May 03, 2026 06:20

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California Attorney General Announces $7.4 Billion Purdue Opioid Settlement Now in Effect

Columbia, health, medicine, politics, money

California Attorney General Rob Bonta announced that a $7.4 billion settlement with Purdue Pharma and the Sackler family is now in effect. - California will receive over $440 million for opioid addiction treatment, prevention, and recovery.

- The Sacklers are permanently barred from selling opioids in the U.S. and will pay over $1.5 billion immediately.

- Purdue's manufacturing operations transfer to Knoa Pharma LLC, which cannot market opioids. - Over 30 million documents related to the opioid business will be made public.

This settlement caps nearly a decade of litigation and provides critical funding to communities across the country, including Tuolumne County.

This story was originally reported by goldrushcam. Read the original article here.

Summarized by CaliforniaToday AI.

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