opioid settlements News

Frustration Grows Over Wait on OxyContin Maker’s Settlement

More than a year after OxyContin maker Purdue Pharma reached a tentative settlement over the toll of opioids that was accepted nearly universally by the groups suing the company – including thousands of people injured by the drug – money …

Walmart Offers to Pay $3.1B to Settle Opioid Lawsuits

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 …

Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement

Teva Pharmaceutical Industries Lts. will pay up to $523 million to New York State as part of a nationwide settlement of lawsuits alleging the company helped fuel the U.S. opioid epidemic. The settlement with New York adds an additional $300 …

CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources

CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government lawsuits accusing the chains of mishandling opioid painkillers, according to two people familiar …

Vermont Creates Panel to Oversee Opioid Settlement Spending

Vermont Gov. Phil Scott has signed legislation into law that creates an advisory committee to make recommendations on how to spend the state’s share of settlement money with drug manufacturers and distribution companies over the toll of prescription opioids. The …

Several Indiana Cities Opting Back in to Opioid Settlement

Indianapolis and several other Indiana cities are joining an estimated $507 million statewide opioid settlement after previously opting out of the state’s lawsuits against opioid manufacturers and distributors. The state’s capital city, the suburbs of Noblesville and Fishers and other …

Ruling on Purdue Pharma Bankruptcy and Opioid Settlement Delayed Until Next Week

A U.S. judge said on Thursday he now anticipates a ruling on OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan on Wednesday of next week instead of this week because he needs more oral argument on certain issues. U.S. Bankruptcy …

Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims

The billionaire owners of OxyContin maker Purdue Pharma LP and lumber giant Georgia-Pacific are in high-stakes legal battles to shed billions of dollars of liabilities in bankruptcy — the first over their company’s alleged role in America’s opioid crisis and …

What Drug Companies Have Paid to Settle Claims Over U.S. Opioid Crisis

State attorneys general on Wednesday unveiled a $26 billion settlement with the three largest U.S. drug distributors and Johnson & Johnson to resolve thousands of lawsuits by states and local governments over the companies’ role in the country’s opioid painkiller …

States’ Next Targets for Opioid Settlements Include Pharmacies and Drugmakers

With a $26 billion nationwide settlement in sight over claims that the three largest U.S. drug distributors and Johnson & Johnson helped fuel a nationwide opioid epidemic, state and local governments will soon turn their attention to pharmacies and a …