4 drug firms settle $26-B opioid case

4 drug firms settle 26 b opioid case

Sumary of 4 drug firms settle $26-B opioid case:

  • Johnson, would pay to resolve some 4,000 claims as well as finance prevention and treatment programs, said New York Attorney General Letitia James.
  • At least two states, Washington and West Virginia, criticized the agreement and vowed to continue litigation.
  • Washington State Attorney General Bob Ferguson said the proposed $527.5-million payoff to his state over 18 years was “not a transformative amount of money, and is not sufficient to address the opioid’s crisis’ devastation.
  • ” West Virginia Attorney General Patrick Morrisey, who settled previously with the three distributors but still has a case open against J&J, said the agreement “shortchanges” smaller states by apportioning funds on the basis of population rather than “the intensity of the opioid crisis.
  • “We want to get these monies in our communities as quickly as possible, and to the maximum amount possible because people are dying, and we want to save lives,” said North Carolina Attorney General Josh Stein.
  • Besides New York and North Carolina, the states of Connecticut, Delaware, Louisiana, Pennsylvania and Tennessee have already signed the deal.

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