Tag: Opioid Crisis

Purdue Pharma Announced Agreement to Settle U.S. Opioid Litigation

Purdue Pharma L.P. announced that it has reached an agreement in principle on a framework for settling the U.S. opioid litigation facing the Company with 24 state attorneys general, analogous official...

Purdue Pharma and 23 US States Agreed Settlement to Resolve Opioid Crisis

A settlement has purportedly been agreed between Purdue Pharma and 23 US states to resolve the opioid crisis case against the company. Purdue Pharma has reportedly reached a tentative agreement to se...

PHE Warns about Possible Opioid Epidemic in England

Hundreds of thousands of people in England are at risk of dependency on prescription medicines like opioid painkillers, and long-term prescribing rates are too high, says a new report. Public Health ...

US HHS Receive $1.8bn to Continue Combat with Opioid Crisis

The U.S. Department of Health and Human Services (HHS) announced more than $1.8 billion in funding to states to continue the Trump administration’s efforts to combat the opioid crisis by expanding acc...

Allergan Reached Settlement with Plaintiffs in Federal Opioid Litigation

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Allergan plc announced that the Company and its U.S. subsidiaries have reached a settlement with plaintiffs scheduled for trial in October 2019 in the federal opioid multidistrict litigation. As part ...

Purdue Pharma and Sackler Family Offered $12bn to Settle Opioid Cases

Purdue Pharma and members of the multi-billionaire Sackler family, who own the company that makes the prescription painkiller OxyContin, have offered to settle more than 2,000 lawsuits from US states ...

J&J to Appeal Oklahoma’s Opioid Judgment

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Johnson & Johnson and its Janssen Pharmaceutical Companies announced they will appeal the $572 million civil judgment entered in Cleveland County District Court in the State of Oklahoma’s lawsuit ...

Endo and Allergan Reach Settlement with Cuyahoga, Summit Counties Over Opioid Epidemic

In a scramble to avoid the first federal trial over the opioid epidemic, two drug companies have agreed to pay plaintiffs Cuyahoga and Summit counties a combined $15 million in lawsuit settlements.  ...

Yale University and Mayo Clinic Awarded $5.3m Grant by FDA

Yale University and Mayo Clinic have been awarded a grant for up to $5.3 million over two years by the U.S. Food and Drug Administration (FDA) to study patients’ experiences with pain and use of opioi...

Reckitt Benckiser Agreed to Pay $1.4b to End U.S. Opioid Addiction Treatment Probes

Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to b...

Oklahoma is Suing J&J in a Multibillion-Dollar Lawsuit

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Johnson & Johnson faces multibillion opioids lawsuit. Oklahoma is holding the drug giant with the family-friendly image responsible for its addiction epidemic. Day after day, the memos ...

FDA Issued New Draft Guidance For Evaluating Opioid Analgesics

As part of the FDA’s ongoing commitment to assess the benefit-risk of opioid pain medications, the agency issued a new draft guidance, “Opioid Analgesic Drugs: Considerations for Benefit-Risk Assessme...

Insys Filed for Bankruptcy Protection

Drugmaker Insys Therapeutics Inc filed for bankruptcy protection on Monday amid mounting expenses driven by a U.S. Justice Department probe into claims it paid doctors bribes to prescribe a powerful o...

Insys Agreed to Pay $225m to Settle Allegations over Opioid Kickbacks

Insys Therapeutics Inc agreed to pay $225 million and an operating unit will plead guilty to fraud to settle probes into their payment of kickbacks to induce doctors to prescribe highly addictive opio...

Teva Pharmaceutical Agreed to Pay an $85 million to Settle Opioid Claims

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Teva Pharmaceutical Industries Ltd said on Sunday it had agreed to pay an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and o...

McKesson to Pay $37M Settlement for Pill Dumping

Drug distributor McKesson Corp has agreed to pay $37 million to resolve a lawsuit by the state of West Virginia seeking to hold it responsible for contributing to the opioid epidemic, the state’s atto...