Tag: opioid addiction

States Announce $26 Billion Settlement to Resolve Opioid Lawsuits

A large group of prescription medication bottles sit on a table as a man in the background stands with his hand on his head. The image is photographed with a very shallow depth of field with the focus being on the pill bottles in the foreground.

States unveiled a historic $26 billion settlement with drug companies to resolve thousands of opioid-crisis lawsuits, paving the way for communities across the country to secure a jolt of funding to address an epidemic in painkiller addiction that hasn’t abated. The nation’s three largest drug distributors— McKesson Corp., AmerisourceBergen Corp., and Cardinal Health Inc. —and… Continue reading States Announce $26 Billion Settlement to Resolve Opioid Lawsuits

Opioid Settlement of $26 Billion Between Drug Companies, States Expected This Week

Three open bottles of prescription medication.

Thousands of opioid-crisis lawsuits filed against major drugmakers and distributors are nearing a conclusion, with the outlines of a $26 billion deal between states and four companies expected to be announced this week and a $1 billion settlement to resolve some of New York’s claims likely on Tuesday, people familiar with the matter said. Drug… Continue reading Opioid Settlement of $26 Billion Between Drug Companies, States Expected This Week