Tags: drug | distributors | opioid | litigation

WSJ: Drug Distributors in Talks to Settle Opioid Litigation for $18B

WSJ: Drug Distributors in Talks to Settle Opioid Litigation for $18B
(Steveheap/Dreamstime)

Tuesday, 15 October 2019 05:02 PM EDT

Three drug distributors are in talks with state and local governments to settle opioid litigation for $18 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the discussions.

McKesson Corp., AmerisourceBergen Corp. and Cardinal Health would collectively pay the amount over 18 years under the deal currently on the table, according to the Journal.

Johnson & Johnson is also involved in the discussions to contribute additional money, the WSJ reported.

The industry has been accused in about 2,600 lawsuits, mostly brought by states and local governments, for improper marketing of its opioid products and fueling a nationwide crisis. 

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
Three drug distributors are in talks with state and local governments to settle opioid litigation for $18 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the discussions.
drug, distributors, opioid, litigation
101
2019-02-15
Tuesday, 15 October 2019 05:02 PM
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