Office of Connecticut Attorney General William Tong / Twitter
Connecticut Attorney General William Tong joined six other attorneys general, including New York’s Letitia James, to announce a $26 billion settlement with Johnson & Johnson and three pharmaceutical distributors.
Tong said there is not enough money in the world to address the pain and suffering of people impacted by opioid addiction, but said he believes this is a step in the right direction.
“This is a good amount of money to try to help where help is so much needed, and it does provide some justice to families across Connecticut, across the country, that have lost so much,” Tong said.
U.S. state officials urge support for landmark $26 billion opioid settlement
By Nate Raymond
Reuters
(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.
By Nate Raymond
July 21 (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.
State AGs urge support for landmark $26 billion opioid settlement
By Nate Raymond
Reuters
(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. There s not enough money in the world, frankly, to address the pain and suffering, said Connecticut Attorney General William Tong, adding that the money will help where help is needed.
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.