$1.6 Billion in Florida Opioid Deals Imperiled by State Court

The Florida Attorney General’s strategy to block state hospital lawsuits in order to preserve its opioid industry settlements was blocked by a state court Wednesday.

The ruling imperils a series of settlements Florida Attorney General Ashley Moody’s (R) office struck with seven of the world’s largest health industry firms, which total more than $1.6 billion. The state reached deals with McKesson Corp., Cardinal Health Inc., and AmerisourceBergen Corp., Walmart Inc., Johnson & Johnson, Endo Health Solutions Inc., CVS Health Corp., Teva Pharmaceuticals Industries Ltd., Allergan Finance LLC, and Walgreen Boots Alliance Inc ...