opioid settlement News

Mallinckrodt Second Bankruptcy Would Cut $1 Billion From Opioid Settlement

Drugmaker Mallinckrodt aid on Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a debt reduction deal that would cut $1 billion from the amount it owes to victims of the opioid crisis. The …

W.Va. Announces $83 Million Opioid Settlement with Walgreens

CHARLESTON, W.Va. (AP) — West Virginia has settled for $83 million with Walgreens for the pharmacy store chain’s role in perpetuating the opioid crisis in the U.S. state with the most per capita overdose deaths, Attorney General Patrick Morrisey announced …

Walgreens Settles Florida Opioid Lawsuit for $683 Million

The Walgreens pharmacy company has reached a $683 million settlement with the state of Florida, halting a trial over state claims that the company improperly dispensed millions of painkillers that contributed to the opioid crisis, state and company officials said …

Opioid Distributors Reach $518M Settlement with Washington State

Washington has reached a $518 million settlement with drug distributors McKesson Corp. AmerisourceBergen Corp. and Cardinal Health Inc., ending a months-long trial over the companies’ alleged role in fueling the opioid epidemic in the state. McKesson will pay $197 million, …

Drugmaker Endo Signs $65 Million Opioid Settlement with Florida

Drugmaker Endo International plc said on Tuesday it had agreed to pay up to $65 million to resolve claims by the state of Florida and local governments that the drugmaker helped fuel the U.S. opioid epidemic. The deal is the …

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 …

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 …

Purdue Pharma’s Sacklers Face ‘Substantial’ Liability Risk, Says Bankruptcy Judge

The judge overseeing Purdue Pharma’s bankruptcy said on Monday that some members of the Sackler family who own the OxyContin maker face a “substantial risk” of liability and could be on the hook for “huge amounts of money” over claims …

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. …

Oklahoma Lawmakers Grumble Openly about Opioid Settlement

OKLAHOMA CITY — A $270 million settlement between the state of Oklahoma and the maker of OxyContin praised last week as an innovative way to help combat opioid addiction is facing bipartisan criticism from Oklahoma lawmakers who say the state’s …