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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

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

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

S.....»»

Category: topSource: marketwatchFeb 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

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

Drug firms offer to settle U.S. opioid suits with $50 billion package: sources

Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging the industry fueled the U.S. opioid crisis, two sources familiar with the matter said on Wednesday......»»

Category: topSource: reutersOct 17th, 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

Inside the opioid epidemic: Does your drug-free workplace policy comply with anti-discrimination laws?

Opioid misuse and overdose is a growing epidemic affecting workers in every industry throughout the United States. Increased prescription of opioid medications led to widespread misuse of both prescription and non-prescription opioids before it becam.....»»

Category: topSource: bizjournalsOct 8th, 2018

Drug distributors sweeten opioid settlement proposal, 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: theflyonthewallFeb 20th, 2020

Inside the opioid industry"s marketing machine

Unsealed documents and unearthed videos reveal the tactics used by drug companies to market opioids, even as the addiction crisis was deepening......»»

Category: personnelSource: nytDec 6th, 2019

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

Drug firms avert landmark opioid trial as talks on $48-billion settlement set to resume

Four large drug co.....»»

Category: topSource: reutersOct 21st, 2019

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

Teva Pharmaceutical Indust.....»»

Category: topSource: marketwatchOct 21st, 2019

Drug companies’ settlement avoids first federal opioid trial

Four large drug companies reached a last-minute, $260 million legal settlement over their role in the U.S. opioid addiction epidemic, averting the first federal trial that was scheduled to start Monday morning in Cleveland. Jillian Kitchener has more......»»

Category: videoSource: reutersOct 21st, 2019

Drug companies reach $260 million opioid settlement with Ohio counties, averting landmark trial

Four large drug companies reached a last-minute $260 million legal settlement over their role in the U.S. opioid addiction epidemic, striking a deal with two Ohio counties to avert the first federal trial over the crisis......»»

Category: topSource: reutersOct 21st, 2019

Drug firms, Ohio counties reach $260M opioid settlement, Washington Post 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: theflyonthewallOct 21st, 2019

4 drug companies reach settlement in opioid litigation

AmerisourceBergen, Cardinal Health, McKesson and Teva have reached a settlement to avoid a trial seeking to blame them for fueling the opioid crisis, according to people familiar with the matter......»»

Category: topSource: moneycentralOct 21st, 2019

4 drug companies reach settlement in opioid litigation

AmerisourceBergen, Cardinal Health, McKesson and Teva have reached a settlement to avoid a trial seeking to blame them for fueling the opioid crisis, according to people familiar with the matter......»»

Category: topSource: moneycentralOct 21st, 2019

Teva, three U.S. drug distributors reach opioid settlement - source

Drug maker Teva Pharmaceutical Industries Inc and the three biggest U.S. drug distributors reached a settlement on Monday to avoid a trial over their role in the opioid addiction crisis, a source said on Monday......»»

Category: topSource: reutersOct 21st, 2019

Drug companies reach $260 million settlement, averting first federal opioid trial

Four large drug companies reached a last-minute $260 million legal settlement over their role in the U.S. opioid addiction epidemic, averting the first federal trial that was scheduled to start Monday morning in Cleveland......»»

Category: topSource: reutersOct 21st, 2019

Four Drug Companies Reach 11th Hour Settlement In Opioid Litigation

Four Drug Companies Reach 11th Hour Settlement In Opioid Litigation Four large drug companies have reached a last-minute settlement with two Ohio counties to avoi.....»»

Category: blogSource: zerohedgeOct 21st, 2019