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Oxycontin Maker Offers DOJ Settlement

Opioid Crisis Survivors
Jessica Hill
/
AP
The lawsuits allege thousands have died of opioid use after companies popularized prescription painkillers.

Connecticut-based drugmaker Purdue Pharma says it’s working out a deal with the Justice Department amid investigations into its role in the U.S. opioid crisis.

The company, maker of the drug Oxycontin, faces more than $8 billion in penalties. Purdue says it’s offered a total settlement that would top $10 billion and include a hundred percent of its assets. The company says the settlement would pay for addiction treatment and medicine to reverse overdoses.

Purdue Pharma filed for bankruptcy protection last year amid thousands of civil cases from around the country. Critics say Purdue’s deceptive marketing of Oxycontin played a role in the opioid epidemic that’s killed hundreds of thousands of Americans.

Davis Dunavin loves telling stories, whether on the radio or around the campfire. He started in Missouri and ended up in Connecticut, which, he'd like to point out, is the same geographic trajectory taken by Mark Twain.