A U.S. federal judge approved a plan to dissolve Purdue Pharma, the maker of Oxycontin, linked to the opioid crisis. The Sackler family, owners of Purdue, will pay $4.5 billion but avoid further penalties. Purdue admitted to criminal charges for promoting the addictive drug, which led to over 500,000 overdose deaths in the U.S. over 20 years. The company will be sold in 2024 and replaced by a new entity focused on safe opioid promotion. The agreement also allocates billions to organizations addressing addiction crisis consequences.

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