Four drug firms agree to pay $26bn in proposed US opioid settlement
published : 22 Jul 2021 at 07:45 The opioids epidemic in the United States has caused more than 500,000 deaths in the last 20 years.
NEW YORK: Prosecutors from several US states on Wednesday unveiled a sweeping proposed settlement under which four pharmaceutical companies accused of fueling the country s opioid epidemic would pay up to $26 billion to resolve thousands of claims in federal and state courts.
Under the proposed agreement, three drug distributors McKesson, Cardinal Health and Amerisource Bergen along with drugmaker Johnson & Johnson, would pay to resolve some 4,000 claims as well as finance prevention and treatment programs, said New York Attorney General Letitia James.
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