Purdue’s Sacklers Reach $6 Billion Opioid Deal With States (2)

Members of the billionaire Sackler family that own Purdue Pharma LP agreed to a bigger opioid-painkiller settlement with the handful of states that helped overturn its prior deal, bringing the drugmaker closer to a resolution of all its liabilities over the highly addictive medicines.

The family has struck a deal worth as much as $6 billion with the dissenting states, a court-appointed mediator in Purdue’s bankruptcy case said in a report Thursday. Under the agreement, the states will drop appeals of the previous iteration of Purdue’s plan. In return, the Sacklers have essentially doubled the cash they’ll hand over ...