J&J reaches $5 billion opioid settlement in US - Breaking The News
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J&J reaches $5 billion opioid settlement in US

EPA-EFE/JUSTIN LANE

A group of companies dealing in making and distributing drugs in the United States reached on Wednesday a $26 billion settlement resolving claims of fueling a countrywide opioid epidemic.

According to state attorneys who announced the deal, drug distributors McKesson, AmerisourceBergen and Cardinal Health agreed to pay in total $21 billion, with Johnson & Johnson providing $5 billion more.

While the four companies denied accusations, the distributors were willing to pay out the amount over the next 18 years and Johnson & Johnson within the next nine years.

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