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West Virginia isn t part of proposed $26 billion national opioid settlement

CHARLESTON – While a bipartisan group of state attorneys general have announced a tentative $26 billion settlement with four drug companies over their roles in the opioid epidemic, West Virginia will not be a part of the agreement. Three drug distributors – Cardinal Health, McKesson and AmerisourceBergen – would pay $21 billion over 18 years under the settlement, and the companies would admit no wrongdoing. Johnson & Johnson, which previously manufactured and marketed opioids, would pay up to $5 billion over nine years. But shortly after the tentative settlement with more than 40 states was announced, West Virginia Attorney General Patrick Morrisey reiterated his opposition to a settlement because he says it shortchanges the state, its counties and its municipalities.

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US opioid crisis: Drug firms agree $26 billion settlement | News | DW

US opioid crisis: Drug firms agree $26 billion settlement The landmark deal would see Johnson & Johnson, along with three other drug distributors, pay out to resolve thousands of legal claims over the opioid epidemic. The opioids crisis has caused more than 500,000 deaths in the US in the last 20 years A group of US state prosecutors on Wednesday unveiled a landmark settlement with large drug companies over the deadly nationwide opioid crisis. What are the details of the deal? Three drug distributors, McKesson, Cardinal Health and Amerisource Bergen, are expected to pay a combined $21 billion. Drugmaker Johnson & Johnson (J&J) would pay $5 billion.

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Drug companies, US states reach $26 billion settlement over opioid crisis

Drug companies, US states reach $26 billion settlement over opioid crisis Issued on: 22/07/2021 - 01:25 The opioids epidemic in the United States has caused more than 500,000 deaths in the last 20 years © Eric Baradat, AFP/File 4 min 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. Advertising Read more 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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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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Washington Rejects Opiod Settlement | 106 7 The Eagle

Jul 22, 2021 Attorney General Bob Ferguson today announced that he formally rejected a proposed settlement with opioid distributors McKesson, Cardinal Health and Amerisource Bergen, and Johnson & Johnson. The Attorney General’s Office has been litigating against these companies for years. Trial against McKesson, Cardinal Health and Amerisource Bergen begins in King County Superior Court on September 7. Ferguson’s trial against Johnson & Johnson is scheduled to begin in King County Superior Court in January 2022. King County Superior Court Judge Michael Scott rejected the opioid distributors’ attempt to delay the trial. He reserved the King County ceremonial courtroom for the trial. These corporations fueled the opioid epidemic. Ferguson has stated publicly that any resolution must result in real accountability, and provide a transformative amount of money for state and local governments to address the opioid epidemic that continues to devastate Washington families.

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