Tag: opioid lawsuits

Drugstore Chains Agree to Pay More than $10B to Settle Opioid Lawsuits

Hydrocodone acetaminophen tablets lying on a prescription form. Hydrocodone is a popular prescription semi-synthetic opioid that is used to treat moderate to severe pain. Hydrocodone is said to be one of the most common recreational prescription drugs in America.

CVS and Walgreen have agreed to pay more than $10 billion in a landmark settlement to resolve opioid-crisis lawsuits.

OxyContin Maker Purdue Pharma to Plead to Three Criminal Charges

Opioid epidemic, painkillers and drug abuse concept with close up on a bottle of prescription drugs and hydrocodone pills falling out of it on white

Drugmaker Purdue Pharma, the company behind the powerful prescription painkiller OxyContin that experts say helped touch off an opioid epidemic, will plead guilty to federal criminal charges as part of a settlement of more than $8 billion, the Justice Department announced Wednesday. The deal does not release any of the company’s executives or owners —… Continue reading OxyContin Maker Purdue Pharma to Plead to Three Criminal Charges

Feds Seek Multibillion-Dollar Payout from OxyContin-Maker Purdue Pharma

Three open bottles of prescription medication.

U.S. Department of Justice officials are reportedly seeking up to $18 billion from bankrupt OxyContin-maker Purdue Pharma, which is trying to settle thousands of lawsuits that allege its marketing fueled the national opioid crisis. The Justice Department has valued its civil claims at $2.8 billion — an amount that could be legally tripled — and… Continue reading Feds Seek Multibillion-Dollar Payout from OxyContin-Maker Purdue Pharma