Drugs Makers and Distributors in Talks to Settle Opioid Lawsuits for $50 Billion

Drugs Makers and Distributors in Talks to Settle Opioid Lawsuits for $50 Billion

Three drug distributors and two drug manufacturers are in talks to settle more than 2,000 lawsuits over the companies’ role in the nation’s opioid crisis, Reuters reports.

The suits were brought by cities, counties and Native American tribes.

The proposed settlement would include $22 billion in cash and $29 billion in drugs and services, sources told Reuters. Drug distributors McKesson Corp., Amerisource Bergen Corp. and Cardinal Health have offered to pay $18 billion in cash over 18 years. Drug manufacturer Johnson & Johnson would pay $4 billion in cash.

Full story at Partnership for Drug-Free Kids