Four Drug Companies Reach Last-Minute Settlement in Opioid Litigation

CLEVELAND—Four drug companies have reached a $260 million settlement at the last minute to avoid a trial here seeking to blame them for fueling the opioid crisis, attorneys said Monday.

The country’s top drug distributors, McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp., agreed to pay $215 million, attorneys said. Teva Pharmaceutical Industries Ltd., an Israel-based manufacturer of medicine, will pay $20 million in cash over the next two years and donate $25 million in addiction-treatment drugs, attorneys…

Staff Writer
The above article is by a guest contributor, or shared from another news outlet.