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Sackler family offers up more money for Purdue Pharma opioid settlement

The Sackler family is offering more money to settle the Purdue Pharma bankruptcy case, the mediator of the settlement reported on Friday.

The mediator filed a third interim report on Friday in which the Sackler families proposed paying between $5.5 million and $6 million for the settlement. The original bankruptcy settlement was listed at $4.3 million.

The mediator, former Bankruptcy Judge Shelley Chapman, asked that the parties of the settlement receive more time to work on the settlement proposal.

Source: The Hill

Daily Remedy

Daily Remedy

Dr. Jay K Joshi serves as the editor-in-chief of Daily Remedy. He is a serial entrepreneur and sought after thought-leader for matters related to healthcare innovation and medical jurisprudence. He has published articles on a variety of healthcare topics in both peer-reviewed journals and trade publications. His legal writings include amicus curiae briefs prepared for prominent federal healthcare cases.

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