By Agence France-Presse
Three leading American drug distributors and an Israeli drugmaker blamed for a deadly US opioid epidemic settled a bellwether civil lawsuit with two Ohio counties Monday, opening the door for a broader national settlement worth billions of dollars.
Ilene Shapiro (L), executive director of Summit County, Michael O'Malley (C), the Cuyahoga County prosecutor, and Mark Lanier, a lawyer representing Cuyahoga and Summit counties, brief the press in Cleveland, Ohio (AFP / Megan JELINGER / MANILA BULLETIN)
The $260 million deal with Ohio's Summit and Cuyahoga counties set the basis for a resolution of lawsuits by some 2,700 addiction-ravaged communities nationwide that had joined the Cleveland case, the first in a federal court to address the causes of a crisis that has wrecked the lives of millions.
Late Monday officials from four states driving talks for a global resolution for all those communities announced that they had a tentative deal.
They said that the four companies in the two-county deal, Cardinal Health, McKesson, AmerisourceBergen, and Teva Pharmaceuticals, along with a fifth firm, Johnson & Johnson, had agreed to pay $22 billion in cash over 10 years and $26 billion of addiction treatment drugs like suboxone to resolve the suits.
"The opioid epidemic has ripped through our communities and left a trail of death and destruction in its wake," said North Carolina Attorney General Josh Stein.
"This agreement is an important step in our progress to help restore people’s lives."
Ilene Shapiro (L), executive director of Summit County, Michael O'Malley (C), the Cuyahoga County prosecutor, and Mark Lanier, a lawyer representing Cuyahoga and Summit counties, brief the press in Cleveland, Ohio (AFP / Megan JELINGER / MANILA BULLETIN)
The $260 million deal with Ohio's Summit and Cuyahoga counties set the basis for a resolution of lawsuits by some 2,700 addiction-ravaged communities nationwide that had joined the Cleveland case, the first in a federal court to address the causes of a crisis that has wrecked the lives of millions.
Late Monday officials from four states driving talks for a global resolution for all those communities announced that they had a tentative deal.
They said that the four companies in the two-county deal, Cardinal Health, McKesson, AmerisourceBergen, and Teva Pharmaceuticals, along with a fifth firm, Johnson & Johnson, had agreed to pay $22 billion in cash over 10 years and $26 billion of addiction treatment drugs like suboxone to resolve the suits.
"The opioid epidemic has ripped through our communities and left a trail of death and destruction in its wake," said North Carolina Attorney General Josh Stein.
"This agreement is an important step in our progress to help restore people’s lives."