State May Get $65 million in Opioid Settlement
Purdue Pharma reaches $4.3 billion settlement with multiple states.
Wisconsin could receive $65 million from a proposed $4.3 billion multistate settlement with Purdue Pharma and its owners, the Wisconsin Department of Justice announced Thursday.
In 2019, Attorney General Josh Kaul filed suit against Purdue alleging the maker of OxyContin helped ignite the drug crisis with deceptive marketing claims.
“It’s critical that we hold those responsible for the opioid epidemic accountable,” said Kaul in a statement announcing a proposed settlement. “No lawsuit can undo the destruction the opioid epidemic has caused. But by recovering funds from those whose unlawful conduct led to the opioid crisis, we can support prevention, treatment, and recovery programs and deter the kind of conduct that led to the epidemic.”
Since then, the bankruptcy plan has improved, Kaul said, providing tens of millions of dollars to help fight the opioid epidemic in Wisconsin while barring the Sacklers from the opioids business and making public documents exposing the role Purdue and the Sacklers played in fueling the opioid epidemic.
Under the terms of the proposed settlement, the Sacklers will be banned from the opioid business and Purdue must be sold or wound down by the end of 2024. The money states receive would help support opioid treatment, prevention and recovery programs. It’s one of several different court actions states and local governments have taken against opioid manufacturers, distributors and retailers. Wisconsin counties are currently trying to hammer out a potential settlement with opioid distributors.
The proposed resolution of the lawsuit by Kaul and other states — which was filed in bankruptcy court Wednesday night — is subject to approval.
Last year more than 1,100 people died from opioids, according to state data.
Listen to the WPR report here.
DOJ: Wisconsin Could Get $65M Under Proposed Opioid Settlement was originally published by Wisconsin Public Radio.
More about the Opioid Crisis
- Law Enforcement Agencies Awarded Grants from State Opioid Settlement Funds - Wisconsin Department of Health Services - Apr 18th, 2024
- MKE County: County Wins Award for Opioid Settlement Fund Usage - Graham Kilmer - Apr 4th, 2024
- MKE County: County Offering $2.8 Million For Opioid Addiction Programs - Graham Kilmer - Mar 28th, 2024
- Senator Baldwin Calls on House to Pass Bill that Cracks Down on Fentanyl Traffickers - U.S. Sen. Tammy Baldwin - Feb 15th, 2024
- Attorney General Josh Kaul announces $350 million settlement with marketing firm over its role in opioid epidemic - Wisconsin Department of Justice - Feb 1st, 2024
- Grants Will Fund Recovery Housing For Those Facing Homelessness and Battling Opioids - Margaret Faust - Jan 12th, 2024
- Baldwin Helps Advance Bipartisan Bill to Address Opioid and Fentanyl Crisis - U.S. Sen. Tammy Baldwin - Dec 14th, 2023
- DHS and DOJ Announce Dose of Reality Roundtable Discussions on Wisconsin’s Opioid Epidemic - Wisconsin Department of Health Services - Dec 6th, 2023
- Limited Supply of Narcan Prevents Milwaukee Groups From Saving Lives - Edgar Mendez - Dec 1st, 2023
- MUPD, Wisconsin Voices for Recovery partner to install Nalox-ZONE boxes on Marquette campus - Marquette University - Oct 12th, 2023
Read more about Opioid Crisis here