- The Sackler family, owners Purdue Pharma (OxyContin painkiller manufacturer), will emerge from bankruptcy with civil immunity while remaining billionaires.
- Purdue faced thousands of lawsuits pertaining to 250,000 opioid painkiller overdoses since 1999.
- After securing FDA approval (1995), Purdue pushed doctors to prescribe OxyContin.
- Under the settlement, the Sacklers will forfeit ownership of Purdue, sell their international painkiller subsidiary and contribute $4.5B (in tranches) towards a state-owned manufacturer until 2030.
- Critics complain the Sacklers will remain multi-billionaires (shifted $10.8B from Purdue since 2008) with immunity.
