Purdue Pharma

Purdue Pharma’s Sackler Selling $30M In Property Amid Opioid Crisis

VIDEO – HE CAN’T SELL THE PRISON HIS MIND LIVES IN –

Feb. 24, 2023 – Sackler — a member of the billionaire family whose Purdue Pharma was accused of sparking the deadly drug epidemicby aggressively marketing the painkiller OxyContin and allegedly directing efforts to mislead the public about its risks and addictive power (claims that Purdue itself has denied) — has cleared out a number of homes in recent years amid a slew of lawsuits. 

In 2022, for instance, Sackler, 77, quietly sold his eight-bedroom, 10-bathroom Boca Raton, Florida estate for $4.88 million, records obtained by The Post show. Spanning more than 7,300 square feet, Sackler purchased the home two years prior for $3.7 million. 

The move to sell the home came a month before Purdue Pharma and the Sackler family — who did not admit wrongdoing — reached a $6 billion settlement with several US states over a lawsuit brought about by the opioid crisis, during which time more than 1 million Americans have died of overdoses from 1999 forward. According to the terms of that deal, the Sacklers were to pay at least $5.5 billion in cash to be used to fund treatment centers to help those with opioid-addiction struggles. (At the time, the Sackler family said in a statement that they “sincerely regret” that OxyContin “unexpectedly became part of an opioid crisis.”)

Click@NYPost

Leonard Buschel

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