INDIANAPOLIS — Indiana’s attorney general says he is supporting the tentative multibillion-dollar settlement with OxyContin maker Purdue Pharma because it would get money flowing to help deal with the deadly national opioid crisis.
Connecticut-based Purdue Pharma has since filed for bankruptcy in its plan to settle thousands of lawsuits against it and the Sackler family, which owns the company.
Two dozen state attorneys general oppose the deal, decrying it as woefully inadequate.
Attorney General Curtis Hill says the Sacklers are held directly accountable for their role by being required to pay $3 billion under the deal. Hill says the alternative to the deal “is protracted litigation with an uncertain future.”
Purdue Pharma has no connection to Purdue University.