opioid epidemic News

Teva Pharm May Pay as Much as $3.6 Billion in US Opioid Settlement

JERUSALEM — Teva Pharmaceutical Industries said on Wednesday it was bracing to pay as much as $3.6 billion in cash and medicine to settle lawsuits alleging it was one of a number of drugmakers and distributors that fueled the U.S. …

Drug Distributors, J&J to Pay $59M to Settle US Tribes’ Opioid Claims

The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to pay $590 million to resolve claims by Native American tribes that the companies fueled an opioid epidemic in their communities, according to court filings. Tuesday’s deal …

Delaware Supreme: Insurers Have No Duty to Defend Rite Aid Against Opioid Lawsuits

Chubb Ltd. has no duty to defend Rite Aid Corp. against lawsuits filed by two Ohio counties that allege the drug store chain’s failure to identify suspicious orders contributed to an oversupply of opioids that forced the plaintiffs to pay …

In Reversal, Georgia Joins $26 Billion US Opioid Settlement

The state of Georgia has decided to join a proposed $26 billion nationwide settlement resolving lawsuits alleging that three large drug distributors and drugmaker Johnson & Johnson fueled the deadly U.S. opioid epidemic. Friday’s announcement by Georgia Attorney General Chris …

Teva Fueled Opioid Addiction in New York, Jury Finds

NEW YORK–Teva Pharmaceutical Industries Ltd fueled opioid addiction in New York state, a jury found on Thursday, a setback for a company still facing thousands of other opioid-related lawsuits around the United States. The verdict, which followed a nearly six-month …

Cities Wracked by Opioids Close to Getting $26B Settlement

McMINNVILLE, Ore. (AP)–The opioid epidemic blew into this picturesque Oregon town like a toxic wind, leaving overdoses, addiction, homelessness and wrecked families in its wake. In a humble, single-story brick building, three blocks from downtown McMinnville’s wine-tasting rooms and cafes, …

AbbVie Unit Settles New York Opioid Case For $200M as Trial Winds Down

Drugmaker AbbVie Inc agreed to pay $200 million to settle claims by New York that it helped fuel an epidemic of opioid addiction in the state, on the day jurors were expected to hear closing arguments at the end of …

New Mexico to Join Nationwide Opioid Settlement With Drug Distributors

New Mexico has agreed to join a proposed nationwide settlement worth up to $21 billion resolving claims that the three largest U.S. drug distributors fueled a deadly opioid epidemic, the state’s attorney general said on Tuesday. The state was one …

Sackler Family Says Billions Collected From Purdue Not Abuse Of Bankruptcy Law

Members of the Sackler family on Monday said billions of dollars they collected from Purdue Pharma before the company filed for Chapter 11 was the result of extra cash, not part of a “secret plan” to abuse the bankruptcy system. …

Washington Seeks Over $38 Billion From Opioid Distributors

SEATTLE (AP) — Having rejected a half-billion-dollar settlement offer, Washington Attorney General Bob Ferguson is taking the state’s case against the nation’s three biggest drug distributors to trial Monday, saying they must be held accountable for their role in the …