Tag: Opioid Crisis

States Rejected an Opioid Settlement Offer by Distributors

After years of opioid litigation and a multibillion-dollar settlement offer from the nation's top drug distributors, nearly two dozen U.S. states have rejected their proposal, The Wall Street Journal ...

Several Pharma Companies Could Face Criminal Charges in Opioid Investigation

Several pharma companies could face criminal charges by federal prosecutors investigating large shipments of opioid painkillers that contributed to the addiction epidemic in the country, according to ...

Reckitt Reached Settlement with New York and States in Opioid Litigations

According to New York Attorney General Letitia James, New York and five other states have reached a $700-million settlement with Reckitt Benckiser over claims that it improperly marketed the opioid ad...

Teva Pharmaceutical Announced Settlement Agreement with Ohio Counties

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Teva Pharmaceutical Industries Ltd. and its affiliates announced a settlement agreement with both Cuyahoga and Summit counties of Ohio. The settlement resolves the counties’ claims and removes Teva f...

Four Drug Producers Reached $260m Deal to Settle Opioid Litigation with Ohio Counties

Teva and three other companies have reached a deal worth $260 million with two Ohio counties to settle opioid litigation ahead of a federal jury trial, reports suggested. The details of the agreement,...

Johnson & Johnson and Teva Ready to Pay to Settle Opioid Litigations

Johnson & Johnson has offered to pay $4 billion to settle all claims accusing the company of helping fuel the U.S. opioid epidemic, as part of a potentially larger deal involving drugmakers and di...

Purdue Owners Profit Hit $13bn

The Wall Street Journal reported that court records filed in Purdue Pharma's ongoing bankruptcy case show that the drugmaker sent $12 billion to $13 billion in profits to its owners, the Sackler famil...

J&J Announced Agreement with Ohio Counties Ahead of Upcoming Opioid Trial

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Johnson & Johnson and its Janssen Pharmaceutical Companies announced a settlement agreement with the Ohio counties of Cuyahoga and Summit that resolves all of the counties’ claims with no admissio...

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.  ...