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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 billi...

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,...

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 n...

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, educ...

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 Re...