U.S. state officers urge assist for landmark $26 billion opioid settlement, Well being Information, ET HealthWorld

U.S. state officials urge support for landmark $26 billion opioid settlementBy Nate Raymond

-A gaggle of state attorneys normal unveiled on Wednesday a landmark $26 billion settlement with giant drug corporations for allegedly fueling the lethal nationwide opioid epidemic, however the deal nonetheless requires assist from 1000’s of native governments.

Beneath the settlement proposal, the three largest U.S. drug distributors — McKesson Corp, Cardinal Well being Inc and AmerisourceBergen Corp — are anticipated to pay a mixed $21 billion, whereas drugmaker Johnson & Johnson would pay $5 billion.

The cash is predicted for use on habit therapy, household assist, training and different social packages.

“There’s not sufficient cash on this planet, frankly, to deal with the ache and struggling,” mentioned Connecticut Lawyer Common William Tong, however added that the cash will “assist the place assist is required.”

The deal represents the second-largest money settlement ever, trailing solely the $246 billion tobacco settlement in 1998. Attorneys normal from 15 states have

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