4 U.S. companies will pay $26 billion to settle claims they fueled the opioid crisis
The companies, including Johnson & Johnson and McKesson, will admit no wrongdoing. Billions of dollars in payouts will fund drug treatment and harm reduction programs.
by Brian Mann
Feb 25, 2022
3 minutes
Four of the largest U.S. corporations have agreed to pay roughly $26 billion to settle a tsunami of lawsuits linked to claims their business practices helped fuel the deadly opioid crisis.
Johnson & Johnson, the consumer products and health giant which manufactured generic opioid medications, will contribute $5 billion to the settlement.
The company announced in 2020 it would get out of the prescription opioid business in the U.S. altogether.
Three massive drug wholesalers — AmerisourceBergen, Cardinal Health and
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