Cardinal Health Lawsuit Opioid

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Cardinal Health Opioid Derivative Suit Ends With Settlement Nod

(1 days ago) People also askIs Cardinal Health involved in the opioid epidemic?Lawyers for National Union and Cardinal Health did not immediately respond to requests for comment. Cardinal Health, one of the nation's top three drug distributors, is facing numerous lawsuits by local and tribal governments, hospitals and health plans over its alleged role in the opioid epidemic.Cardinal Health keeps opioid coverage fight in state courtreuters.comWhat is the Cardinal Health settlement?The Cardinal Health settlement, which is subject to court approval, is the latest massive settlement of opioid-related derivative litigation. It also represents another example of a massive settlement of a breach of the duty of oversight claim. The settlement is to be funded entirely by Cardinal Health’s D&O insurers.Cardinal Health Opioid-Related Derivative Suit Settled for $124 Million dandodiary.comIs $26 billion deal to end opioid lawsuits complete?A version of this article appears in print on , Section B, Page 3 of the New York edition with the headline: $26 Billion Deal to End Opioid Lawsuits Is Complete. Order Reprints Today’s Paper SubscribeCompanies Finalize $26 Billion Deal With States and Cities to End nytimes.comWhat's happening with opioid lawsuits?The announcement is a milestone in the nationwide opioid litigation, which began in 2014 with a few cities and counties filing lawsuits against five drug manufacturers. But as thousands of governmental plaintiffs eventually filed claims, the cases reached across the pharmaceutical industry, to distributors and retailers as well.Companies Finalize $26 Billion Deal With States and Cities to End nytimes.comFeedbackNPRhttps://www.npr.org/2022/02/25/10829019584 U.S. companies will pay $26 billion to settle claims over the …WEBFour of the largest U.S. corporations have agreed to pay roughly $26 billion to settle a tsunami of lawsuits linked to claims that their business practices helped fuel the deadly opioid crisis

https://news.bloomberglaw.com/litigation/cardinal-health-opioid-derivative-suit-ends-with-settlement-nod#:~:text=Cardinal%20Health%20Inc.%20and%20more%20than%20a%20dozen,derivative%20claims%20related%20to%20its%20distribution%20of%20opioids.

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Proposed Opioid Litigation Comprehensive Settlement

(1 days ago) WEBCardinal Health Medical Segment 7200 Cardinal Place Dublin, OH 43017 cardinalhealth.com Communication re Proposed Opioid Litigation Comprehensive

https://www.cardinalhealth.com/content/dam/corp/web/documents/Report/cardinal-health-injunctive-relief-terms-20220225.pdf

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Cardinal Health to pay $6.4 billion as part of opioid …

(7 days ago) WEBThe Columbus Dispatch. Cardinal Health will report a $140 million charge when it releases its quarterly financial results next month as part of the $26 billion opioid settlement that was struck

https://www.dispatch.com/story/business/2021/07/22/cardinal-health-pay-6-4-billion-part-opioid-settlement/8053626002/

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Distributors Approve Opioid Settlement Agreement McKesson

(8 days ago) WEBAbout Cardinal Health. Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider …

https://www.mckesson.com/about-mckesson/newsroom/press-releases/2022/distributors-approve-opioid-settlement-agreement/

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Companies Finalize $26 Billion Deal With States and Cities to End

(6 days ago) WEBMcKesson, Cardinal Health and AmerisourceBergen, the distributors, will pay a combined $21 billion over 18 years. At least 85 percent of the payments will be …

https://www.nytimes.com/2022/02/25/health/opioids-settlement-distributors-johnson.html

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Press Releases Archives Cardinal Health News & Media

(5 days ago) WEBCONSHOHOCKEN, Pa. & DUBLIN, Ohio & IRVING, Texas--(BUSINESS WIRE)--AmerisourceBergen (NYSE: ABC), Cardinal Health (NYSE: CAH) and …

https://newsroom.cardinalhealth.com/2022-02-25-Distributors-Approve-Opioid-Settlement-Agreement

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Drug Distributors and J.&J. Reach $26 Billion Deal to …

(8 days ago) WEBMcKesson Corporation, along with Cardinal Health and AmerisourceBergen, would be released from legal liability in the opioid epidemic as part of the settlement. Page 1 of the New York edition

https://www.nytimes.com/2021/07/21/health/opioids-distributors-settlement.html

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Addressing the Opioid Crisis: Board Engagement and Governance

(5 days ago) WEBNational Opioid Lawsuit Settlement. In February 2022, after several years of negotiations, we announced that Cardinal Health and the two other national distributors had decided …

https://www.cardinalhealth.com/en/about-us/environmental-social-governance/policies-and-principles/board-engagement-and-governance.html

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Cardinal Health Opioid Derivative Suit Ends With Settlement Nod

(4 days ago) WEBCardinal Health Inc. and more than a dozen of its directors have gotten final court approval of a $124 million settlement to resolve shareholders’ derivative claims …

https://news.bloomberglaw.com/litigation/cardinal-health-opioid-derivative-suit-ends-with-settlement-nod

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Johnson & Johnson, Drug Distributors Agree to Opioid Settlement …

(5 days ago) WEBDrug distributors AmerisourceBergen Corp., Cardinal Health Inc. and McKesson Corp. would pay a total of $19.5 billion to 46 states over 18 years, according …

https://www.wsj.com/articles/amerisourcebergen-cardinal-health-mckesson-agree-to-opioid-settlement-with-46-states-11645792157

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Press Releases Archives Cardinal Health News & Media

(5 days ago) WEBCONSHOHOCKEN, Pa. & DUBLIN, Ohio & IRVING, Texas--(BUSINESS WIRE)--AmerisourceBergen (NYSE: ABC), Cardinal Health (NYSE: CAH) and …

https://newsroom.cardinalhealth.com/2021-07-21-Distributors-Announce-Proposed-Opioid-Settlement-Agreement

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Attorney General Shapiro Announces $26 Billion Agreements with …

(1 days ago) WEBHARRISBURG—Attorney General Josh Shapiro today announced a historic agreement with Cardinal, McKesson, and AmerisourceBergen—the nation’s three major …

https://www.attorneygeneral.gov/taking-action/attorney-general-shapiro-announces-26-billion-agreements-with-opioid-distributors-manufacturer/

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Cardinal Health among 4 companies settling opioid lawsuits

(2 days ago) WEBDublin-based Cardinal Health among 4 companies on verge of settling US opioid lawsuits. OHIO (AP) — The three biggest U.S. drug distribution companies and …

https://spectrumnews1.com/oh/columbus/news/2021/07/20/cardinal-health-among-4-companies-settling-opioid-lawsuits

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Cardinal Health to payout billions in massive opioid lawsuit

(7 days ago) WEBJohnson & Johnson and its three largest drug distributors will pay a combined $26 billion to communities affected by the opioid crisis. Cardinal Health is …

https://www.wosu.org/news/2022-02-25/cardinal-health-to-payout-billions-in-massive-opioid-lawsuit

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Drug distributors, J&J agree to finalize $26 bln opioid settlement

(3 days ago) WEBThe deal aims to resolve around 3,000 lawsuits by state and local governments seeking to hold the companies responsible for an opioid abuse crisis that …

https://www.reuters.com/legal/litigation/drug-distributors-agree-finalize-opioid-settlement-2022-02-25/

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Cardinal Health keeps opioid coverage fight in state court

(8 days ago) WEBOhio state courts are considering other opioid coverage disputes. (Reuters) - Drug distributor Cardinal Health Inc on Wednesday won a bid to keep a lawsuit …

https://www.reuters.com/legal/litigation/cardinal-health-keeps-opioid-coverage-fight-state-court-2022-03-30/

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Cardinal Health fourth-quarter profit hurt by opioid settlements

(4 days ago) WEBLast month's $26 billion opioid settlement took a chunk out of Cardinal Health's fourth-quarter profit. The Dublin-based wholesale drug distribution and medical …

https://www.dispatch.com/story/business/2021/08/05/cardinal-health-fourth-quarter-profit-hurt-opioid-settlements/5481702001/

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Cardinal Health close to ending shareholder lawsuits over opioid

(1 days ago) WEBCOLUMBUS, Ohio (COLUMBUS BUSINESS FIRST) — A shareholder lawsuit against Cardinal Health Inc. over financial losses tied to opioid litigation is …

https://www.nbc4i.com/news/columbus-business-first/cardinal-health-close-to-ending-shareholder-lawsuits-over-opioid-related-losses/

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Cardinal Health Agrees to $44 Million Settlement for Alleged …

(4 days ago) WEBBaltimore, Maryland – Cardinal Health, Inc. agreed to pay $44,000,000 to the United States to resolve allegations that it violated the Controlled Substances Act …

https://www.justice.gov/usao-md/pr/cardinal-health-agrees-44-million-settlement-alleged-violations-controlled-substances-act

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The Giants at the Heart of the Opioid Crisis - The New York Times

(6 days ago) WEBThe industry’s giants, Cardinal Health, McKesson and AmerisourceBergen, Attorney General Letitia James of New York announcing the state’s lawsuit against …

https://www.nytimes.com/2019/04/22/health/opioids-lawsuits-distributors.html

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Opioid settlement sending $7.6 million to Kitsap County programs

(2 days ago) WEBThe funding stems from an October 2022 settlement between the state and three opioid distributors: McKesson Corp., Cardinal Health Inc. and …

https://www.kitsapsun.com/story/news/2024/05/14/opioid-settlement-sending-7-million-to-kitsap-county-programs/73676348007/

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Trial begins in opioid lawsuit involving Cardinal, other drug …

(9 days ago) WEBIn separate, similar lawsuits, the state reached a $37 million settlement with McKesson in 2019 and $20 million with Cardinal Health and $16 million with …

https://www.dispatch.com/story/news/2021/05/05/trial-begins-opioid-lawsuit-involving-cardinal-other-drug-distributors/4961430001/

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AmerisourceBergen, Cardinal Health And McKesson Agree To …

(Just Now) WEBAs per the settlement agreement, AmerisourceBergen will pay $6.1 billion, Cardinal Health will pay $6 billion and McKesson will pay $7.4 billion over 18 years. …

https://www.nasdaq.com/articles/amerisourcebergen-cardinal-health-and-mckesson-agree-to-settle-opioid-lawsuits

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Republicans approve spending $36M opioid settlement money …

(9 days ago) WEBThe settlement is part of a $26 billion deal between opioid manufacturer Johnson & Johnson and distributors AmerisourceBergen, Cardinal Health and McKesson and …

https://www.msn.com/en-us/news/politics/republicans-approve-spending-36m-opioid-settlement-money-but-again-shut-down-pfas-talks/ar-BB1lZiwf

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Michigan doctor gets 12 years for distributing over 270K opioid pills

(4 days ago) WEB1:29. DETROIT — A Michigan doctor was sentenced to over a decade in federal prison for unlawfully distributing hundreds of thousands of opioid pills that had a …

https://www.usatoday.com/story/news/nation/2024/05/12/opioid-pills-fentanyl-michigan-doctor/73665330007/

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Local governments struggle to distribute their share of billions …

(6 days ago) WEBThe major opioid settlements, which include deals with Walgreen Co., CVS Health, Walmart, Johnson & Johnson and one with OxyContin maker Purdue Pharma …

https://www.washingtonpost.com/national/2024/05/12/opioid-settlement-small-towns-local-governments/69ad89f2-101b-11ef-ae0a-a6870885518d_story.html

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Opioid settlements: Local governments struggle to distribute their

(7 days ago) WEBUpdated 9:51 PM PDT, May 11, 2024. Settlement money to help stem the decades-long opioid addiction and overdose epidemic is rolling out to small towns and …

https://apnews.com/article/opioid-settlement-small-towns-local-governments-5daabce1ac8da004f94df0cc0b288e43

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John Oliver on opioid settlements: ‘We can change the arc of this …

(1 days ago) WEBThe first was the increase of opioid prescriptions in the 1990s, the second began in 2010 with heroin, the third began in 2013 with synthetic opioids such as …

https://www.theguardian.com/tv-and-radio/article/2024/may/13/john-oliver-opioid-settlements

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Shelby Township Doctor Sentenced to 12 Years in Prison for …

(Just Now) WEBDETROIT - Shelby Township physician Lawrence Mark Sherman, 75, was sentenced today to 12 years in prison based on his conviction following a jury trial on 20 …

https://www.justice.gov/usao-edmi/pr/shelby-township-doctor-sentenced-12-years-prison-illegally-distributing-more-270000

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Faster approach for starting extended-release naltrexone to treat

(Just Now) WEBIt works by binding to and blocking opioid receptors in the brain, which reduces opioid cravings and prevents the euphoric and sedative effects of opioids. …

https://www.nih.gov/news-events/news-releases/faster-approach-starting-extended-release-naltrexone-treat-opioid-use-disorder-shown-effective

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Faster approach for starting extended-release naltrexone to treat

(6 days ago) WEBStarting people with opioid use disorder on extended-release, injectable naltrexone (XR-naltrexone) within five to seven days of seeking treatment is more …

https://nida.nih.gov/news-events/news-releases/2024/05/faster-approach-for-starting-extended-release-naltrexone-to-treat-opioid-use-disorder-shown-effective

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FY24 Comprehensive Opioid, Stimulant, and Substance Use Site …

(9 days ago) WEBMental Health; Tribal Justice; Programs & Initiatives. Programs & Initiatives; List of Programs; Recognizing Bravery & Sacrifice; to develop, implement, or expand …

https://bja.ojp.gov/funding/opportunities/o-bja-2024-172128

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