Drug companies strike 11th-hour deal to avoid major opioid trial

  • 📰 politico
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Major drug companies reached a late-breaking settlement with two Ohio counties over their alleged role in the opioid epidemic hours before the first federal trial was set to begin today

.

U.S. District Court Judge Dan Polster, who is supervising most of the consolidated litigation, announced from the bench Monday morning that the trial will not move forward, a court representative confirmed. Plaintiff attorneys are keeping their thoughts about a broader settlement close to the vest, saying only that talks are ongoing “to achieve a global resolution that will provide resources to abate the epidemic nationwide.” State attorneys general have been pushing for a megadeal with the drugmakers.

“The global resolution we are working to finalize will accomplish those goals while also ensuring that these companies change their business practices to prevent a public health crisis like this from ever happening again,” the attorneys general said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

These opioid drug suits should NOT be settled. Settling at the last minute with no admission of wrong-doing is the standard cover-up practice.

Cool. So who's going to prison?

'alleged'

What’s a life worth? There’s no amount of $ that can ease the pain of losing someone you loved! people that pushed opioid flood on Americans because addiction was profitable are serial killers Let’s stop pretending corporations are people and send some elitist snobs to prison?

The CEO's should be in jail.

With two counties? Man some lawyers making bank off this. Sad

Shocking! Hold them accountable!!

Some CEOs’ kids won’t get new Bentleys this year.

One that minimises any damages that they have to pay.

I’m quite sure I won’t see a dime for the years of my life that we’re lost to their drug dealing nor will the families of the several friends who died RIP. Who gets this money?

Where does the settlement money go tho?

Imagine that....

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:

 /  🏆 381. 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.

WSJ News Exclusive | Four Drug Companies Reach Last-Minute Settlement in Opioid LitigationAmerisourceBergen, Cardinal Health, McKesson and Teva have reached a settlement to avoid a trial seeking to blame them for fueling the opioid crisis, according to people familiar with the matter. When your little light begins to attract the rewards of the great sparks of light, never relent in your shine. Keep shining. What responsibility do the accreditation / health care beaurocrats have in the bullying of physicians into overprescribing to get to the smiling face on pain scale?
Source: WSJ - 🏆 98. / 63 Read more »

Drug companies reach settlement as opioid trial set to beginFour drug companies reached a last-minute legal settlement over their role in th... Lawyers get paid and people are still dead in a ditch. any settlement that doesn't include prison sentences for drug company execs is not justice The root of the problem is the wire. Vampires. People need natural dope. Fix THAT problem.
Source: Reuters - 🏆 2. / 97 Read more »

Drug companies reach tentative deal to settle opioids lawsuitThere IS NOT OPIOD CRASIS They will issue a heartfelt apology... once they get around to it. If you don't try, you will never know. 'It's better to live with failure after trying than with the regret of not trying when you should have!'
Source: politico - 🏆 381. / 59 Read more »