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6 Billion Dollars Penalty for Pharmaceutical Company Owner’s Family

The family of the company, which produces the drug 'OxyContin', which killed more than 500 people in the USA, agreed to pay 6 billion dollars in compensation. The family also expressed regret for what happened.
 6 Billion Dollars Penalty for Pharmaceutical Company Owner’s Family
READING NOW 6 Billion Dollars Penalty for Pharmaceutical Company Owner’s Family

The United States of America has been in a great struggle with the drug called ‘OxyContin’ for more than a year. This ultra-strong pain reliever, which can be severely addictive, usually given after surgery, caused opioid addiction in the country and killed more than 500 people.

Members of the Sackler family, one of the manufacturers of this drug and owner of Purdue Pharma, which went bankrupt, reached agreement on the penalty to be paid in the lawsuit for damages for the drug’s damages. According to the agreement, 6 billion dollars of the compensation amount, which could reach 10 billion dollars due to the social crisis caused by the drug, was determined as the share of the family.

The family expressed regret:

However, the settlement also demanded that the Sackler family relinquish control of the firm, which filed for bankruptcy due to lawsuits. Upon reaching the agreement, a statement came from the family. The shared statement included the following statements:

“Although the family has acted lawfully in all respects, OxyContin, a prescription drug that continues to help people with chronic pain, has brought unexpected grief and loss to so many families and communities. They sincerely regret that it became part of an opioid crisis that brought

In addition to Purdue Pharma, Johnson and Johnson and three major distributors agreed to pay a total of $26 billion in penalties as a result of lawsuits filed across the country for opioid addiction on February 25.

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