U.S. Drug distributors propose $10 billion to end state lawsuits over opioids: Bloomberg

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Drug wholesalers AmerisourceBergen Corp , McKesson Corp and Cardinal Health Inc ...

) have proposed a $10 billion settlement for claims that they played a part in the U.S. opioid epidemic, Bloomberg reported on Tuesday, citing people familiar with negotiations.

Hundreds of lawsuits by states and cities have been filed nationally accusing drugmakers of deceptively marketing opioids and distributors such as AmerisourceBergen Corp, Cardinal Health Inc and McKesson Corp of ignoring suspicious orders.The National Association of Attorneys General, negotiating on behalf of more than 35 states, countered with a demand for $45 billion to cover costs, according to the Bloomberg report.

“We regularly engage with the state attorneys general, but the company has made no settlement offers,” McKesson said in a statement.Reporting by Ankur Banerjee in Bengaluru; Editing by Shinjini Ganguli

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Read: Cost of a get-out-of-jail card.

After ruining the lives of many want a cheap way out.

Maybe if all of it goes to the families of those they killed, rather than the US government! 😳🙄

100 billion ,..10 billion is a joke

Fuck no. Not nearly enough.

If they’re willing to settle for $10B, 1. You know they’re guilty 2. They made a shit load more than that in profits

thewebsite085-20

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in HEALTH

Health Health Latest News, Health Health Headlines