OxyContin-maker Purdue Pharma reaches opioid settlement with Oklahoma Attorney General: Source

Visits: 8

OxyContin-maker Purdue Pharma has reached an agreement with the Oklahoma Attorney General’s office to settle a lawsuit that accused it of helping ignite the nationwide opioid crisis, a person familiar with the situation confirmed to CNBC.

div > div.group > p:first-child”>

The details of the settlement are expected to be released at a press conference Tuesday afternoon.

Purdue and other manufacturers faced a trial in May in a case brought by Oklahoma Attorney General Mike Hunter. Accusations against the Stamford, Connecticut-based company include downplaying the addiction risk of opioids while overstating the benefits.

A spokesperson for Oklahoma Attorney General’s office declined to comment. Purdue Pharma did immediately not respond to a request for comment.

This is a developing story. Please check back for updates.

Source