Cardinal Health News

Cardinal Health, McKesson Prevail in Georgia Families’ Opioid Trial

Drug distributors Cardinal Health Inc., McKesson Corp. and JM Smith Corp. on Wednesday prevailed at trial in Georgia in a case brought by families of opioid addicts accusing the companies of acting as drug dealers. A jury in Glynn County …

Cardinal Health, McKesson Prevail in Georgia Families’ Opioid Trial

Drug distributors Cardinal Health Inc., McKesson Corp. and JM Smith Corp. on Wednesday prevailed at trial in Georgia in a case brought by families of opioid addicts accusing the companies of acting as drug dealers. A jury in Glynn County …

Drugmaker Endo Settles Opioid Claims by New York, Counties for $50M

Drugmaker Endo International Plc on Thursday said it has agreed to pay $50 million to resolve lawsuits by New York state and two of its largest counties related to the sale and marketing of opioids. Endo said the settlement includes …

6 States Had Not Joined $26B Opioid Settlements with Distributors, J&J at Deadline

At least six U.S. states, including Georgia, have decided they will not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson, which have been accused of fueling the nation’s opioid epidemic, according …

Drug Distributors Settle New York Opioid Claims for Up to $1.18 Billion

NEW YORK, July 20 (Reuters) – The three largest U.S. drug distributors agreed mid-trial to pay up to $1.18 billion to settle claims by New York state and two of its biggest counties over their role in the nationwide opioid …

McKinsey to Pay $573 Million to Settle Claims Over Opioid Crisis Role — Source

Consulting firm McKinsey & Co has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a …

J&J to Contribute Up to $5 Billion to Potential U.S. Opioid Settlement

Johnson & Johnson on Tuesday said it will contribute up to $1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing the total amount it would pay to $5 billion. …

Drug Wholesalers, Teva Settle With Ohio Counties Over Opioids

The three largest U.S. drug distributors and a major generic-drug manufacturer have agreed to pay $260 million to settle the first federal trial over the companies’ role in fueling the U.S. opioid epidemic. Drug distributors McKesson Corp., Cardinal Health Inc. …

Opioid Trial Judge Denies He’s Biased, Refuses to Step Down

The Cleveland judge overseeing more than 2,000 federal lawsuits over alleged opioid abuses refused to disqualify himself from a bellwether trial set to start next month, rejecting a request by drug distributors and pharmacies who say he is biased against …

Opioid Fines Could Reach $150 Billion in Worst-Case Scenario

Monday’s $572 million judgment against Johnson & Johnson may mean one analyst’s “bear case scenario” of $150 billion in opioid damages just got one step closer. Patrick Trucchio, a Berenberg analyst, on Tuesday renewed his April projection for U.S. liabilities …