Nevada Secures $58 Million from Purdue Pharma Settlement
LAS VEGAS (KSNV) — Nevada Attorney General Aaron Ford announced that the state will receive around $58 million as part of a nationwide settlement with Purdue Pharma, the bankrupt pharmaceutical company. This announcement follows a landmark $7.4 billion agreement that resolves thousands of lawsuits accusing Purdue Pharma of playing a significant role in the opioid addiction crisis through its marketing practices, particularly concerning OxyContin.
Ford emphasized the profound impact of the opioid epidemic on Nevada and reiterated the importance of holding accountable those responsible for exacerbating the crisis. "The sheer scale and impact of this epidemic, especially in Nevada, meant that we had to strike full force," he stated, reflecting on the settlement’s significance.
This comprehensive agreement involves all 50 states, Washington D.C., and four U.S. territories, establishing it as the largest settlement of its kind in U.S. history. With this settlement, Nevada aims to address the devastating consequences of opioid addiction across the state and implement measures to prevent future crises. The funds will potentially support addiction recovery initiatives and bolster public health responses related to opioid misuse.
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