Governments, opioid companies reach $26B agreement

governments opioid companies reach 26b agreement

Sumary of Governments, opioid companies reach $26B agreement:

  • Back to Healio State and local governments across the U.S. have reached an agreement with Johnson &
  • Johnson, McKesson, Cardinal Health and AmerisourceBergen that will provide up to $26 billion to fight the opioid epidemic, the parties involved announced.
  • The agreement settles claims of nearly 4,000 state and local governments that filed lawsuits in federal and state courts.
  • “No amount of money, no number of sanctions, will be able to right these wrongs,” Pennsylvania Attorney General Josh Shapiro said in a press release issued by the state.
  • ” According to the press release, the 10-year agreement stipulates that Johnson &
  • and give clinical trial data as appropriate under the Yale University Open Data Access Project.
  • In addition, the 10-year agreement with opioid distributors Cardinal, McKesson and AmerisourceBergen mandates these companies: create a “centralized independent clearinghouse” that supplies the three distributors and state regulators with aggregated data and analytics regarding where drugs are going and how frequently;
  • ” The company also pointed out that its agreement with the settlement “is not an admission of any liability or wrongdoing.

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