4 U.S. companies will pay $26 billion to settle claims they fueled the opioid crisis
2 years, 9 months ago

4 U.S. companies will pay $26 billion to settle claims they fueled the opioid crisis

NPR  

4 U.S. companies will pay $26 billion to settle claims they fueled the opioid crisis Enlarge this image toggle caption Keith Srakocic/AP file photo Keith Srakocic/AP file photo Four of the largest U.S. corporations have agreed to pay roughly $26 billion to settle a tsunami of lawsuits linked to claims that their business practices helped fuel the deadly opioid crisis. Sponsor Message "This settlement represents real accountability," said North Carolina state Attorney General Josh Stein, who helped negotiate the deal. In a joint statement, the drug wholesalers said they had determined that enough governments had signed onto the deal to move forward with a "comprehensive agreement to settle the vast majority of the opioid lawsuits." In a separate statement, Johnson & Johnson said its contribution to the deal would "directly support state and local efforts to make meaningful progress in addressing the opioid crisis."

Rice Settlement Companies Pay Crisis State Stein Billion Drug Sponsor Message Opioid This Settlement Oxycontin Settle Claims Deal Settle  settlement  state  pay  companies  communities  26  deal  settle  claims  drug  health  crisis  opioid  billion  fueled

History of this topic

How are states spending their opioid settlement cash? Look yours up in this database
1 week, 1 day ago

How are states spending their opioid settlement cash? Look yours up in this database

NPR  

How are states spending their opioid settlement cash? Look yours up in this database toggle caption Celia Talbot Tobin for KFF Health News In the past few years, state and local governments across the U.S. have begun spending billions in opioid settlements paid by companies accused of fueling the overdose crisis. Across the country, the money supports other innovative treatment …

McKinsey & Company to pay $650 million for role in opioid crisis
1 week, 4 days ago

McKinsey & Company to pay $650 million for role in opioid crisis

NPR  

McKinsey & Company to pay $650 million for role in opioid crisis Drew Angerer/Getty Images; Fabrice Coffrini/AFP via Getty Images; Charles Krupa/AP Photo/AFP The global consulting firm McKinsey and Company Friday agreed to pay $650 million to settle a federal probe into its role in helping "turbocharge" sales of the highly addictive opioid painkiller OxyContin for Purdue Pharma, the U.S. …

McKinsey to pay $650m to settle US opioid consulting probe
1 week, 4 days ago

McKinsey to pay $650m to settle US opioid consulting probe

Al Jazeera  

Prosecutors say McKinsey provided Purdue advice on measures it could take to ‘turbocharge’ OxyContin sales. Consulting firm McKinsey & Company has agreed to pay $650m to resolve a United States Department of Justice investigation into the consulting firm’s work advising opioid manufacturer Purdue Pharma on how to boost OxyContin sales. “We are deeply sorry for our past client service to …

How should the opioid settlements be spent? Those hit hardest often don’t have a say
2 weeks, 1 day ago

How should the opioid settlements be spent? Those hit hardest often don’t have a say

Associated Press  

People with substance use disorder across the country are not getting a formal say in how most of the approximately $50 billion in opioid lawsuit settlement money is being used to stem the crisis, a new analysis found. Brandon Marshall, a professor of epidemiology at the Brown University School of Public Health and a former member of the Rhode Island …

Philadelphia criticized for how it's spending millions from opioid lawsuits
1 month ago

Philadelphia criticized for how it's spending millions from opioid lawsuits

NPR  

Philadelphia criticized for how it's spending millions from opioid lawsuits toggle caption Solmaira Valerio Ever since moving in five years ago, Tiffany has been unable to open her house's windows. Over a third of that pot, $7.5 million, was set aside specifically for Kensington, and divided into five "buckets" — for parks, schools, home repairs, rent relief, and support for …

We checked up on the states that promise transparency on opioid settlement funds
1 month, 2 weeks ago

We checked up on the states that promise transparency on opioid settlement funds

NPR  

We checked up on the states that promise transparency on opioid settlement funds toggle caption Andrew Lichtenstein/Corbis via Getty Images To discover how millions in opioid settlement funds are being spent in Idaho, you can visit the attorney general’s website, which hosts 91 documents from state and local entities getting the money. Victims of the crisis, advocates, and public policy …

California finalizes $122 million opioid settlement with grocery giant Kroger
1 month, 2 weeks ago

California finalizes $122 million opioid settlement with grocery giant Kroger

LA Times  

California will receive $122 million in a settlement agreement with Kroger, the grocery chain and parent company of Ralphs, to resolve lawsuits over its alleged role in the opioid crisis and how its pharmacies dispensed prescription painkillers to customers. The settlement agreement calls for the company to pay $1.2 billion to state and local governments and $36 million to Native …

In California, opioid settlement money helps fund lifesaving drugs and police projects
5 months, 1 week ago

In California, opioid settlement money helps fund lifesaving drugs and police projects

LA Times  

Sonja Verdugo distributes naloxone, clean needles and other products aimed at reducing risk among those living in homeless encampments around Los Angeles. In California, local governments must report how they spend settlement funds to the state’s Department of Health Care Services, but there’s no requirement that the reports be made public. The opioid settlement money “was invaluable,” Corina Hahn, the …

Supreme Court shreds $6 billion opioid settlement plan in ruling against Sackler family
5 months, 3 weeks ago

Supreme Court shreds $6 billion opioid settlement plan in ruling against Sackler family

The Independent  

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Local governments struggle to distribute their share of billions from opioid settlements
7 months, 1 week ago

Local governments struggle to distribute their share of billions from opioid settlements

Associated Press  

Settlement money to help stem the decades-long opioid addiction and overdose epidemic is rolling out to small towns and big cities across the U.S., but advocates worry that chunks of it may be used in ways that don’t make a dent in the crisis. As state and local governments navigate how to use the money, advocates say local governments may …

OxyContin marketer, opioid maker announce settlements totaling $500 million
10 months, 3 weeks ago

OxyContin marketer, opioid maker announce settlements totaling $500 million

Associated Press  

An advertising agency that helped develop marketing campaigns for OxyContin and other prescription painkillers and a drugmaker announced separate agreements Thursday worth a total of $500 million to avoid going to trial on claims that they bore some responsibility for the nation’s opioid crisis. The office of New York Attorney General Letitia James, who led negotiations with the company, said …

Consulting giant McKinsey agrees to $78 million settlement in opioid case
11 months, 3 weeks ago

Consulting giant McKinsey agrees to $78 million settlement in opioid case

Hindustan Times  

A $78 million settlement has been reached between McKinsey and Co., a consulting firm, and a group of insurers and healthcare funds who accused the firm of contributing to the opioid addiction crisis through its work with drug manufacturers. The settlement would create a fund that McKinsey would use to pay back insurers, private benefit plans and others who incurred …

Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids
11 months, 3 weeks ago

Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids

Associated Press  

Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds that its work with drug companies helped fuel an opioid addiction crisis. Under the agreement, McKinsey would establish a fund to reimburse insurers, private benefit plans and others for some or all of their prescription opioid costs. The insurers argued …

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits
1 year, 3 months ago

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits

Associated Press  

One of the nation’s largest grocery chains is the latest company to agree to settle lawsuits over the U.S. opioid crisis. In a deal announced Friday, the Kroger Co. would pay up to $1.4 billion over 11 years. Over the past eight years, prescription drug manufacturers, wholesalers, consultants and pharmacies have proposed or finalized opioid settlements totaling more than $50 …

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits
1 year, 3 months ago

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits

LA Times  

Kroger on Friday announced an agreement to pay up to $1.4 billion to settle lawsuits that claimed the company contributed to the U.S. opioid crisis. One of the nation’s largest grocery chains is the latest company to agree to settle lawsuits over the U.S. opioid crisis. Over the last eight years, prescription drug manufacturers, wholesalers, consultants and pharmacies have proposed …

Nevada secures $285M opioid settlement with Walgreens, bringing total settlements to $1 billion
1 year, 5 months ago

Nevada secures $285M opioid settlement with Walgreens, bringing total settlements to $1 billion

Associated Press  

LAS VEGAS — The state of Nevada has reached a $285 million settlement with Walgreens regarding the pharmacy chain’s role in the opioid epidemic, the state’s top lawyer announced Wednesday. The last in a series of multiyear settlements with pharmaceutical companies, retailers and others, it pushes Nevada’s total anticipated payments stemming from opioid claims to $1.1 billion, state Attorney General …

Nevada secures $152 million opioid settlement with pharmacy chain CVS
1 year, 7 months ago

Nevada secures $152 million opioid settlement with pharmacy chain CVS

Associated Press  

CARSON CITY, Nev. — Nevada and pharmacy chain CVS have reached a nearly $152 million settlement to be paid over the next decade to end a lawsuit over opioid claims, state Attorney General Aaron Ford announced Tuesday. It also puts the total money Nevada expects to receive from opioid litigation settlements since 2020 at $606 million, according to Ford’s office. …

Opioid legal charge pushes Walgreens to $3.7B fiscal 1Q loss
1 year, 11 months ago

Opioid legal charge pushes Walgreens to $3.7B fiscal 1Q loss

Associated Press  

A huge opioid settlement dragged Walgreens to a $3.7 billion loss for the first quarter, but the drugstore chain still beat Wall Street forecasts. Sales from Walgreens’ U.S. pharmacies slid 3% to $27.2 billion compared to the previous year’s quarter. Walgreens’ developing U.S. health care business brought in first-quarter sales of $989 million after totaling $51 million a year ago. …

California to receive $470 million from CVS in opioid settlement
1 year, 11 months ago

California to receive $470 million from CVS in opioid settlement

LA Times  

Lawsuits by numerous states accused CVS and other pharmacy chains of fueling the opioid crisis by filling prescriptions that should have been flagged as inappropriate. California is expected to receive about $470 million from a multistate settlement with CVS over allegations that the pharmacy chain contributed to the country’s opioid crisis, the state attorney general’s office said Tuesday. Last year, …

50 states sign up for Walmart’s opioid settlement framework
2 years ago

50 states sign up for Walmart’s opioid settlement framework

CNN  

New York CNN — Walmart said it has reached settlement agreements with all 50 US states as part of a $3.1 billion nationwide opioid settlement announced last month. In November, the retailer announced a settlement from multiple states’ attorneys general that accused the company of failing to regulate opioid prescriptions contributing to the nationwide opioid crisis. The settlement, according to …

California could receive more than $500 million from Walgreens opioid settlement
2 years ago

California could receive more than $500 million from Walgreens opioid settlement

LA Times  

California could see more than $500 million from a $5.7-billion multistate agreement with Walgreens to settle lawsuits over its role in the opioid epidemic. California could receive more than $500 million from a $5.7-billion multistate agreement to settle a raft of lawsuits filed against Walgreens over the pharmacy chain’s role in the opioid crisis, officials said. “The settlement will resolve …

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales
2 years ago

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales

NPR  

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales Enlarge this image toggle caption Keith Srakocic/AP Keith Srakocic/AP CVS and Walgreens have agreed to pay more than $10 billion to several states in a settlement of lawsuits brought against them alleging their roles in the opioid crisis. CVS would pay nearly $5 billion over …

CVS, Walgreens finalize $10B in settlements over opioids
2 years ago

CVS, Walgreens finalize $10B in settlements over opioids

Associated Press  

CVS and Walgreens have agreed to pay state and local governments a combined total of more than $10 billion to settle lawsuits over the toll of opioids and now want to know by Dec. 31 whether states are accepting the deals. States announced final details Monday of settlements that the two largest pharmacy chains in the U.S. offered last month. …

Walmart offers to pay $3.1 billion to settle opioid lawsuits
2 years, 1 month ago

Walmart offers to pay $3.1 billion to settle opioid lawsuits

Associated Press  

Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll of powerful prescription opioids sold at its pharmacies, becoming the latest major drug industry player to promise major support to state, local and tribal governments still grappling with a crisis in overdose deaths. Bentonville, Arkansas-based Walmart said in a statement that it “strongly disputes” allegations in lawsuits from …

CVS, Walgreens announce opioid settlements totaling $10B
2 years, 1 month ago

CVS, Walgreens announce opioid settlements totaling $10B

Associated Press  

The two largest U.S. pharmacy chains, CVS Health and Walgreen Co., announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids, and a lawyer said Walmart, a third pharmacy behemoth, is in discussions for a deal. Walgreens said in a statement: “As one of the largest pharmacy chains in the …

US pharmacy companies reach $10bn settlement over opioid claims
2 years, 1 month ago

US pharmacy companies reach $10bn settlement over opioid claims

Al Jazeera  

The deals mean CVS and Walgreens will pay more than $10bn for their roles in the opioid crisis that continues to claim thousands of lives in US. Two US pharmacy chains have reached a tentative settlement over lawsuits brought by state, local, and tribal governments accusing the companies of contributing to the opioid crisis through irresponsible practices. CVS Health and …

McKinsey reaches deal with US local governments over opioids
2 years, 1 month ago

McKinsey reaches deal with US local governments over opioids

Al Jazeera  

Leading consulting firm McKinsey & Co has agreed to settle claims by hundreds of United States local governments and school districts around the country that it fuelled an epidemic of opioid addiction through its work for bankrupt OxyContin maker Purdue Pharma LP and other drug companies. McKinsey previously agreed to pay more than $600m to settle opioid claims brought by …

$500M-plus from opioid deal starts heading to Washington
2 years, 2 months ago

$500M-plus from opioid deal starts heading to Washington

Associated Press  

SEATTLE — The first payments from a $518 million settlement with the nation’s three largest opioid distributors will begin reaching Washington communities in December, providing much-needed cash officials can use to hire first responders or direct toward prevention, treatment and other services, Attorney General Bob Ferguson said Monday. “These significant resources will help Washington fight back against the opioid epidemic …

Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit
2 years, 4 months ago

Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit

Associated Press  

CLEVELAND — A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that sued CVS, Walgreens and Walmart over the way the national pharmacy chains distributed opioids to their communities. U.S. District Judge Dan Polster said in his ruling that the money will be used to the fight the opioid crisis in Lake and Trumbull …

Drugmaker Teva latest to settle opioid lawsuits nationally
2 years, 4 months ago

Drugmaker Teva latest to settle opioid lawsuits nationally

Associated Press  

Drugmaker Teva announced Tuesday that it has agreed to contribute more than $4.3 billion in cash and medications to settle lawsuits in the state and local governments and Native American tribes that claimed the company contributed to the U.S. opioid epidemic. In their lawsuits, state governments and others claimed the Israel-based company promoted Actiq and Fentora, prescription opioids approved to …

San Francisco reaches $58m opioid settlement with Teva, Allergan
2 years, 5 months ago

San Francisco reaches $58m opioid settlement with Teva, Allergan

Al Jazeera  

Teva will pay $25m in cash and contribute a $20m supply of an overdose-reversal drug, while AbbVie’s Allergan will pay $13m. Teva Pharmaceutical Industries and AbbVie’s Allergan unit on Tuesday reached a $58m settlement with the United States city of San Francisco just before completion of a trial over claims that they fuelled an opioid epidemic in the city. Under …

Tentative $161.5M settlement reached in WVa opioid trial
2 years, 6 months ago

Tentative $161.5M settlement reached in WVa opioid trial

Associated Press  

CHARLESTON, W.Va. — Attorneys for the state of West Virginia and two remaining pharmaceutical manufacturers have reached a tentative $161.5 million settlement just as closing arguments were set to begin in a seven-week trial over the opioid epidemic, Attorney General Patrick Morrisey said Wednesday. West Virginia had reached a $99 million settlement with drugmaker Johnson & Johnson’s subsidiary Janssen Pharmaceuticals …

Judge to decide how much pharmacies owe over opioid crisis
2 years, 7 months ago

Judge to decide how much pharmacies owe over opioid crisis

Associated Press  

CLEVELAND — A hearing has begun in federal court in Cleveland for a judge to determine how much CVS, Walgreens and Walmart pharmacies should pay two Ohio counties to help them ease the ongoing costs and problems caused by the opioid crisis. Drug overdose deaths increased since 2015 because of synthetic opioids like fentanyl in the two counties, Keyes said, …

US judge to decide how much pharmacies owe over opioid crisis
2 years, 7 months ago

US judge to decide how much pharmacies owe over opioid crisis

Al Jazeera  

Approximately 80 million prescription painkillers were dispensed in Trumbull County between 2012 and 2016 — 400 for every county resident — while 61 million pills were dispensed in Lake County during that five-year period — 265 pills for every resident. That is the question in front of a federal judge in Cleveland, who will begin hearing testimony on Tuesday after …

Washington reaches $518M settlement with opioid distributors
2 years, 7 months ago

Washington reaches $518M settlement with opioid distributors

Associated Press  

SEATTLE — Months into a complex trial over their role in flooding Washington with highly addictive painkillers, the nation’s three largest opioid distributors agreed Tuesday to pay the state $518 million, with the vast majority being directed toward easing the addiction epidemic. Attorney General Bob Ferguson announced the deal, noting that it’s worth tens of millions of dollars more than …

Washington state reaches $518m settlement with opioid suppliers
2 years, 7 months ago

Washington state reaches $518m settlement with opioid suppliers

Al Jazeera  

The agreement ends a months-long trial over the companies’ alleged role in fuelling the opioid epidemic in the state, the three companies said on Tuesday. Washington has reached a $518m settlement with drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal Health, ending a months-long trial over the companies’ alleged role in fuelling the opioid epidemic in the northwestern United States …

McKinsey exec faces questions on opioid, FDA consulting work
2 years, 7 months ago

McKinsey exec faces questions on opioid, FDA consulting work

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

J&J’s Janssen settles with WVa for $99M in opioid lawsuit
2 years, 8 months ago

J&J’s Janssen settles with WVa for $99M in opioid lawsuit

Associated Press  

CHARLESTON, W.Va. — West Virginia will receive $99 million in a settlement finalized Monday with Johnson & Johnson’s subsidiary Janssen Pharmaceuticals Inc. over the drugmaker’s role in perpetuating the opioid crisis in the state that has long led the nation in drug overdose deaths. State Attorney General Patrick Morrisey said during a news briefing that he believes West Virginia’s settlement …

EXPLAINER: Where do US opioid trials, settlements stand?
2 years, 8 months ago

EXPLAINER: Where do US opioid trials, settlements stand?

Associated Press  

The effort to hold drug companies, pharmacies and distributors accountable for their role in the opioid crisis has led to a whirlwind of legal activity around the U.S. that can be difficult keep tabs on. OTHER DRUGMAKERS In a major court victory for drugmakers last year, a California judge ruled against some local governments in their case against pharmaceutical companies …

Trial Opens In Florida Opioid Lawsuit Case Against Walgreens
2 years, 8 months ago

Trial Opens In Florida Opioid Lawsuit Case Against Walgreens

Huff Post  

MILL VALLEY, CALIFORNIA - JANUARY 06: An exterior view of a Walgreens store on January 06, 2022 in Mill Valley, California. Trial opened Monday in Florida’s opioid epidemic lawsuit against the Walgreens pharmacy chain, which state officials accuse of prioritizing profits over health by improperly dispensing millions of powerful painkillers that caused tens of thousands of deaths. Justin Sullivan via …

Purdue Pharma’s Sacklers reach $6BN opioid deal with US states
2 years, 9 months ago

Purdue Pharma’s Sacklers reach $6BN opioid deal with US states

Al Jazeera  

The deal eases Purdue Pharma’s path towards resolving trillions of dollars in claims and gives the Sackler family broad immunity from future opioid lawsuits in the United States. Members of the billionaire Sackler family that own Purdue Pharma LP have agreed to a bigger opioid settlement with the handful of states that worked to overturn its prior deal. The agreement …

Purdue Pharma, U.S. states agree to new opioid settlement
2 years, 9 months ago

Purdue Pharma, U.S. states agree to new opioid settlement

LA Times  

OxyContin maker Purdue Pharma reached a settlement Thursday over its role in the nation’s deadly opioid crisis that includes U.S. states and thousands of local governments, with the Sackler family members who own the company boosting their cash contribution to as much as $6 billion. While the families have acted lawfully in all respects, they sincerely regret that OxyContin, a …

J&J, distributors finalize $26B landmark opioid settlement
2 years, 9 months ago

J&J, distributors finalize $26B landmark opioid settlement

Associated Press  

CAMDEN, N.J. — Drugmaker Johnson & Johnson and three major distributors finalized nationwide settlements over their role in the opioid addiction crisis Friday, an announcement that clears the way for $26 billion to flow to nearly every state and local government in the U.S. Taken together, the settlements are the largest to date among the many opioid-related cases that have …

Johnson & Johnson, 3 distributors finalize landmark $26-billion opioid settlement
2 years, 9 months ago

Johnson & Johnson, 3 distributors finalize landmark $26-billion opioid settlement

LA Times  

Used syringes are disposed of Thursday at a needle exchange run by a health center in Camden, N.J. Drugmaker Johnson & Johnson and three major distributors finalized nationwide settlements over their role in the opioid addiction crisis Friday, an announcement that clears the way for a cumulative $26 billion to flow to nearly every state and local government in the …

Tribes: Settlement in opioids case will foster healing
2 years, 10 months ago

Tribes: Settlement in opioids case will foster healing

Associated Press  

Cheryl Andrews-Maltais takes note of the heart-wrenching dates that remind Wampanoag families that they’re still in the midst of the opioid drug crisis — birthdays of loved ones lost, anniversaries of their passing. “Sometimes people, optically, think that these kind of treatment centers become a magnet to drug dealers and the underbelly of that industry,” said Jamestown S’Klallam Chairman W. …

Native American tribes reach $590mn opioid settlement with J&J, drug distributor
2 years, 10 months ago

Native American tribes reach $590mn opioid settlement with J&J, drug distributor

Live Mint  

Johnson & Johnson and three major U.S. drug distributors agreed to pay nearly $590 million to Native American tribes heavily affected by the opioid crisis to resolve litigation against the companies. “We view the settlement as a first critical step in starting to address the opioid epidemic that has disproportionately impacted Indian country," said Tara Sutton, an attorney for the …

US opioid crisis: Pharma giants to pay $590 million to Native Americans to settle claims
2 years, 10 months ago

US opioid crisis: Pharma giants to pay $590 million to Native Americans to settle claims

Firstpost  

The US opioid crisis has claimed more than 500,000 lives over the last 20 years and ensnared some of the largest firms in the world of American medicine New York, United States: A group of pharmaceutical companies and distributors agreed to pay $590 million to settle lawsuits connected to opioid addiction among Native American tribe members, according to a US …

Native American tribes reach $590 million opioid settlement
2 years, 10 months ago

Native American tribes reach $590 million opioid settlement

Associated Press  

Native American tribes have reached settlements over the toll of opioids totaling $590 million with drugmaker Johnson & Johnson and the country’s three largest drug distribution companies, according to a court filing made public Tuesday. W. Ron Allen, chairman of the Jamestown S’Klallam Tribe in Washington state, called it a big deal for tribes to reach their own settlement, in …

US opioid crisis: Native American tribes reach $590m settlement
2 years, 10 months ago

US opioid crisis: Native American tribes reach $590m settlement

Al Jazeera  

Three US drug distributors and drugmaker Johnson & Johnson agree to deal resolving tribal claims over opioid epidemic. The three largest United States drug distributors and drugmaker Johnson & Johnson have agreed to pay $590m to resolve claims by Native American tribes that the companies fuelled an opioid epidemic in their communities, according to court filings. The tribal settlements are …

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