Drug distributors to pay up to $1.1 bln to settle New York opioid case


Reuters | Updated: 20-07-2021 18:38 IST | Created: 20-07-2021 18:38 IST
Drug distributors to pay up to $1.1 bln to settle New York opioid case

The three largest U.S. drug distributors agreed mid-trial to pay up to $1.1 billion to settle claims by New York state and two of its biggest counties over their role in the nationwide opioid epidemic, the state's attorney general said on Tuesday.

McKesson Corp, Cardinal Health Inc and AmerisourceBergen Corp settled as state attorneys general prepare to announce as soon as this week a landmark $26 billion deal with the distributors and drugmaker Johnson & Johnson resolving cases nationwide.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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