drug company opioid settlements News

Ohio AG: Opioid Settlement Should Be Spent Locally

Any money Ohio might receive from a settlement with OxyContin maker Purdue Pharma and other drugmakers should be spent at the local level, the state’s top lawyer said. Republican Attorney General Dave Yost told reporters that so many of the …

Facing Thousands of Opioid Lawsuits, Purdue Pharma Files for Bankruptcy Protection

OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. Purdue’s board met Sunday evening to approve the long-expected bankruptcy filing, …

Drug Maker Endo Skirts Trial, Settles Its Opioid Claims for $11 Million

Endo International Plc agreed to an $11 million settlement to avoid going to trial in the first federal court cases targeting opioid makers and distributors over the public-health crisis caused by the painkillers. Endo said Tuesday it will pay $10 …

State, Local Governments Debate How to Best Allocate Any Opioid Settlement Funds

The roughly 2,000 state and local governments suing the drug industry over the deadly opioid crisis have yet to see any verdicts or reach any big national settlements but are already tussling with each other over how to divide any …

How Insys Bankruptcy Case Could Alter Fate of Thousands of Opioid Lawsuits

The fate of thousands of lawsuits seeking to hold drugmakers responsible for fueling the U.S. opioid epidemic hinges in part on a thorny legal question: Can a company can use a bankruptcy to stop lawsuits from cities and states? U.S. …

Judge Open to ‘Novel’ Idea of Local Government Class for Opioid Settlement Talks

A judge backed a push by U.S. cities and counties suing opioid makers such as Purdue Pharma LP and Johnson & Johnson to negotiate a settlement as a group but put off until August a final decision on the request. …

Opioid Lawsuits Unlikely to Top Tobacco Settlements

An Oklahoma case, the first of more than 1,600 lawsuits filed by U.S. state and local governments against opioid makers to go to trial, could serve as a key benchmark for governments hoping to recoup costs associated with the public …

Purdue to Settle Oklahoma’s Opioids Lawsuit Weeks Before Trial to Open

Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the OxyContin painkiller maker of helping fuel an opioid abuse epidemic, a person familiar with the matter said. It is the first settlement to result …

Drugmakers Balk at Funding Opioid Epidemic Fix; Counting on Court Wins

Drug companies are in no rush to finance a solution to the opioid epidemic. Companies including Johnson & Johnson and McKesson Corp. are preparing to take their chances in court rather than pay billions of dollars to settle lawsuits blaming …

U.S. AG Sessions Seeks Role in Talks to Settle State, Local Opioid Lawsuits

The U.S. Justice Department on Monday sought court permission to participate in settlement negotiations aimed at resolving lawsuits by state and local governments against opioid manufacturers and distributors. The Justice Department said in a brief it wanted to participate in …