Shapiro, state AGs announce tentative $48B national opioid settlement


Four state attorney generals said Monday they have reached what they are calling the framework for a $48 billion agreement with three wholesale pharmaceutical distributors and two pharmaceutical companies to settle litigation tied to the country's opioid abuse epidemic.

The tentative agreement, according to Pennsylvania Attorney General Josh Shapiro, was reached with Cardinal Health, McKesson, AmerisourceBergen, Johnson & Johnson, and Teva Pharmaceuticals Ltd.

AmerisourceBergen (NYSE: ABC) is…

Previous Insurer sues MyPayrollHR and its owner, Michael Mann, over crime insurance policy
Next How this company is disrupting biotech with 30-somethings and industry vets