New York Attorney General Letitia James announced on Thursday that the Sackler family members, who own the OxyContin maker Purdue Pharma, reached a settlement to pay up to $7.4 billion "for their instrumental role in creating the opioid crisis."According to the new settlement, the Purdue...
Washington state Attorney General Bob Ferguson announced on Wednesday that Johnson & Johnson agreed to pay $149.5 million to settle the state's lawsuit, which alleged the company participated in "fueling the opioid epidemic." Under the settlement, $123.3 million of the total sum will be used to...
Emergent BioSolutions Inc.'s shares surged over 16% in extended trading on Wednesday after advisory committees for the United States Food and Drug Administration recommended selling its nasal spray Narcan over the counter.
The spray is a "treatment of known or suspected opioid overdose, as...
New York Attorney General Letitia James (pictured) announced on Tuesday that the state's authorities reached settlements with three drug distributors over their involvement in the opioid overdose crisis.
McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. agreed to pay $1.1 billion...
The Department of Justice filed a lawsuit against retail giant Walmart on Tuesday over its alleged role in fueling the opioid crisis in the United States, the Wall Street Journal reported.
According to the lawsuit, which was expected for months, Walmart's pharmacists are accused of filling opioid...
Walmart filed a lawsuit against United States Attorney General William Barr, the Justice Department (DoJ), the Drug Enforcement Administration (DEA) and the agency's administrator Timothy Shea, saying the government is attempting to blame it for "bad prescriptions" that are being written by...
Attorneys general of 21 American states, along with Puerto Rico and the District of Columbia, dismissed the $18 billion proposal by McKesson Corp., AmerisourceBergen Corp. and Cardinal Health Inc. to settle the legal process over their alleged involvement in the opioid crisis, the Wall Street Journal...
United States and China are cooperating on the issue of North Korea and its nuclear weapons program as well as fentanyl, President Donald Trump said in Washington on Wednesday.
US and North Korea talks were stopped late last year and Pyongyang insisted that it will not agree to further...
Teva Pharmaceutical Industries Ltd. announced on Monday it entered into an agreement for a global settlement framework through which it will attempt to seek resolution of potential and pending opioid claims, confirming earlier rumors.
Under the terms of the agreement, the company...
Four pharmaceutical companies, McKesson Corp., Teva Pharmaceutical Industries Ltd., AmerisourceBergen Corp. and Cardinal Health Inc. reached a settlement on Monday in order to avoid a trial.
According to persons familiar with the situation, the details of the settlement should be released later...
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