Drug companies may pay $50 billion for their role in the opioid crisis

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Five of the many companies accused in thousands of federal and state lawsuits over the nation's opioid epidemic may settle for over $50 billion, a source says

Three pharmaceutical distribution companies -- AmerisourceBergen, Cardinal Health, and McKesson Corporation -- are in negotiations to settle with over 2,000 state, local and Native American tribal governments over their alleged roles in the nationwide opioid crisis, according to the source.

Oklahoma judge miscalculated how much Johnson & Johnson would pay for the state's opioid crisisIf an agreement is reached, the source said that the settlement would also involve Teva Pharmaceuticals contributing $15 billion in anti-addiction drugs, plus an additional $14 billion towards the distribution of those drugs. Teva is one of the biggest producers of generic drugs.

 

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

Hay pillpoping dirt bag Amy 🖕 Elderly Abuse i$ A C R i M Eass Hole !!!!!!

to the victims and surviving families, or to lawyers and the government?

Big pharma pushers don’t go to jail huh?

Freeze assets and allow no transfer to USA government. Thieving garbage.

A Real Tragedy 4 Biz. Now the Drug Co's will Pass those Charges Directly Back on the Consumer. The States think they R Accomplishing something. Think Again Idiots.

Now, where's the settlement from the US GOV'T for Iran-Contra distribution of Cocaine in Urban Cities across the country in 80s resulted in Jail/Crack Addiction?LindseyGrahamSC Regan and AGBARR did the exact same thing he's doing now Mueller Ukrainegate Covering their tracks.

This is a scape-goat method of resolution. There may things that Pharmaceutical companies can improve on and some Drs- but it is NOT the Pharmaceutical Co or most of the Dr's that fingers only point to.. addicts will get on the street what they want.

And nobody will spend a single minute in prison.

States will piss that away in a couple of years and have zero to show for it

Good start.

But they made hundreds of billions.

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:

 /  🏆 4. in NG

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.

Massive drug companies pursuing $50 billion deal to avoid opioid trialThe nation's 3 largest opioid distributors and 2 opioid manufacturers are in talks to settle the more than 2,000 lawsuits against them over their role in the opioid epidemic for $50B. The nation's 3 largest opioid distributors and 2 opioid manufacturers are in talks to settle the more than 2,000 lawsuits against them over their role in the creation of the heroin market for the Narco cartels Liquidate them entirely and throw every C level officer in prison for life What about the MILLIONS of people they’re HELPING with their chronic pain medication...(botched surgery)16yrs ago this didn’t become a problem until the white privileged kids started taking their parents meds and overdosing...😡
Source: NBCNews - 🏆 10. / 86 Read more »