Raymond Sackler KBE (February 16, 1920 – July 17, 2017) [1] was an American physician and businessman. He acquired Purdue Pharma together with his brothers Arthur M. Sackler and Mortimer Sackler. Purdue Pharma is the developer of OxyContin, the drug at the center of the opioid epidemic in the United States.

Jan 23, 2025 · The Sackler family will contribute up to $6.5 billion to the settlement, with $1.5 billion being paid in the first payment. ... Members of the Sackler family included in the settlement in principle include the eight heirs of Purdue founders Raymond and Mortimer Sackler who served on the Board of Purdue: Richard, Kathe, Mortimer Jr., Ilene ...

Jan 23, 2025 · Attorney General William Tong today announced a $7.4 billion settlement in principle between states, victims and members of the Sackler family and their company Purdue Pharma, Inc. (Purdue) for their role in the opioid crisis. The settlement in principle adds $1.4 billion more than the prior settlement invalidated by the U.S. Supreme Court in June 2024, while also accelerating aid to states ...

Jan 23, 2025 · Sackler Family Will Pay up to $6.5 Billion Over 15 Years; ... Members of the Sackler family included in the settlement in principle include the eight heirs of Purdue founders Raymond and Mortimer Sackler who served on the Board of Purdue: Richard, Kathe, Mortimer Jr., Ilene, David, and Theresa Sackler; and the estates of Jonathan and Beverly ...

Dec 5, 2023 · Raymond (played by Sam Anderson) was described as "a billionaire and a noted philanthropist, funding biomedical research, including work on the human genome and the biological...

Jan 23, 2025 · Three Sackler brothers— Arthur (1913–87), Mortimer (1916–2010), and Raymond (1920–2017)—were responsible for establishing the family’s role in the pharmaceutical industry. The brothers grew up in Brooklyn, New York, where …

Raymond Sackler KBE (February 16, 1920 – July 17, 2017) [1] was an American physician and businessman. He acquired Purdue Pharma together with his brothers Arthur M. Sackler and Mortimer Sackler. Purdue Pharma is the developer of OxyContin, the drug at the center of the opioid epidemic in the United States. [2][3][4] Quick Facts KBE, Born ...

Arthur Sackler was widely regarded as the patriarch of the family. In 1952, the brothers bought a small pharmaceutical company, Purdue-Frederick. [4] Raymond and Mortimer ran Purdue, while Arthur, the oldest brother, became a pioneer in medical advertising.

Jun 27, 2024 · As the nation continues to grapple with the opioid epidemic, the Sackler family had agreed to pay $6 billion to families and states as part of an agreement to wind down Purdue Pharma, the maker...

Jul 19, 2017 · Dr. Raymond Sackler, a pioneer in psychopharmacology, a medicinal products entrepreneur and a leading philanthropist whose family made a fortune from the opioid painkiller OxyContin, died on...