REUTERS: OxyContin maker Purdue Pharma and its owners, the Sackler family, is in discussion to settle more than 2,000 lawsuits against the company for US$10 billion to US$12 billion, two people familiar with the matter said on Tuesday.
On Monday, an Oklahoma judge ordered Johnson & Johnson to pay US$572.1 million to the state for deceptively marketing addictive painkillers. Attorney Mary Jo White, who represents one wing of the Sackler family in the opioid litigation, declined to comment on the reported settlement offer. A Sackler spokeswoman also declined to comment.
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