Native American tribes reach a tentative opioid settlement with J&J and distributors

  • 📰 WBUR
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Johnson & Johnson, AmerisourceBergen, McKesson and Cardinal Health will pay $590 million to Native American tribes under a proposed settlement for the companies' role in the opioid crisis.

Johnson & Johnson and the opioid distributors AmerisourceBergen, McKesson and Cardinal Health reached a settlement with Native American tribes over their role in the opioid crisis. The drug manufacturer Johnson & Johnson and the opioid distributors AmerisourceBergen, McKesson and Cardinal Health will pay Native American tribes $590 million under the terms of a proposed settlement filed Tuesday.

"This is an historic settlement that goes a small but important distance toward addressing a killing epidemic that devastated tribal communities," said Lloyd Miller, one of the lead tribal attorneys on the case who represents 120 tribes."It is historic because at long last Tribes and States are standing shoulder to shoulder in addressing mass disasters."

The three distributors: AmerisourceBergen, McKesson and Cardinal Health, agreed to pay roughly $440 million over seven years. Johnson & Johnson said the proposed settlement is not an admission of liability or wrongdoing and that its marketing and promotion of opioids was"appropriate and responsible." The company says it no longer sells prescription opioids in the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 274. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Native American tribes reach $590M settlement over opioidsNative American tribes in the U.S. have reached settlements over the toll of opioids totaling $590 million with Johnson & Johnson and the country's three largest drug distribution companies. Native American tribes must be protected, understood and embedded in our society. Reparations for Black History Month 👨🏿‍🌾 Whites! Subscribe to our reparations program to fund free free homes & fresh food rn: 👍🏿 BLKPWR 🖤 urbanag 💗 MLK
Source: chicagotribune - 🏆 8. / 91 Read more »

Trader Joe's Native Coin Climbs as the DEX Unveils 'Modular Staking'Trader Joe's native coin has advanced 58% in the past seven days, outperforming the likes of UNI, CAKE and CRV by a significant margin, reports godbole17. godbole17 See friends, when the new hits, many of us are already too late. So our strategy should be to find them at very early stages. Don’t you think? PlayToEarn 100xgem godbole17 Check this out! BUY $CISLA Goal 2022: Buy an island in the Bahamas 🇧🇸 🏛 Tokenizing an island. NFA & DYOR. Check the regulations of your country before participating. CryptoIslandInc CISLA BSCGems Ethereum PrivateIsland DAO CryptoIslandDAO BSC godbole17 Buy AXL INU AxlToken nextgem 💎 Why AXL INU ? 👇👇👇 ✅ Multichain Staking ⏳ IDO Launchpad ⏱️ Dex Aggregator ⏱️ Lend & Borrow ⏱️ Yield farming ⏱️ NFTs Axl $axl axlinu Floki Shib Doge babydoge saitama Kishu
Source: CoinDesk - 🏆 291. / 63 Read more »