Pharmaceutical Companies

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July 26, 2022

Teva Reaches Proposed $4.35 Billion Settlement of U.S. Opioid Lawsuits

(Reuters) - Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement that could resolve thousands of lawsuits over the drugmaker's alleged role in the U.S. opioid epidemic.
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July 4, 2022

A federal judge sides with 3 major drug distributors in a landmark opioid lawsuit

CHARLESTON, W.Va. — A federal judge on Monday ruled in favor of three major U.S. drug distributors in a landmark lawsuit that accused them of causing a health crisis by distributing 81 million pills over eight years in one West Virginia county ravaged by opioid addiction.
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April 6, 2022

McKesson loses bid to make insurers cover opioid defense

Judge finds lawsuits allege deliberate, not accidental, conduct. McKesson says it has spent more than $270 million on opioid legal defense
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February 25, 2022

J&J, distributors finalize $26B landmark opioid settlement

Drugmaker Johnson & Johnson and three major distributors have finalized a nationwide settlement over their role in the opioid addiction crisis
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March 30, 2022

Cardinal Health keeps opioid coverage fight in state court

6th Circuit cites risk of state, federal court friction. Ohio state courts are considering other opioid coverage disputes
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February 25, 2022

Cardinal Health to payout billions in massive opioid lawsuit

Johnson & Johnson and its three largest drug distributors will pay a combined $26 billion to communities affected by the opioid crisis.
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February 23, 2022

Corporate opioid payouts now being finalized would top $32 billion

Over the next two weeks, some of the biggest U.S. corporations accused of "turbocharging" the opioid epidemic could finalize payouts to victims and governments worth roughly $32 billion.
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February 1, 2022

Native American tribes reach $590 million opioid settlement

Native American tribes have reached opioid settlements worth over a half-billion dollars with drugmaker Johnson & Johnson and three distributors
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