Ky. settles with OxyContin maker for $24M
FRANKFORT, Ky. – The maker of OxyContin will pay Kentucky $24 million over the next eight years as part of the settlement of a long-running lawsuit that accused the company of misleading the public about the addictiveness of the powerful prescription drug. The state first filed the lawsuit against Purdue Pharma in 2007. The company has had FDA approval since 1995 to market OxyContin, a type of opioid that can relieve pain.