opioid settlements News

After Avoiding Ohio Trial, Drug Firms Turn to Local Government Opioid Lawsuits

Four large drug companies could resume talks on Tuesday to try to reach a $48 billion settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial …

Settling Opioid Suits Probably Won’t End the Crisis: Viewpoint

Imagine you’re the chief executive officer of a large pharmaceutical corporation with an important drug that’s under attack. More than 2,500 lawsuits have been filed against your company. The plaintiffs aren’t individuals, though, they’re governments — counties, cities and states. …

Judge Calls on Big 3 Drug CEOs to Discuss Opioid Settlement

The chief executives of the three largest U.S. drug distributors and a drugmaker have been summoned to appear before a federal judge to discuss a proposal to resolve thousands of lawsuits alleging they fueled the U.S. opioid crisis, a person …

Three Major Drug Distributors Negotiating to Settle Bellwether Opioid Case: WSJ

Three drug distributors are in talks with state and local governments to settle thousands of opioid lawsuits for $18 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the discussions. McKesson Corp., AmerisourceBergen Corp. and Cardinal Health …

City of Vancouver Files Lawsuit Against Major Opioid Producers, Suppliers

The city of Vancouver has filed a lawsuit against major opioid producers and suppliers, joining a long list of cities seeking restitution for the drug’s impact on their communities. The Columbian reports the lawsuit filed this week in U.S. District …