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OPIOIDS CRISIS
US sanctions Indian nationals and online pharmacy for supplying 'counterfeit fentanyl-laden pills'The U.S. Treasury’s OFAC sanctioned Indian nationals Sadiq Abbas Habib Sayyed and Khizar Mohammad Iqbal Shaikh, along with an India-based o...24 Sep, 2025, 10.23 PM IST- After cyberattacks, is China flooding America with drugs? US Treasury sanctions Guangzhou Tengyue and executives for Synthetic Opioid shipmentsUS authorities have sanctioned Guangzhou Tengyue Chemical Co. and its executives for allegedly supplying synthetic opioids to the United St...04 Sep, 2025, 09.07 AM IST
- Supreme Court weighs landmark Purdue Pharma settlement impacting opioid crisisThe Supreme Court weighs a pivotal Purdue Pharma settlement shielding the Sackler family from opioid crisis lawsuits. The $6 billion agreem...04 Dec, 2023, 06.10 PM IST
- Wallmart Q3 Results: Company posts $1.8 billion loss after settlement resolving allegations on opioid casesBut its numbers were bogged down by a settlement set to provide $3.1 billion to communities nationwide and "require significant improvement...15 Nov, 2022, 08.17 PM IST
- US retailer Walmart to pay $3.1 billion in opioid settlementThe funds will go to communities nationwide, and the settlement "will require significant improvements in how Walmart's pharmacies handle o...15 Nov, 2022, 06.19 PM IST
- US pharmacy chains to pay $10 bn to settle opioid casesUS pharmacy chains CVS Health and Walgreens said Wednesday they had reached preliminary agreements to together pay more than $10 billion to...02 Nov, 2022, 08.55 PM IST
- Biden administration ramps up battle against Opioids crisis. Here's howIt is a priority of the government to handle the opioid crisis, says President Joe Biden. He has requested $42.5 billion for National Drug ...24 Sep, 2022, 12.23 AM IST
- Michael Keaton claims first-ever Emmy for 'Dopesick', called out his 'Doubters'Dopesick is a drama series based on Beth Macy’s non-fiction book of the same name. Michael Keaton plays the lead role of Dr. Samuel Finnix ...13 Sep, 2022, 05.06 PM IST
- Walmart, CVS, Walgreens ordered to pay $650 million over opioid salesA Cleveland judge on Wednesday ruled that the companies must pay the "abatement" fees over 15 years to help two Ohio counties deal with the...19 Aug, 2022, 12.30 AM IST
- What's next for Purdue Pharma after $6 billion opioid settlement?The deal replaces a previous $4.3 billion agreement, which was upended on appeal after nine attorneys general argued that the Sacklers shou...08 Mar, 2022, 04.36 PM IST
- US pharma groups advance $25 billion opioid settlementThe three distributors, McKessen, AmerisourceBergen and Cardinal Health, each "independently determined" that enough states and litigating ...25 Feb, 2022, 08.52 PM IST
- $26 billion opioid settlement ready for next step: US drug firmsThe opioid crisis -- exacerbated by the coronavirus pandemic -- has killed more than half a million people in the United States.05 Sep, 2021, 03.40 PM IST
- J&J CEO pay irks investors upset with opioid lawsuits falloutJ&J has always excluded certain one-time costs such as litigation expenses from its calculation of stock payouts to executives, an approach...29 Mar, 2021, 03.56 PM IST
- America's Justice Department sues Walmart, alleges its pharmacies helped fuel opioid crisisWalmart's actions helped "fuel a national crisis," said Jeffrey Bossert Clark, the acting head of the Justice Department's civil division, ...23 Dec, 2020, 09.52 AM IST
- J&J ordered to pay USD 572 million for opioid addiction crisisJ&J's shares rose about two percent to USD 130 in after-market trade following the decision.27 Aug, 2019, 11.01 AM IST
- US opioid crisis hits Indian pharma companiesThe total market size of opioid-based painkillers is estimated at $24 billion, with Fentanyl and Oxycontin being some of the commonly presc...18 May, 2018, 10.36 AM IST
- Why opioid must worry India as much as USThese drugs work on the brain’s reward system, which gives the user “positive sensation” and euphoria.28 Oct, 2017, 11.50 AM IST
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