STAMFORD, Conn. – Jonathan Sackler, one of the owners of the manufacturer of OxyContin Purdue Pharma, has died, the company confirmed.
Sackler died on June 30, according to a court filing. He was 65 years old and the cause of death was cancer.
He was the son of Raymond Sackler, one of the brothers who bought the Purdue Frederick pharmaceutical company in 1952, and served as an executive and board member of the company that was later renamed Purdue Pharma. Like other members of the Sackler family, it has been removed from the company’s board in recent years, although family members retain ownership.
The company is seeking bankruptcy protection as part of an effort to resolve nearly 3,000 lawsuits filed by state and local governments that blame the company for causing the opioid crisis that has killed more than 400,000 Americans since 2000. Hundreds of the lawsuits they also mention family. members.
The company’s liquidation plan calls for the family, which is among the wealthiest in the United States, to pay at least $ 3 billion and relinquish ownership of Purdue.
