Mallinckrodt to settle two opioid suits for $24M

Mallinckrodt PLC is seeking to settle two lawsuits alleging wrongdoing in the opioid crisis for $24 million, the company said Friday.

The settlement is in principle with Cuyahoga and Summit counties in Ohio. Mallinckrodt said it will also donate $6 million in generic products, including addiction treatment products.

Mallinckrodt, a St. Louis drugmaker, faces more than 2,100 lawsuits tied to the opioid crisis. It said the value of the settlement announced Friday "should not be extrapolated to any…

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