McKesson Corp. News

Appeals Court Rules Insurers Not Obligated to Defend Opioid Distributor McKesson

The role drug distributor McKesson Corp. had in the opioid crisis was no accident, meaning the company is not entitled to defense costs related to litigation against it. McKesson Corp. appealed a district court’s ruling that subsidiaries of AIG and …

Nevada to Join $26 Billion Nationwide Opioid Settlement

Nevada has agreed to back a proposed nationwide settlement worth up to $26 billion resolving lawsuits against three large drug distributors and the drugmaker Johnson & Johnson over the deadly U.S. opioid epidemic, the state’s attorney general said on Tuesday. …

Washington State Blames Drug Distributors in $95 Billion Opioid Trial

Washington state’s attorney general on Monday argued in court that three large drug distributors’ excessive shipments of pain pills helped fuel the U.S. opioid epidemic, calling it the “worst man-made public health crisis in history,” as the state sought to …

Judge Questions California Counties’ Opioid Case Against Drugmakers

A California judge on Thursday said several large counties accusing four drugmakers of fueling an opioid epidemic had presented a “dearth of evidence” during a multi-billion dollar trial to support finding the companies’ pain pill marketing caused the health crisis. …

3 Largest Opioid Distributors to Pay Native American Tribe $75M to Settle Claims

The three largest U.S. drug distributors will pay more than $75 million to resolve claims they fueled an opioid epidemic in the Cherokee Nation’s territory in Oklahoma, marking the first settlement with a tribal government in the litigation over the …

At Deadline, 6 States Had Not Joined $26B Opioid Settlements with Distributors, J&J

At least six U.S. states, including Georgia, have decided they will not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson, which have been accused of fueling the nation’s opioid epidemic, according …

States Weighing $26 Billion Opioid Settlement Face Saturday Deadline

U.S. states are racing to meet a deadline to commit to a $26 billion opioid settlement with three drug distributors and the drugmaker Johnson & Johnson, as some grapple with local resistance and concerns the amount isn’t big enough to …

West Virginia Lawsuit Over Opioids Reaches Closing Arguments

Three major U.S. drug distributors should be held responsible for sending a “tsunami” of prescription pain pills that caused a health crisis in one corner of West Virginia, an attorney for local governments said in closing arguments Tuesday in a …

In Opioid Trial Closing, West Virginia Blames Drug Distributors. Distributors Blame Doctors.

CHARLESTON, W.Va. — Lawyers for a West Virginia city and county hard hit by the opioid crisis began wrapping up their case in a $2.5 billion trial on Tuesday arguing major drug distributors flooded the region with the addictive pills, …

States, Municipalities Have 30 Days to Weigh $26B Opioid Deal with Major Drug Firms

A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments. Under the settlement …