Statement of Purdue Pharma to 60 Minutes
Prior to 60 Minutes' March 9, 2025 broadcast, which featured correspondent Cecilia Vega's report on the Purdue Pharma bankruptcy case, we reached out to Purdue Pharma for comment on our story, "The Settlement." The company responded to 60 Minutes with the following statement:
"We are gratified to have reached a new agreement with virtually all of the private and governmental stakeholders in these cases. The terms of the settlements are the product of intense work with our creditors, with a single-minded focus on delivering billions of dollars to compensate victims, abate the opioid crisis, and deliver overdose rescue medicines that will save lives. We are now hard at work fully documenting these settlements, including in a new Plan of Reorganization, which we look forward to presenting to the bankruptcy court. We are working to emerge as a public benefit company – 100% devoted to improving the lives of Americans – as soon as possible."
