Bloomberg Law
July 26, 2021, 9:31 AM

States, Cities Eye $26 Billion Deal: Opioid Litigation Explained

Valerie Bauman
Valerie Bauman
Senior Investigative Reporter

State attorneys general say they have a $26 billion dollar plan to resolve the bulk of the liability for the three biggest drug distributors and one major drugmaker that are entangled in the nationwide opioid litigation.

The opioid crisis killed nearly 841,000 people since 1999, including 69,710 last year alone. Plaintiffs in thousands of suits say drugmakers and distributors produced and promoted strong painkillers for a massive profit, not heeding their addictive qualities.

More than 3,000 lawsuits filed by cities and counties against the various players in the opioid supply chain have been combined into one docket known as a ...

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