US states seek US$26.4 billion from drug firms in opioid litigation: Report

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

U.S. states are seeking a combined US$26.4 billion from three major drug distributors and Johnson & Johnson to settle opioid litigation against ...

REUTERS: US states are seeking a combined US$26.4 billion from three major drug distributors and Johnson & Johnson to settle opioid litigation against the companies, the Wall Street Journal reported on Tuesday , citing people familiar with the matter.

About a dozen attorneys general are seeking a collective US$21.14 billion from the distributors, which include McKesson, Amerisourcebergen and Cardinal Health, and US$5.28 billion from J&J, the WSJ reported.The companies did not immediately respond to Reuters' requests for comment. The lawsuits accuse drugmakers of overstating the benefits of opioids while downplaying the risks and allege distributors failed to flag and halt a rising tide of suspicious orders.

A closely watched opioid trial pitting New York state against McKesson, Johnson & Johnson and others was postponed in March due to the coronavirus outbreak.

 

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

 /  🏆 6. in LAW

Law Law Latest News, Law Law Headlines