Five companies said to be in talks over $22 billion opioid settlement

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Three major drug distributors – McKesson, AmerisourceBergen and Cardinal Health – are in discussions to pay $18 billion, while drugmaker Johnson & Johnson has offered $4 billion.

is in talks to contribute at least $15 billion worth of drugs, with more value coming from some of the five companies in the form of drugs and services, the people said.

"We're open to a reasonable settlement," J&J Chief Financial Officer Joseph Wolk said in an interview Tuesday on CNBC's "," before the reports of its $4 billion offer. "Our drugs were less than 1% of the market share of all outstanding opioids, so we want to make sure it's in proportion, but where it makes sense for all stakeholders, we'll look to have a settlement.

 

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Whilst the Sackers 🇮🇱 roam free!

Literal slap on the wrist. Despicable.

They could do better. 1.) Accept pills in lieu of payment. 2.) Turn around and sell them to Canada at a markup. 3.) Profit 4.) Bro Down

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