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June 02, 2023

Federal Appellate Court Clears Way for Purdue Pharma to Settle Opioid Claims & Shield Sackler Family

A May 30th Ruling from the U.S. Court of Appeals for the Second Circuit in New York City has paved the way for the end of the infamous pharmaceutical company, Purdue Pharma as it transitions to its new identity, Knoa Pharma. The federal judge has ordered the Sackler Family to spend over half of its collective fortune on restitutive efforts ranging from resolving various legal claims against the company to compensating victims of the opioid crisis which the company contributed to. In return, the federal judge has insulated the family from further liability relating to the matter. The family is also required to issue an apology to these victims. While some have celebrated this decision as a victory in the fight to end the opioid epidemic, others have criticized the decision as not being strong enough to prevent further similar instances.  

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