Elliott Management has a large position in Cardinal Health Inc. and is seeking more seats on its board, the Wall Street Journal reported Monday, citing people familiar with the matter.
According to the report, Elliott named five directors to the 11-person board about two weeks ago before Cardinal...
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...
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...
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...
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...
The negotiations with drug distributors hit a wall on Friday at the Northern District of Ohio, lawyer Paul Hanly said on behalf of thousands of local authorities in the United States which sued them and pharmaceutical producers for the opioid crisis. US states were apparently more inclined to settle...
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