States unveil landmark $26bn settlement to resolve opioid lawsuits

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 prescription painkiller ...

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States Unveil Landmark $26bn Settlement To Resolve Opioid Lawsuits

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States Announce $26 Billion Settlement To Resolve Opioid Lawsuits

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Jul 22, 2021 · 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 …

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4 U.S. Companies Will Pay $26 Billion To Settle Claims Over The …

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Feb 25, 2022 · "The settlement will provide thousands of communities across the United States with up to approximately $19.5 billion over 18 years," the drug distributors said in their statement.

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

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Sep 5, 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 …

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Opioid Settlement: States Detail $26B Deal To Resolve Drug Lawsuits

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Jul 21, 2021 · As part of the ongoing effort to address the opioid addiction and overdose crisis in the U.S., a group of state attorneys general and the companies involved in a possible $26 …

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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 …

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US States Unveil Settlement For $26 Billion Over Opioid Lawsuits

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The opioid crisis that has claimed half a million lives in the US has triggered more than 3,000 lawsuits filed by states, local governments, Native American tribes, hospital groups and others ...

chinadaily.com.cn

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U.S. States To Unveil $26 Billion Opioid Settlement With Drug ...

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Jul 19, 2021 · U.S. state attorneys general are expected this week to unveil a $26 billion settlement resolving claims that three major drug distributors and drugmaker Johnson & …

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$26B Proposed Global Settlement Aims To Resolve Thousands Of …

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Jul 21, 2021 · Attorneys general from several states, including New York and California, announced Wednesday a $26 billion global settlement to resolve lawsuits against the nation's …

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Drug Companies, US States Reach $26 Billion Settlement Over …

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Jul 21, 2021 · The proposed settlement is the largest unveiled in the multi-year legal effort to hold the industry accountable for the opioids crisis, which has caused more than 500,000 deaths in …

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UPDATE 4-U.S. States To Unveil $26 Billion Opioid Settlement With …

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Jul 19, 2021 · (Adds details on New York opioid settlement) By Nate Raymond. July 19 (Reuters) - U.S. state attorneys general are expected this week to unveil a $26 billion settlement …

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

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Jul 22, 2021 · AmerisourceBergen and Cardinal Health will pay up to $6.4 billion each, while McKesson will pay up to $7.9 billion over the next 18 years to resolve allegations of lax …

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States Reach $26 Billion Settlement With Companies In Opioid …

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The three biggest U.S. drug distribution companies and drugmaker Johnson and Johnson have reached a $26 billion deal to settle lawsuits brought by state and local governments over the …

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The $26B Opioid Settlement Overcame Its First Obstacle: Getting …

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Sep 8, 2021 · The proposed $26 billion global settlement with four opioid defendants survived its first hurdle after 42 states, five territories and Washington D.C. signed onto the deal by Sept. …

law.com

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How States Are Spending Opioid Settlement Cash • Stateline

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3 days ago · States and localities received more than $6 billion in opioid settlement funds in 2022 and 2023. According to public records, they spent or committed about a third of that amount …

stateline.org

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US States Unveil Settlement For $26 Billion Over Opioid Lawsuits

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Dec 4, 2024 · After more than two years of negotiations, a group of US state attorneys general unveiled on Wednesday a $26 billion settlement with Johnson & Johnson and the three largest …

chinadaily.com.cn

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How Opioid Giant Endo Escaped A $7 Billion Federal Penalty

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Dec 17, 2024 · Mallinckrodt, the nation’s biggest opioid pill maker, agreed to pay $1.7 billion in opioids damages in 2022 in its first bankruptcy. It filed a second bankruptcy last year and cut …

propublica.org

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How Are States Spending Their Opioid Settlement Cash? Look Yours …

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Dec 19, 2024 · States and localities received more than $6 billion in opioid settlement funds in 2022 and 2023. According to public records, they spent or committed about a third of that …

whyy.org

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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

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Ohio Court Sides With Pharmacies In Appeal Of $650 Million Opioid ...

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Dec 23, 2024 · COLUMBUS, Ohio (WCMH) – An Ohio Supreme Court ruling threatens a $650 million judgment two counties won from pharmacy chains CVS, Walgreens and Walmart for …

nbc4i.com

FAQs about States unveil landmark $26bn settlement to resolve opioid lawsuits Coupon?

What's in a $26 billion settlement with opioid producers?

As part of the ongoing effort to address the opioid addiction and overdose crisis in the U.S., a group of state attorneys general and the companies involved in a possible $26 billion settlement with opioid producers laid out key details of the settlement on Wednesday. ...

How many states have agreed to a $26 billion settlement?

The agreement still requires the approval of more than 40 states and hundreds of cities and counties. 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 country's opioid crisis, officials announced Wednesday. ...

How much Will Johnson & Johnson pay for opioid lawsuits?

Four of the largest U.S. corporations have agreed to pay roughly $26 billion to settle a tsunami of lawsuits linked to claims that their business practices helped fuel the deadly opioid crisis. Johnson & Johnson, the consumer products and health giant that manufactured generic opioid medications, will contribute $5 billion to the settlement. ...

What does Johnson & Johnson's settlement mean for the opioid crisis?

(Keith Srakocic/The Associated Press) Drugmaker Johnson & Johnson and three major distributors finalized settlements over their role in the opioid addiction crisis on Friday, an announcement that clears the way for $26 billion US to flow to nearly every state and local government in the U.S. ...

How many states have signed on to the opioid deal?

In all, 46 states and roughly 90% of eligible local governments have signed on to the deal, according to the companies' assessment. In a separate statement, Johnson & Johnson said its contribution to the deal would "directly support state and local efforts to make meaningful progress in addressing the opioid crisis." ...

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. ...