Pharma company that makes painkiller Oxycontin to offer over $10 billion to settle claims in US

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Purdue Pharma said it 'sees little good coming from years of wasteful litigation'.

File photo. Oxycontin Image: Shutterstock/PureRadiancePhoto File photo. Oxycontin Image: Shutterstock/PureRadiancePhoto PURDUE PHARMA, WHOSE prescription painkiller Oxycontin is blamed for much of the US opioid addiction epidemic, has offered $10-12 billion to settle thousands of claims against the company, NBC News reported today.

“The people and communities affected by the opioid crisis need help now. Purdue believes a constructive global resolution is the best path forward, and the company is actively working with the state attorneys general and other plaintiffs to achieve this outcome.” J&J was ordered by an Oklahoma court to pay the state $572 million in damages for its role in stoking the crisis.

Related Reads 27.08.19 Explainer: Why a US court ruling could be a turning point in one of the country's worst-ever drug epidemics 26.08.19 Johnson & Johnson ordered to pay over $570 million in landmark opioid trial

 

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:

 /  🏆 32. in CA

Canada Canada Latest News, Canada Canada Headlines