Opioid crisis: US drug giants reach $26bn settlement - BBC

Jul 21, 2021  · Four US drugs giants have agreed to pay $26bn (£19bn) to settle claims they helped fuel an opioid addiction crisis. Under the proposal unveiled by a group of state attorney …


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Opioid Crisis: US Drug Giants Reach $26bn Settlement - BBC

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Jul 21, 2021  · Four US drugs giants have agreed to pay $26bn (£19bn) to settle claims they helped fuel an opioid addiction crisis. Under the proposal unveiled by a group of state attorney …

bbc.com

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States Unveil Landmark $26bn Settlement To Resolve Opioid Lawsuits

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Jul 21, 2021  · US states unveiled a landmark $26bn settlement with four drug companies to resolve thousands of opioid lawsuits, which would bring an end to years of legal battles over a …

ft.com

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Big 3 Drug Distributors, J&J Reach $26 Billion Opioid Settlement

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Jul 21, 2021  · Under the settlement, McKesson, Cardinal Health and AmerisourceBergen are expected to pay a combined $21 billion, while Johnson & Johnson would pay $5 billion.

cnbc.com

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Major Drug Companies Reach Landmark $26bn US Opioid Settlement

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Jul 21, 2021  · Major drug companies reach landmark $26bn US opioid settlement. The deal is the second-largest cash settlement in United States history, trailing only the $246bn tobacco deal …

aljazeera.com

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4 Drug Companies Agree To Pay $26 Billion To Resolve Opioid …

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Jul 20, 2021  · Three major drug distributors and the pharmaceutical giant Johnson & Johnson have agreed to a $26 billion settlement with states to resolve thousands of lawsuits over the …

nbclosangeles.com

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US Drugmaker, Distributors Finalize $26B Opioid Settlement

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Feb 25, 2022  · OxyContin maker Purdue Pharma and a group of states are in mediation through U.S. Bankruptcy Court to try to reach a nationwide settlement. The crisis has deepened during …

voanews.com

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Opioid Crisis: US Drug Giants Reach $26bn Settlement

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Jul 22, 2021  · Four US drugs giants have agreed to pay $26bn (£19bn) to settle claims they helped fuel an opioid addiction crisis. Under the proposal unveiled by a group of state attorney …

economywatchng.com

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U.S. State Officials Urge Support For Landmark $26 Bln Opioid …

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Jul 21, 2021  · A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid …

reuters.com

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State Officials Urge Support Of $26bn Opioid Settlement, But Not ...

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Jul 22, 2021  · Major drug companies reach landmark $26bn US opioid settlement. ... while pharma giant Johnson & Johnson would pay an additional $5bn. ... The deadly Covid cocktail …

independent.co.uk

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US States Get $26B Settlement Deal In Opioid Abuse Litigation

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Jul 22, 2021  · In a landmark settlement deal, drug maker Johnson & Johnson JNJ and three opioid distributors — McKesson Corp MCK, Cardinal Health CAH and AmerisourceBergen …

nasdaq.com

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EXPLAINER: $26B Opioid Settlement Big Step, But Not The End

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Jul 20, 2021  · 1 of 2 | . FILE - This Aug. 29, 2018, file photo shows an arrangement of Oxycodone pills in New York. A $26 billion settlement between the three biggest U.S. drug distribution …

apnews.com

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J&J And Other Opioid Players To Pay $26 Billion To States ... - CBS …

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Feb 25, 2022  · The crisis has deepened during the coronavirus pandemic, with U.S. opioid-related deaths reaching a high of more than 76,000 in the 12 months that ended in April 2021, largely …

cbsnews.com

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Companies: $26B Settlement Of Opioid Lawsuits To Move Ahead

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Sep 4, 2021  · Four companies in the drug industry said Saturday that enough states had agreed to a settlement of lawsuits over the opioid crisis for them to move ahead with the $26 billion …

yahoo.com

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Opioid Crisis: US Drug Giants Reach $26bn Settlement - BBC

4 weeks from now

Jul 21, 2021  · Four US drugs giants have agreed to pay $26bn (£19bn) to settle claims they helped fuel an opioid addiction crisis. Under the proposal unveiled by a group of state attorney …

bbc.co.uk

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US States Near $26bn Opioid Settlement With J&J, Drug Distributors

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Jul 20, 2021  · US states are nearing a $26bn settlement with three drug distributors and drugmaker Johnson & Johnson to resolve claims that they helped fuel the deadly opioid crisis …

ft.com

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Companies Finalize Record $26 Billion Opioid Settlement - Axios

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Feb 25, 2022  · Johnson & Johnson and three other drug companies on Friday announced settlements over their alleged involvement in stoking the nation’s opioid crisis, sending $26 …

axios.com

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Drug Companies Move Forward On $26B Opioid Deal - Law.com

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Feb 25, 2022  · Johnson & Johnson's Janssen Pharmaceuticals and three other drug companies have agreed to move forward on a $26 billion global opioid settlement, the second largest …

law.com

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Opioid Settlement Of $26B Between Drug Companies, States To …

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Jul 20, 2021  · U.S. states attorneys general are expected to conclude the $26B settlement with three drug distributors and Johnson & Johnson (NYSE: JNJ) this week over several opioid …

yahoo.com

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How Opioid Giant Endo Escaped A $7 Billion Federal Penalty

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Dec 17, 2024  · This spring, the Justice Department announced a major victory against a drug firm that manufactured billions of opioid painkillers. Endo Health Solutions, the agency said, would …

propublica.org

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McKinsey To Pay $650 Million In Opioid Settlement With Justice ...

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Dec 13, 2024  · Congress held hearings in 2022 focusing on the firm’s simultaneous work with opioid makers and the Food and Drug Administration after reports in The Times and …

nytimes.com

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McKinsey & Co. To Pay $650 Million To Settle U.S. Opioid ... - NBC …

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Dec 13, 2024  · McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work …

nbcnews.com

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DOJ Finds Tennessee Board Discriminated Against Lawyer Over …

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Dec 24, 2024  · More than 9 million adults in the U.S. require treatment for opioid use disorder, according to a recent Centers for Disease Control and Prevention report, but only 25% are …

nbcnews.com

FAQs about Opioid crisis: US drug giants reach $26bn settlement - BBC Coupon?

What's going on with the $26 billion opioid deal?

Newsletter Every weekday. A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments. ...

Did state attorneys general agree to a $26bn settlement with drug companies?

A group of state attorneys general in the United States has unveiled a landmark $26bn settlement with major US drug companies accused of fuelling a deadly nationwide opioid epidemic, but some states were cool on the agreement. ...

Who will pay $26bn to help fuel opioid addiction crisis?

Four US drugs giants have agreed to pay $26bn (£19bn) to settle claims they helped fuel an opioid addiction crisis. Under the proposal unveiled by a group of state attorney generals on Wednesday, three drugs distributors are expected to pay $21bn. Drug-maker Johnson & Johnson (J&J) will pay $5bn over the next five years. ...

What's going on with the opioid settlements?

Taken together, the settlements are the largest to date among the many opioid-related cases that have been playing out across the country. They're expected to provide a significant boost to efforts aimed at reversing the crisis in places that have been devastated by it, including many parts of rural America. ...

What do the settlements mean for the opioid crisis?

The settlements require that 85% of the funds go toward programs to address the opioid crisis through treatment, education and prevention, but officials in some cities and counties, many of which filed their own lawsuits, had concerns that too many funds would end up in state coffers. ...

Who will pay a $21 billion settlement?

Under the settlement proposal, the three largest U.S. drug distributors -- McKesson Corp (MCK.N), Cardinal Health Inc (CAH.N) and AmerisourceBergen Corp (ABC.N) -- are expected to pay a combined $21 billion, while drugmaker Johnson & Johnson (JNJ.N) would pay $5 billion. ...

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