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Purdue Pharma: 15 states agree to OxyContin maker's bankruptcy plan

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sought bankruptcy protection in 2019 as a way to settle about 3,000 lawsuits it faced from state and local governments and other entities.

They claimed the company's continued marketing of its powerful prescription painkiller contributed to a crisis that has been linked to nearly 500,000 deaths in the U.S.

over the last two decades.FILE - In this photo illustration, the OxyContin painkiller drug logo produced by Purdue Pharma is displayed on a smartphone. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) The court filing came from a mediator appointed by the bankruptcy court and shows that members of the wealthy Sackler family who own Purdue agreed to increase their cash contribution to the settlement by $50.

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