Companies, Ohio counties reach $260 million settlement over opioid crisis

See the full CNN story here.

See the full CNN story here.

Four pharmaceutical companies have reached a $260 million settlement in response to the national opioid epidemic.

The settlement, announced on Oct. 21, was reached on the eve of a first-of-its-kind federal trial, CNN reports.

The settlement totaling $260 million was reached between four companies — McKesson Corp., Cardinal Health Inc., AmerisourceBergen Corp., and Teva Pharmaceutical Industries Ltd. — and plaintiffs, Summit and Cuyahoga counties in Ohio, the news site reports.

The case was dismissed with prejudice, according to U.S. District Court Judge Dan Polster. 

Earlier this year, Johnson & Johnson reached a tentative settlement in Ohio in response to a federal lawsuit over the nation’s opioid epidemic, agreeing to pay $10 million to Cuyahoga and Summit counties, Ohio, as well as reimburse $5 million in legal fees and donate $5.4 million for opioid-related programs.

Johnson & Johnson ordered to pay $10 million to two Ohio counties

Johnson & Johnson subsidiary Janssen Pharmaceuticals manufactured opioids and Johnson & Johnson also owned two companies that processed and imported the raw material used to manufacture oxycodone, a highly addictive opioid, shown above. Photo credit: www.drugs.com.

Johnson & Johnson subsidiary Janssen Pharmaceuticals manufactured opioids and Johnson & Johnson also owned two companies that processed and imported the raw material used to manufacture oxycodone, a highly addictive opioid, shown above. Photo credit: www.drugs.com.

Johnson & Johnson has reached a tentative settlement in Ohio in response to a federal lawsuit over the nation’s opioid epidemic, The Washington Post reports.

The health-care giant will pay $10 million to Cuyahoga and Summit counties, Ohio, as well as reimburse $5 million in legal fees and donate $5.4 million for opioid-related programs in the communities, The Post reports.

The case was brought by more than 2,500 counties, cities, and Native American tribes. 

In August, Johnson & Johnson was ordered to pay the state of Oklahoma $572 million in the first opioid-related state case to go to trial.

Cleveland County (Okla.) District Judge Thad Balkman found the pharmaceutical company responsible for the opioid crisis in Oklahoma, one of more than 40 states waging lawsuits, The Washington Post reports.

An estimated 400,000 people have died of overdoses from painkillers, heroin and illegal fentanyl since 1999.

Okla. judge orders Johnson & Johnson to pay $572 million for opioid crisis

Cleveland County District Judge Thad Balkman made a landmark ruling, which found Johnson & Johnson liable for fueling an opioid epidemic in Oklahoma. (Photo credit: Reuters as reported by The Washington Post on 8/26/19.)

Cleveland County District Judge Thad Balkman made a landmark ruling, which found Johnson & Johnson liable for fueling an opioid epidemic in Oklahoma. (Photo credit: Reuters as reported by The Washington Post on 8/26/19.)

Johnson & Johnson must pay the state of Oklahoma $572 million in the first opioid-related state case to go to trial.

Cleveland County (Okla.) District Judge Thad Balkman found the pharmaceutical company responsible for the opioid crisis in Oklahoma, one of more than 40 states waging lawsuits, The Washington Post reports.

Judge Balkman issued his ruling Monday, Aug. 26, which The Post dubbed a “landmark decision” and “the first to hold a drugmaker culpable for the fallout of years of liberal opioid dispensing that began in the late 199os.”

An estimated 400,000 people have died of overdoses from painkillers, heroin and illegal fentanyl since 1999. according to the report.

Oklahoma attorneys sought $17.5 billion over 30 years for treatment, emergency care, law enforcement, social services, and other addiction-related needs, but Judge Balkman ordered Johnson & Johnson to pay $572 million “to remedy the drug crisis in the first year, based on the state’s plan,” The Post reports. The company has vowed to appeal.