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OPIOID SETTLEMENT
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- McKinsey to pay $230 mn in latest US opioid settlementConsulting firm McKinsey & Co has agreed to pay $230 million in its latest settlement to resolve lawsuits alleging it fueled a US opioid ep...27 Sep, 2023, 11.42 AM 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
- CVS, Walmart, Walgreens agree to $13.8-B US opioid settlementCVS said Wednesday it had agreed to pay about $5 billion over 10 years, and Walgreens disclosed in a filing with the US Securities and Exch...03 Nov, 2022, 12.07 AM 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
- Dr Reddy's settles patent litigation with Indivior, Aquestive TherapeuticsThe stipulation of dismissal was filed pursuant to a settlement agreement that the company entered into with Indivior and Aquestive, it add...30 Jun, 2022, 10.38 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
- Author Patrick Radden Keefe's book about billionaire Sackler clan wins $67K UK prize'Empire of Pain' traces the rise of the family's fortunes and its downfall in a web of lawsuits.17 Nov, 2021, 04.07 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
- Johnson & Johnson settles New York opioid suits for $263 million before trialThe settlement resolves complaints brought by New York State Attorney General Letitia James and two Long Island counties that are set to go...27 Jun, 2021, 11.04 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
- McKinsey & Co to pay $550m over role in opioid crisisMcKinsey suggested ways to “turbocharge” sales of Purdue’s OxyContin painkiller at a time when the legal market for the opioid-based medici...05 Feb, 2021, 08.00 AM IST
- Purdue Pharma to plead guilty and pay $8.3 billion over opioidsThe settlement is likely to boost Purdue's effort to move past claims it helped spark a public-health crisis over opioids with its marketin...22 Oct, 2020, 12.22 AM IST
- Cognizant, HCL Tech may feel the pain of US opioid lawsuitsIT services firms face hurdles due to possible client bankruptcies or cut in spending to pay settlements.30 Aug, 2019, 11.22 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
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