Illinois gets $760M from opioid settlement with Johnson & Johnson, 3 drug distribution companies

  • 📰 ABC7Chicago
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Illinois will get $760 million from a $26 billion J&J opioid settlement. The Johnson and Johnson lawsuit was about drug addiction and overdose.

WASHINGTON -- Illinois will receive about $760 million from a nationwide settlement finalized Friday with drugmaker Johnson & Johnson and three major drug distributors over their role in the opioid addiction crisis.The state's portion will be distributed to local governments to combat the opioid crisis, Illinois Attorney General Kwame Raoul said Friday.Checks could be cut as soon as April, but none of the money will go directly to opioid victims or their families.

"To date more than 290 units of local government in Illinois have joined the settlement, this includes 94 of the state's 102 counties and 104 of 113 municipalities that are eligible to receive direct resources," he said.

 

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:

 /  🏆 284. 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.

Illinois Finalizes Multi-Million Dollar Settlement With Pharmaceutical Companies Amid Opioid CrisesIllinois finalized a $760 million settlement with pharmaceutical companies on Friday over the opioid crisis. The displaced and the wounded and the hungry of the Ukrainian war are waiting for your humanitarian aid. Please cooperate with us in this holy way.
Source: cbschicago - 🏆 546. / 51 Read more »