opioid News

Nevada Secures $285M Opioid Settlement with Walgreens

The state of Nevada has reached a $285 million settlement with Walgreens regarding the pharmacy chain`s role in the opioid epidemic, the state`s top lawyer announced. The last in a series of multiyear settlements with pharmaceutical companies, retailers and others, …

Nevada Secures $152M Opioid Settlement With Pharmacy Chain CVS

Nevada and pharmacy chain CVS have reached a nearly $152 million settlement to be paid over the next decade to end a lawsuit over opioid claims, state Attorney General Aaron Ford announced. “CVS negotiated in good faith,” Ford said at …

Teva Pharm Expects to Start Paying U.S. Opioid Settlement in 2023: CEO

Teva Pharmaceutical Industries expects to finalize an opioid settlement in the United States by year-end and start paying in 2023, its chief executive said on Sunday, while confirming he was unlikely to renew his contract next year. After years of …

Teva, Allergan Reach $161.5 M Opioid Settlement with West Virginia

Teva Pharmaceutical Industries TEVA and AbbVie’s Allergan unit reached a settlement worth $161.5 million to resolve claims the companies fueled an opioid epidemic in West Virginia, state attorney general Patrick Morrisey said on Wednesday. The agreement is the largest state-negotiated …

West Virginia Starts Day in Court Versus Drug Opioid Drugmakers

West Virginia is set to go to trial this week against Johnson & Johnson JNJ.N, Teva Pharmaceuticals Industries and AbbVie Inc. over claims that the companies fueled an opioid epidemic in the state. West Virginia accused the drug manufacturers of …

Florida Reaches $878M Opioid Settlements With CVS, Teva, Others

Florida has reached more than $878 million in settlements with CVS Health Corp and three drug companies to resolve claims and avert a trial next month over their roles in fueling an opioid epidemic in the third most populous state. …

‘Scum of the Earth’: Drug Victims Face Purdue Pharma Owners

Angry, defiant and sometimes tearful, more than two dozen Americans whose lives were upended by the opioid crisis finally had their long-awaited chance Thursday to confront in court some members of the family they blame for fueling it. They were …

Insurers Refuse to Pick Up Bill for Billions in Opioid Claims

A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it. A Delaware Supreme Court ruling in January has emboldened insurers …

Illinois Expects $760 Million From Opioid Settlement

Illinois is expected to receive $760 million as part of a settlement with pharmaceutical distributors sued for their role in the opioid crisis, the state attorney general announced Feb. 25. Attorney General Kwame Raoul’s office said the state’s share of …

Drug Distributors, J&J Agree to Finalize $26 Billion Opioid Settlement

The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement resolving claims by states and local governments that they helped fuel the U.S. opioid epidemic. Distributors McKesson Corp., AmerisourceBergen Corp., …