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…

https://www.wsj.com/articles/four-drug-companies-reach-last-minute-settlement-in-opioid-litigation-11571658212?mod=pls_whats_news_us_business_f

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