J&J, drug dis­trib­u­tors sign off on a mam­moth $26B opi­oid set­tle­ment with 46 states

Three ma­jor drug dis­trib­u­tors and John­son & John­son have the num­bers they need to move for­ward with a mam­moth set­tle­ment that will lay to rest a ma­jor­i­ty of the state and lo­cal opi­oid law­suits filed against them.

Of 49 el­i­gi­ble states, 46 — plus DC — have agreed to join the set­tle­ment, Amerisource­Ber­gen, Car­di­nal Health and McKesson an­nounced on Fri­day. More than 90% of el­i­gi­ble po­lit­i­cal sub­di­vi­sions agreed to par­tic­i­pate or had their claims ad­dressed by state leg­is­la­tion.

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