State Expected to Receive More Than $65 Million From Opioid Settlement

Friday, July 9th, 2021 -- 10:00 AM

(Bob Hague, WRN) The state is expected to receive more than 65 million dollars from a massive a settlement with opioid manufacturer Purdue Pharma and the family which owns it.

Wisconsin Attorney General Josh Kaul told the Journal Sentinel Thursday that the 4-point-3 billion dollar, nine-year settlement with Purdue Pharma and the Sackler family will help to prevent people from becoming addicted to opioids, and help those already addicted to get into treatment and recovery programs.

Wisconsin is one of 15 states that have reached the agreement with the maker of powerful prescription opioid OxyContin. Because it's a bankruptcy settlement, it will require a judge to accept the proposed bankruptcy plan, Kaul said he anticipates it will be accepted.

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