Posted on 10/01/2019 9:05:54 PM PDT by ransomnote
Johnson & Johnson reaches tentative $20.4 million settlement in massive opioid case
Health-care giant Johnson & Johnson announced Tuesday that it has reached a $20.4 settlement in principle with two Ohio counties on the eve of a massive federal trial to determine who is responsible for the nation’s opioid epidemic.
Under the proposed settlement, Johnson & Johnson would pay Cuyahoga and Summit counties $10 million in cash, reimburse $5 million in legal fees and direct $5.4 million to nonprofits for opioid-related programs in those communities.
“The settlement allows the company to avoid the resource demands and uncertainty of a trial as it continues to seek meaningful progress in addressing the nations’ opioid crisis,” Johnson & Johnson and its subsidiary Janssen Pharmaceuticals said in a statement Tuesday night. “The company recognizes the opioid crisis is a complex public health challenge and is working collaboratively to help communities and people in need.”
Under the tentative terms, the company resolves all claims by the counties with no admission of liability. Attorneys for the plaintiffs could not immediately be reached for comment.
(Excerpt) Read more at washingtonpost.com ...
The companies involved in these things lied about how addictive the extended release was.
That’s been proven.
One company has paid out billions already.
I’m ALL FOR personal responsibility.
I’m not for bribing whomever to get your product on the market and cover up potential devastating effects
Oh, well, that’s good to know, addicts aren’t responsible for their addiction
Can they get out of jail for crimes they committed while inder the influence?
Johnson & Johnson make the pills.
They don’t prescribe them. They don’t take them.
They just have the deepest pockets.
“Under the proposed settlement, Johnson & Johnson would pay Cuyahoga and Summit counties $10 million in cash, reimburse $5 million in legal fees and direct $5.4 million to nonprofits for opioid-related programs in those communities.”
Ka-shing!
Government and ambulance chasers cash in on nuisance suit.
Slippery slope. Today it is 2 counties but there are something like 3200 total in the nation plus each state will try to get in on the action.
Peanuts
Not go after the Democrat run McKinsey & Company who was advising several drug manufacturers on how to increase opioid sales.
McKinsey Advised Johnson & Johnson on Increasing Opioid Sales
https://www.nytimes.com/2019/07/25/business/mckinsey-johnson-and-johnson-opioids.html
McKinsey Advised Purdue Pharma How to ‘Turbocharge’ Opioid Sales, Lawsuit Says
https://www.nytimes.com/2019/02/01/business/purdue-pharma-mckinsey-oxycontin-opiods.html
Prestigious Consulting Firm McKinsey Thrust Into Spotlight Over Advice It Gave To Drugmakers At Height Of Opioid Crisis
Court cases over the opioid epidemic are putting an embarrassing spotlight on McKinsey’s strategic advice that’s usually kept strictly behind a curtain. One lawsuit stated that McKinsey advised a pharmaceutical company to “get more patients on higher doses of opioids” and study techniques “for keeping patients on opioids longer.” In other news on the epidemic: Sen. Rob Portman (R-Ohio) rails against companies that he says have hurt Americans through the crisis, the Massachusetts attorney general is investigating a pharmacy over improper prescriptions for opioids, and more.
Opioids are addictive?!? Who knew! /s Drug prices on the way up again.
Well, I guess FR’s own libertardian’s objective of vending machine narcotics isn’t going to work?
Now they need to STOP Selling Any and All opiod Products to these counties, let them all Suffer in their pain.
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