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Four attorneys general on Monday unveiled a proposed $48 billion deal with major drug companies — Teva Pharmaceuticals, Johnson & Johnson and the nation’s largest drug distributors — to resolve…
A rapid outburst of opposition to a $48 billion “settlement framework” in opioid-crisis litigation unveiled Monday by four state attorneys general may signal a shift to local governments and states…
The agreement, reached shortly after midnight and announced Monday morning, settles claims the counties made against large distribution companies AmerisourceBergen, McKesson, the Ohio-based Cardinal Health and drugmaker Teva Pharmaceuticals. Under…
The agreement reached Monday calls for the distributors AmerisourceBergen, Cardinal Health and McKesson to pay a combined $215 million, said Hunter Shkolnik, a lawyer for Cuyahoga County. “People can’t lose…
The distributors, which handle around 90% of U.S. prescription drugs, will pay a combined $215 million immediately. Israel-based drugmaker Teva is paying $20 million in cash and will contribute $25…
The deal settles claims brought by Ohio’s Cuyahoga and Summit counties, which had accused the companies of fueling a nationwide opioid crisis. Some 400,000 U.S. overdose deaths between 1997 and…
State attorneys general who are negotiating with drug companies say they’re confident that other state and local governments will sign on to a settlement in principle with five companies over…
Four large drug companies reached a last-minute $260 million (€233 million) legal settlement over their role in the US opioid addiction epidemic, averting the first federal trial, which was scheduled…
The nation’s three biggest drug distributors and a major drugmaker reached a $260 million settlement with two Ohio counties over the deadly havoc wreaked by opioids, just hours before the…