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Major Pharmaceutical Company Reaches Milestone $26 billion U S Opioid Settlement | Drug News

Major Pharmaceutical Company Reaches Milestone $26 billion U.S. Opioid Settlement | Drug News This transaction is the second largest cash settlement in the history of the United States, second only to the 1998 tobacco transaction of US$246 billion. A group of U.S. state attorneys unveiled A landmark settlement of $26 billion Mainly with the U.S. Pharmaceutical company It is accused of contributing to the deadly national opioid epidemic, but some states remain calm about the agreement. According to the settlement proposal announced on Wednesday, the three major U.S. drug distributors McKesson, Cardinal Health, and AmerisourceBergen are expected to pay a total of 21 billion U.S. dollars, while drugmakers Johnson & Johnson Five billion dollars will be paid.

United statesNew yorkNorth carolinaWilliam tangMichael ullmanJeff landryLetitia jamesGabriel elizondoJosh steinMajor pharmaceutical company reaches milestoneUs centers for diseaseCardinal healthAl jazeeraPharmaceutical company reaches milestoneJohnson fiveAttorney general william tang

Drug firms reach $26B settlement over opioid crisis — how much could Utah get?

SALT LAKE CITY Four drug companies have agreed to pay $26 billion to states to resolve thousands of lawsuits over their roles in the country s opioid crisis. A bipartisan coalition of state attorneys general announced the settlement with Johnson & Johnson and three of the country s largest drug distributors on Wednesday. States, including Utah, will now have 30 days to decide whether to accept the deal, while local governments will have 150 days to sign on. North Carolina Attorney General Josh Stein told reporters at a press conference he expects at least 40 states to agree. Utah officials are now discussing those questions. The state stands to reap just over 1% of the total settlement amount or $309 million over 18 years, according to the attorney general s office.

United statesNorth carolinaDennis romboyJosh steinCenters for diseaseUtah legislatureAssociated pressCardinal healthCarolina attorney general josh steinDisease controlஒன்றுபட்டது மாநிலங்களில்வடக்கு கரோலினாஜோஷ் ஸ்டீன்மையங்கள் க்கு நோய்உட்டா சட்டமன்றம்தொடர்புடையது ப்ரெஸ்

US state officials urge support for landmark $26 billion opioid settlement

By Nate Raymond (Reuters) -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. Under the settlement proposal, the three largest U.S. drug distributors McKesson Corp, Cardinal Health Inc and AmerisourceBergen Corp are expected to pay a combined $21 billion, while drugmaker Johnson & Johnson would pay $5 billion. The money is expected to be used on addiction treatment, family support, education and other social programs. There s not enough money in the world, frankly, to address the pain and suffering, said Connecticut Attorney General William Tong, but added that the money will help where help is needed.

United statesNorth carolinaWest virginiaJeff landryNate raymondPaul gellerBrendan piersonChristine minheeMichael ullmannTom halsBob fergusonJosh steinJoe riceLeslie adlerTodd rokitaWilliam tong

Experts: Spend opioid settlement funds on fighting opioids | News, Sports, Jobs

Experts: Spend opioid settlement funds on fighting opioids | News, Sports, Jobs
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United statesNorth carolinaWest virginiaPaul gellerMatthewl myersBob fergusonJosh steinGrant woodsBradleyd steinWilliam tongJoshua sharfsteinJoelle lesterPurdue pharmaPublic health law centerCampaign for tobaccoCorporation opioid policy center

The Daily Herald - US state officials urge support for landmark $26 bln opioid settlement

The Daily Herald - US state officials urge support for landmark $26 bln opioid settlement
thedailyherald.sx - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailyherald.sx Daily Mail and Mail on Sunday newspapers.

United statesNorth carolinaJeff landryPaul gellerChristine minheeMichael ullmannBob fergusonJosh steinJoe riceTodd rokitaWilliam tongAmerisourcebergen corpSociety foundations soros justice fellowshipPurdue pharmaMckesson corpMallinckrodt plc