Johnson & Johnson to 'exit' US opioid business

  • 📰 rtenews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 99%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

As part of a $230 million legal settlement in New York, Johnson & Johnson said it would 'exit' the opioid business in the United States

US pharmaceutical giant Johnson & Johnson will "exit from the opioid business nationally" as part of a $230 million settlement with New York, the state's attorney general Letitia James said Saturday.

It could also pay an additional $30 million in the first year if the state enacts new legislation creating an opioid settlement fund. "The opioid epidemic has wreaked havoc on countless communities across New York state and the rest of the nation, leaving millions still addicted to dangerous and deadly opioids," Ms James said in the statement.

 

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:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines