Multiple states say the opioid crisis cost American economy over $2 trillion

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Multiple states say the opioid crisis cost American economy over $2 trillion
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Opioid manufacturers have cost the American economy $2.15 trillion, according to a notice of claim filed in bankruptcy court by nearly every US state and many territories.

The filing was made Monday by New York, 48 other states, Washington, DC, and various other territories against Purdue Pharma and other distributors and manufacturers, according to the New York attorney general. A financial breakdown per state provided in the court filing shows that New York is seeking to claim $165 billion.An official with knowledge of the filing acknowledges it is not likely anyone will recoup this high dollar figure.

"Purdue continues its work to emerge from bankruptcy, garner additional support for the proposed settlement, and implement a final resolution. The proposed settlement would deliver more than $10 billion in value, including 100% of Purdue's assets, to claimants and communities, and would address the opioid crisis by providing needed funds, as well as millions of doses of lifesaving opioid addiction treatment and overdose reversal medicines.

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