In its suit, Oklahoma sought $25 billion in damages and penalties over Purdue's push to lure doctors into prescribing Oxycontin for unauthorized uses to generate billions in profits. (Photo: Shutterstock)
Purdue Pharma LP and the Sackler family will pay $270 million to settle the state of Oklahoma's claims that illegal marketing of the Oxycontin painkiller devastated local communities, the first accord in a wave of lawsuits faced by the drugmaker.
The settlement comes two months before the scheduled start of a trial against Purdue Pharma, Johnson & Johnson and Teva Pharmaceutical Industries Ltd. in Norman, Oklahoma. Details of the agreement are scheduled to be announced by the state later Tuesday.
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