April 19, 2024

Four companies reach settlement deal in opioid suit: report | TheHill

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A settlement has been reached with four drug companies facing trial over their role in the opioid crisis, The Wall Street Journal reported Monday. 

Unidentified sources told the newspaper that details of the settlement will be announced Monday morning. 

The deal was reportedly reached between companies McKesson Corp., Cardinal Health Inc., AmerisourceBergen Corp and Teva Pharmaceutical Industries and the two Ohio counties that had been selected to go to trial first among the more than 2,300 opioid lawsuits. 

A fifth company, Walgreens Boots Alliance, had yet to reach a deal Monday morning, according to the Journal. 

Other companies had already reached agreements with Cuyahoga and Summit Counties in recent weeks, the newspaper noted.

Cases across the country allege the industry pushed opioid painkillers for widespread use without adequately warning of the risks of addictions, according to the Journal.

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Rebecca Klar
The Hill

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