Terms of mega opioid settlement set to be disclosed this week — report
Years after talks between drugmakers, distributors and five US states began surrounding the opioid crisis, the final terms of a $26 billion settlement holding the companies responsible for fueling the epidemic is expected to be announced this week, Bloomberg reports.
J&J, McKesson Corp., Cardinal Health and AmerisourceBergen are expected to disclose the final terms of a multibillion dollar settlement for thousands of lawsuits surrounding the companies’ role in the opioid crisis. Each state has the option to accept just J&J’s offer, or the combined distributors’ proposal, and the companies will pay bonuses for each local government that signs up, according to Bloomberg.
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