Bottles of prescription painkiller OxyContin on a shelf at a pharmacy in Provo, Utah, the US. Picture: REUTERS/GEORGE FREY
Purdue agreed to pay $225m towards a $2bn criminal forfeiture, with the justice department forgoing the rest if the company completes a bankruptcy reorganisation dissolving itself and shifting assets to a “public benefit company”, or similar entity, that steers the unpaid portion to thousands of US communities suing it over the opioid crisis.
Neither the Sacklers nor any Purdue executives were criminally charged. The agreement does not release any individuals associated with Purdue from potential criminal liability. A separate justice department criminal investigation scrutinising individuals is ongoing, according to people familiar with the matter.
Sackler family members, in a statement, said when they were on the board, “we adopted rigorous policies requiring Purdue to be in full compliance with the law”, adding that they relied on management assertions the company acted lawfully. Purdue reaped more than $30bn from sales of OxyContinovover the years, enriching Sackler family members while funnelling illegal kickbacks to doctors and pharmacies, US and state officials have alleged.
"[The justice department] failed. Justice in this case requires exposing the truth and holding the perpetrators accountable, not rushing a settlement to beat an election,” said Massachusetts attorney-general Maura Healey, who has conducted her own probes, adding that she was “not done” with Purdue and the Sacklers.
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