Sydney Lepkin
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The Sackler family will pay up to $7 billion to Purdue's creditors as part of the plan.
The arrangement will also provide a pool of up to $865 million to compensate individual victims.
The plan was approved by Judge Sean Lane of the United States Bankruptcy Court for the Southern District of New York.
Purdue will dissolve and emerge as a new company, Noah Pharma.
Its focus will include overdose reversal medicines, and it will not involve the Sacklers.
The new restructuring plan replaces one the Supreme Court rejected in 2024, finding that it would have shielded the Sackler family from future lawsuits.
This time around, members of the family can still be sued in civil court.
The Sackler family will pay up to $7 billion to produce creditors as part of the plan.
The arrangement will also provide a pool of up to $865 million to compensate individual victims.
The plan was approved by Judge Sean Lane.
of the United States Bankruptcy Court for the Southern District of New York.
Purdue will dissolve and emerge as a new company, Noah Pharma.
Its focus will include overdose reversal medicines, and it will not involve the Sacklers.
People buying Wagovi directly from Novo Nordisk will now be able to get it for around $350 a month.
Until the end of next March, the company will offer the first two months doses at around $200 a month.
That's down from about $500 a month.
And patients can get the same discount from Costco, GoodRx, Weight Watchers, and Rho, according to the company.
The lower price is only available to patients not using their health insurance.