ZJDORVLTYA.jpg\" width=\"378\" height=\"252\" \/>governments that would resolve about 2,000 lawsuits against the company, which would declare bankruptcy as part of the deal.<\/p>\n<p data-elm-loc=\"2\">The Sackler family, which owns the company, would relinquish control and contribute at least $3 billion in personal funds to the settlement, which could total as much as $12 billion, according to three people familiar with the talks.\u00a0 <a href=\"https:\/\/www.washingtonpost.com\/health\/purdue-pharma-in-talks-over-multibillion-dollar-deal-to-settle-more-than-2000-opioid-lawsuits\/2019\/08\/27\/7cf50ed4-c914-11e9-be05-f76ac4ec618c_story.html?wpisrc=al_news__alert-hse--alert-national&amp;wpmk=1\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Washington Post\u00a0 |\u00a0\u00a0By\u00a0Lenny Bernstein\u00a0and\u00a0Scott Higham\u00a0 |\u00a0\u00a0August 27 at 8:06 PM\u00a0\u00a0 Drugmaker Purdue Pharma is negotiating a multibillion-dollar settlement with lawyers for local and state governments that would resolve about <\/p>\n<p class=\"readMore\"><a class=\"read-more\" href=\"https:\/\/blog.ctcps.org\/?p=2019\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,59],"tags":[770,769,777,778],"class_list":["post-2019","post","type-post","status-publish","format-standard","hentry","category-showcase","category-patient-safety-activism","tag-opioid-crisis","tag-purdue-pharma","tag-sakler-family","tag-settlement"],"_links":{"self":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts\/2019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2019"}],"version-history":[{"count":2,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts\/2019\/revisions"}],"predecessor-version":[{"id":2030,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=\/wp\/v2\/posts\/2019\/revisions\/2030"}],"wp:attachment":[{"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ctcps.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}