An Oklahoma judge who had ordered Johnson & Johnson to pay $572 million for its role in the opioid crisis on Friday reduced the figure to $465 million, after a miscalculation. Judge Thad Balkman in August ordered the pharmaceutical giant to pay Oklahoma $572 billion to finance an “abatement plan” for care for addicts, families […]
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Drug companies near global settlement over opioid crisis
Three leading American drug distributors and an Israeli drugmaker blamed for a deadly US opioid epidemic settled a bellwether civil lawsuit with two Ohio counties Monday, opening the door for a broader national settlement worth billions of dollars. The $260 million deal with Ohio’s Summit and Cuyahoga counties set the basis for a resolution of […]
Some states, towns skeptical over proposed opioid settlement
An offer from OxyContin maker Purdue Pharma and the Sackler family to settle some 2,000 lawsuits over their contribution to the national opioid crisis is receiving growing pushback from state and local officials who say the proposed deal doesn’t include enough money or accountability. Connecticut Attorney General William Tong on Friday called for the company, […]