Purdue Pharma Will Pay $8.3 Billion to Settle Opioid Case

Purdue Pharma Will Pay $8.3 Billion to Settle Opioid Case

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Interactive Video

Business, Health Sciences, Social Studies, Biology

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Hard

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The video discusses a major settlement involving a pharmaceutical company in the opioid crisis. The company pleads guilty to defrauding the U.S. and violating the Anti-Kickback statute, resulting in significant financial penalties. The settlement includes a $3.544 billion criminal fine, a $2 billion forfeiture, and $2.8 billion in civil damages. The company's bankruptcy status requires court approval for the resolution. Additionally, the Sackler family agrees to a $225 million civil settlement.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the status of the company as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What amount have members of the Sackler family agreed to pay in a civil settlement?

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