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States reject $18B opioid settlement offer from wholesalers, WSJ says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 14th, 2020

States spurn drug industry"s opioid-settlement offer

An $18 billion settlement offer from three major drug wholesalers to resolve litigation over the opioid crisis has fallen apart, after more than 20 state attorneys general rejected it in a letter earlier this week......»»

Category: topSource: moneycentralFeb 14th, 2020

The Wall Street Journal: State attorneys general reject $18 billion settlement with opioid wholesalers

An $18 billion offer from three major drug wholesalers aimed at settling litigation over their alleged role in the opioid crisis fell through, after more than 20 state attorneys general rejected it in a letter to the companies’ law firms this week......»»

Category: topSource: marketwatchFeb 14th, 2020

Drug wholesaler stocks falls after WSJ report that states rejected opioid settlement offer

S.....»»

Category: topSource: marketwatchFeb 14th, 2020

Opioid settlement gaining grounds with states, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall18 hr. 38 min. ago

Eight more states back McKesson, J&J $50B opioid settlement, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall22 hr. 8 min. ago

McKesson, J&J gaining ground with states on opioid settlement, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall22 hr. 8 min. ago

21 states rejected an $18 billion offer to settle opioid epidemic lawsuits, arguing it"s not enough

Justin Sullivan/Getty Images More than 20 states have rejected an offer from the pharmaceutical industry that would have paid some $18 billion over the course of 18 years to settle ongoing legislation drug companies' role in the opioi.....»»

Category: topSource: businessinsiderFeb 14th, 2020

OxyContin maker Purdue Pharma to pay states" lawyers, urged to help victims

OxyContin maker Purdue Pharma LP got court approval on Tuesday to reimburse millions of dollars in legal fees for states that back its proposed $10 billion settlement of opioid lawsuits, but with a condition meant to help victims of the addiction crisis......»»

Category: topSource: reutersNov 19th, 2019

Teva shares jump about 10% on news of settlement with four states in opioid litigation

Teva Pharmaceutical Indust.....»»

Category: topSource: marketwatchOct 21st, 2019

OxyContin Producer Purdue Pharma Reaches Tentative Opioid-Crisis Settlement

Sources say that Connecticut-based Purdue will pay up to $12 billion over time (HARTFORD, Conn.) — Nearly half the states and some 2,000 local governments have agreed to a tentative settlement with OxyContin m.....»»

Category: topSource: timeSep 11th, 2019

The Wall Street Journal: Some states unhappy with proposed terms of Purdue Pharma opioid settlement

A proposed deal for Purdue Pha.....»»

Category: topSource: marketwatchAug 29th, 2019

Purdue and Sacklers offer to settle opioid suits for up to $12bn

The states, cities and counties which are pursuing the OxyContin maker because of large bills for cleaning up the opioid crisis are deciding whether to accept the offer by Friday, the people said......»»

Category: topSource: bizjournalsAug 27th, 2019

Distributors said to make $10B opioid settlement bid as states seek $45B

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 6th, 2019

Drug distributors offer states $10B to settle opioid claims, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 6th, 2019

6 More States Just Sued the Oxycontin Maker. How It Could Dramatically Alter the Price of an Opioid Settlement

The decision to sue is se.....»»

Category: europeSource: fortuneMay 16th, 2018

South Carolina: Gobs of jobs, but not enough offer living wage

As in many states, low unemployment rates mask a harsher reality — low-paying fields that can't support a family......»»

Category: topSource: moneycentral12 hr. 23 min. ago

South Carolina: Gobs of jobs, but not enough offer living wage

As in many states, low unemployment rates mask a harsher reality — low-paying fields that can't support a family......»»

Category: topSource: moneycentral12 hr. 23 min. ago

Mallinckrodt agrees to $1.6 billion opioid settlement, unit to seek bankruptcy

Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file for bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic......»»

Category: topSource: reuters14 hr. 23 min. ago

North Carolina AG announces $1.6B opioid settlement with Mallinckrodt

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall18 hr. 38 min. ago

Mallinckrodt agrees to $1.6 bln opioid settlement, unit to seek bankruptcy

Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic......»»

Category: topSource: reuters18 hr. 38 min. ago