Georgia will join other states and U.S. territories in a settlement that extracts $7.4 billion from Purdue Pharma and its owners, the Sackler family, as recompense for their role in the opioid crisis that ravaged the country for a generation.
Attorney General Chris Carr says Georgia is positioned to receive $126 million for addiction treatment, prevention, and recovery services, and added that local governments will be asked to join the settlement contingent upon bankruptcy proceedings.
The Sacklers and Purdue would make installment payments, with the family contributing $1.5 billion in the first year and the company paying $900 million, with the annual amounts declining thereafter.
If approved, the settlement would also open to the public more than 30 million documents related to the opioid business of Purdue and the Sacklers.
