JnJ to pay $20.4 million to settle opioid lawsuits with two Ohio counties
Johnson & Johnson said on Tuesday it will pay $20.4 million to settle claims by two Ohio counties in a lawsuit that accused the drugmaker of contributing to an U.S. opioid addiction epidemic.
The company said in a statement that the settlement removes it from a federal trial against multiple manufacturers and distributors scheduled to begin on Oct. 21..
Also read:- J&J passes asbestos test, allowed to make baby powder in India
J&J will pay $10 million to Cuyahoga and Summit counties, reimburse $5 million of their legal and other expenses and provide $5.4 million to non-profit organizations that run opioid-related programs in the counties.
On Monday, Mallinckrodt Plc finalized a $24 million settlement agreement with the same two counties.
Endo International Plc and Allergan Plc also settled with the two counties in August to avoid going to trial.
Remaining defendants in the Oct. 21 trial include McKesson Corp, AmerisourceBergen, Cardinal Health , Teva Pharmaceutical Industries Ltd , Walgreens Boots Alliance Inc and Henry Schein Inc.
Also read:- Purdue Pharma expected to file for bankruptcy post opioid talks fail
Earlier in the year, an Oklahoma judge ordered Johnson & Johnson to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers.
The company said in a statement that the settlement removes it from a federal trial against multiple manufacturers and distributors scheduled to begin on Oct. 21..
Also read:- J&J passes asbestos test, allowed to make baby powder in India
J&J will pay $10 million to Cuyahoga and Summit counties, reimburse $5 million of their legal and other expenses and provide $5.4 million to non-profit organizations that run opioid-related programs in the counties.
On Monday, Mallinckrodt Plc finalized a $24 million settlement agreement with the same two counties.
Endo International Plc and Allergan Plc also settled with the two counties in August to avoid going to trial.
Remaining defendants in the Oct. 21 trial include McKesson Corp, AmerisourceBergen, Cardinal Health , Teva Pharmaceutical Industries Ltd , Walgreens Boots Alliance Inc and Henry Schein Inc.
Also read:- Purdue Pharma expected to file for bankruptcy post opioid talks fail
Earlier in the year, an Oklahoma judge ordered Johnson & Johnson to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers.
Allergan PlcAmerisourceBergenCardinal healthCuyahogadrugmakerEndo International PlcHenry Schein IncJohnsonJohnson & JohnsonMallinckrodt PlcMcKesson CorpOhio countiesopioid lawsuitsSummit countiesTeva Pharmaceutical Industries LtdWalgreens Boots Alliance Inc
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