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Opiates: 4 pharmaceutical companies ready to pay $ 26 billion to settle disputes

2021-07-21T18:50:44.749Z

This agreement aims to end nearly 4,000 lawsuits brought by dozens of US states and local communities.



Accused of fueling the opioid crisis ravaging the United States, the Johnson & Johnson laboratory and three large American drug distributors have agreed to pay $ 26 billion to settle thousands of disputes, the prosecutor of the United States announced on Wednesday. New York State.

To read also: Opiates: the French biotech Medincell wants to contribute to the resolution of the crisis

Johnson & Johnson lab agreed to pay $ 5 billion over nine years, and distributors McKesson, Cardinal Health and AmerisourceBergen, $ 21 billion over 18 years, to end nearly 4,000 lawsuits brought by dozens of US states and local communities, as part of a

“historic”

amicable agreement

, said the prosecutor in a press release.

The opioid crisis, sparked by the aggressive promotion of pain-relieving drugs such as oxycodone in the 1990s, has claimed more than 500,000 overdose deaths in the United States over the past 20 years.

Source: lefigaro

All business articles on 2021-07-21

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