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Supreme Court Freezes $6 Billion Opioid Settlement With Drug Maker

The Supreme Court has paused Purdue Pharma’s bankruptcy plan, an opioid manufacturer blamed for significantly contributing to the current opioid epidemic.
Supreme Court Freezes $6 Billion Opioid Settlement With Drug Maker
Bottles of prescription painkiller OxyContin pills, made by Purdue Pharma LP sit on a counter at a pharmacy in Provo, Utah, on April 25, 2017. George Frey/Reuters
Matthew Vadum
Matthew Vadum
8/10/2023|Updated: 8/11/2023
0:00

The Supreme Court put on hold a proposed bankruptcy plan for beleaguered opioid manufacturer Purdue Pharma, which is accused of playing a major role in fueling the ongoing opioid crisis.

Although the Aug. 10 ruling does not finalize the case, it is a tactical victory for the Biden administration, which urged the court to take action.

Matthew Vadum
Matthew Vadum
Author
Matthew Vadum is an award-winning investigative journalist.
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Related Topics
bankruptcy
Purdue Pharma
opiod crisis
supreme court
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