Judge set to rule on Purdue Pharma's opioid settlement plan

A U.S. bankruptcy justice is expected to regularisation Wednesday connected a program for OxyContin shaper Purdue Pharma to settee thousands of lawsuits brought by authorities and section governments and others implicit its relation successful the nation's opioids crisis.

The woody could beryllium worthy $10 billion, with currency coming from members of the Sackler household who ain the company. Under the deal, the Sacklers would springiness up ownership of the institution and get extortion from lawsuits implicit opioids.

Purdue would beryllium remade into a caller institution with profits being utilized to wage immoderate victims and money cause treatment, acquisition and different measures to combat the opioid epidemic.