opioid crisis News

Teva, AbbVie Finalize $6.6 Billion U.S. Opioid Settlements

Teva Pharmaceutical Industries Ltd and AbbVie Inc. have finalized the terms of settlements worth more than $6.6 billion to resolve thousands of lawsuits by U.S. state and local governments over the marketing of opioid painkillers, the companies and lawyers for …

San Francisco Reaches $58M Opioid Settlement with Teva, Allergan

Teva Pharmaceutical Industries and AbbVie’s Allergan unit on Tuesday reached a $58 million settlement with the city of San Francisco just before completion of a trial over claims that they fueled an opioid epidemic in the city. Under the deal …

Federal Judges Are Asked to Pave Way for Purdue Pharma Deal

Lawyers for OxyContin maker Purdue Pharma and many of those who had claims against the company over the toll of opioids joined together Friday to urge a federal judicial panel to allow a plan that would settle lawsuits across the …

J&J Settles West Virginia Opioid Litigation for $99M

Johnson & Johnson said on Monday it agreed to pay $99 million to settle claims by West Virginia that it helped fuel an opioid addiction crisis in the state, removing the company from an ongoing trial that began earlier this …

Walgreens Flooded Florida With Addictive Opioids, Lawyer Tells Jury

Walgreens Boots Alliance Inc. supplied billions of opioid pills to drug addicts and criminals, contributing to an addiction epidemic in Florida, a lawyer for the state said on Monday in a civil trial against the pharmacy chain. Walgreens filled one …

Sackler Ruling Could Delay Purdue’s Payment of Billions by Years

OxyContin-maker Purdue Pharma could be years away from paying billions of dollars to address the U.S. opioid crisis after a judge blew up a deal that gave legal immunity to the Sackler family that owned the company, people close to …

Judge Begins Ruling on Purdue Pharma Bankruptcy Plan That Shields Sacklers

A U.S. judge began delivering his ruling on Wednesday on OxyContin maker Purdue Pharma’s request to approve its bankruptcy reorganization plan that would shield the company’s Sackler family owners from future litigation over the opioid crisis. If U.S. Bankruptcy Judge …

Judge Urges Talks Between Purdue Pharma and Holdout States

A federal bankruptcy judge on Friday urged states that oppose a settlement plan with Purdue Pharma to try to work out differences with the OxyContin maker before he issues a ruling next week. During a videoconference hearing, Judge Robert Drain …

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 …

Economist: $2.5B to Abate Opioid Crisis in WVa Community

HUNTINGTON, W.Va. (AP) — A 15-year plan to abate the opioid crisis in a West Virginia community will cost local officials $2.5 billion, a forensic economist has testified. George Barrett testified Tuesday that Cabell County and the city of Huntington …