OxyContin maker Purdue Pharma pleads guilty to federal crimes

The company responsible for thousands of overdose deaths at the hands of its drug OxyContin pleaded guilty to federal crimes Tuesday.Purdue Pharma, owned and operated by the Sackler family while it pushed the painkilling opioid to addicts, formally admitted to the federal charges as part of a plea agreement signed in October.The settlement also requires Purdue to pay $8.3 billion to the federal government, but that probably won’t happen because Purdue declared bankruptcy last year, the Wall Street Journal reported. Its remaining money is being saved to pay the numerous states, cities and count…

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