purdue-pharma-settlement

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Purdue Pharma Bankruptcy Settlement Finalized, Launching Knoa Pharma with $5 Billion Family Contribution

Purdue Pharma's settlement resolving thousands of lawsuits over opioids takes effect on May 1, 2026, with the company being replaced by Knoa Pharma. The deal provides at least $7.4 billion, mostly from Sackler family members. It includes public release of 30 million company docum…

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