The chief executives of the three largest U.S. drug distributors and a drugmaker...
- 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 familiar with the matter said on Thursday.
Those companies, along with Johnson & Johnson, have been negotiating a settlement they value at roughly $50 billion that would allow them to resolve 2,600 lawsuits brought nationwide, mostly by states and localities, people familiar with the matter said. Late Thursday, Ohio Attorney General Dave Yost raised concerns about the proposed deal with his counterparts in North Carolina, Pennsylvania, Tennessee and Texas, who are leading negotiations.
Yost also said only a few states filed claims against the drug distributors and it would be unfair to treat all states the same in a settlement.Under the proposal, McKesson, AmerisourceBergen and Cardinal Health would pay $18 billion over 18 years and J&J would pay $4 billion, according to two people familiar with the matter.
Opioids were responsible for roughly 400,000 overdose deaths in the United States from 1999 to 2017, according to the U.S. Centers for Disease Control and Prevention.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Judge summons drug company CEOs to court to discuss opioid settlement: sourceThe chief executives of the three largest U.S. drug distributors and a drugmaker...
Lire la suite »
Law Firm Asks Judge to Stop Netflix's Imminent Release of 'The Laundromat'Jürgen Mossack and Ramón Fonseca, embroiled in the 'Panama Papers' scandal, say the Steven Soderbergh film is defamatory and its Friday release would interfere with a criminal trial should federal prosecutors charge them with money laundering.
Lire la suite »
Dianne Buswell defends Shirley Ballas after Strictly judge receives death threats for controversial eliminationDianne Buswell has spoken out in defence of head Strictly judge Shirley Ballas, after the latter received death threats following her decision to boot Dianne off the show
Lire la suite »
Mike 'The Situation' Sorrentino Makes Chippendales Debut, As a JudgeMike 'The Situation' Sorrentino hopped on stage at a Chippendales show, but not for the reason you think ...
Lire la suite »
Oklahoma judge miscalculated how much Johnson & Johnson would pay for the state's opioid crisisThe judge who recently ordered pharmaceutical giant Johnson & Johnson to pay $572 million for its role in the state's opioid crisis says he made a mathematical error when calculating the judgment -- by adding too many zeroes
Lire la suite »
Judge blocks Michigan's ban on flavored e-cigarettesA Michigan judge temporarily blocked the state's weeks-old ban on flavored e-cigarettes Tuesday, saying it may force adults to return to smoking more harmful tobacco products and has irreparably hurt vaping businesses. Court of Claims Judge Cynthia Stephens put the prohibition on hold until '
Lire la suite »