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Purdue Pharma, OxyContin Maker, Reaches Deal to Settle Opioid Lawsuit

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Purdue Pharma, OxyContin Maker, Reaches Deal to Settle Opioid Lawsuit

Purdue Pharma, the maker of OxyContin, has settled a closely watched lawsuit with the state of Oklahoma, two months before a trial to examine the role of opioid manufacturers in the drug crisis is set to begin, a person close to the situation said.

Details of the agreement are to be revealed by the Oklahoma attorney general’s office at a news conference Tuesday afternoon.

A spokesman for Purdue Pharma declined to comment.

So far, the trial, which includes other pharmaceutical companies such as Johnson and Johnson is still on track to begin May 28. On Monday, the Oklahoma Supreme Court turned aside a bid by the defendants to delay the start by 100 days.

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