Johnson & Johnson was ordered to pay far less than the $17.2 billion the state asked for. : A judge in Oklahoma ruled Monday that Johnson & Johnson will have to pay the state $572 million for its role in fueling the opioid crisis—the first decision in a court case attempting to hold a pharmaceutical company accountable for the spread of the highly addictive painkillersOklahoma's will use the settlement money to fund addiction treatment programs.
The decision is a hopeful sign for thousands of similar lawsuits against pharmaceutical companies around the country, including a number of cases going before a federal judge in Ohio.Johnson & Johnson said in a statement it would appeal the decision. The state of Oklahoma argued that Johnson & Johnson created a “public nuisance” by deceptively advertising opioid painkillers to doctors. The same legal argument was used to fight Big Tobacco companies, and the decision provides a legal roadmap for for other cases against pharmaceutical companies.
In defense, Johnson and Johnson said it’s not responsible for the crisis, and only produced less than 1% of opioids in the state. “Janssen did not cause the opioid crisis in Oklahoma, and neither the facts nor the law support this outcome,” said Michael Ullmann, Johnson & Johnson's general counsel. “We recognize the opioid crisis is a tremendously complex public health issue and we have deep sympathy for everyone affected. We are working with partners to find ways to help those in need.
So what about the Crack And or Heroin that was pumped into the black community almost daily? Who is held accountable for that? Since this affects the white race now people are up in an uproar.
But a black man gets choked to death for selling loose cigs, but they help fuel an epidemic and their insurance will cover that costs if they have to pay it.
Chump change for them. Their attorney feels won't be.
that fine for the damage caused to families is like giving a mass murderer two weeks of community service.
People should just use $endv technology
I’m curious as to what the ruling will be with Walgreens.
👺👺👺👺👺
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.
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Source: NBCNews - 🏆 10. / 86 Read more »