Texas to receive nearly $1.2 billion through latest opioid settlement with pharmaceutical companies

  • 📰 KUT
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Texas will receive nearly $1.2 billion through the latest opioid settlement with pharmaceutical companies.

The money comes from a $26 billion settlement signed by 52 American states and territories that Texas joined in July.that the state had reached a nearly $1.2 billion opioid settlement with three of the nation’s top pharmaceutical distributors: Cardinal, McKesson, and AmerisourceBergen. He said they were sued “for their role in creating and fueling the nationwide opioid epidemic.”

“We wanted to make sure this money went to the crisis, that it didn’t end up in the general revenue where it would be spent on all kinds of good things, but we wanted to address this,” said Paxton during a press conference. “So, the Attorneys General across the country put together this opioid council, and in our state, we’ve appointed different people to do that. The Governor has, I have, and others have.

Mahan joined Paxton Wednesday in announcing the settlement at LifePath’s McKinney facility. She said she’s excited that this will help increase access to “all sorts of treatments” for opioid addiction. In addition to working with other states on the deal, the AG’s office partnered with county judges across Texas, along with local officials from Collin, Dallas, Bexar, Harris, and Tarrant counties.

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:

 /  🏆 77. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Metaverse will become a $1 trillion market opportunity, says JP MorganJP Morgan Chase has become the first bank in the world to set up shop in the metaverse. Its new office is located in the Metajuku Mall in Decentraland, a popular platform for buying real estate in the digital realm.
Source: IntEngineering - 🏆 287. / 63 Read more »