Cardinal Health Opioid Litigation

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4 U.S. companies will pay $26 billion to settle claims over the …

(8 days ago) WEBAmerisourceBergen will pay $6.1 billion, Cardinal Health will pay $6 billion and McKesson, $7.4 billion. "Going into the opioid litigation, that was recognized as …

https://www.npr.org/2022/02/25/1082901958/opioid-settlement-johnson-26-billion

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Cardinal Health Opioid-Related Derivative Suit Settled for $124 …

(Just Now) WEBThe Cardinal Health settlement, which is subject to court approval, is the latest massive settlement of opioid-related derivative litigation. It also represents …

https://www.dandodiary.com/2022/05/articles/shareholders-derivative-litigation/cardinal-health-opioid-related-derivative-suit-settled-for-124-million/

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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) WEBCardinal 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 this week, according to a

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

(8 days ago) WEBThe four companies that would be bound by the settlement — Johnson & Johnson and the drug distributors Cardinal Health, the total so far that could be gained from the opioid litigation, when

https://www.nytimes.com/2021/07/21/health/opioids-distributors-settlement.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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Controlled Substance Monitoring Program (CSMP) - Cardinal Health

(9 days ago) WEBAs part of the settlement, court-ordered injunctive relief will apply to each distributor’s Controlled Substance Monitoring Program (CSMP). The injunctive relief will become …

https://www.cardinalhealth.com/en/about-us/environmental-social-governance/controlled-substance-monitoring-program.html

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Cardinal Health winding down lingering litigation over opioids, …

(1 days ago) WEBCardinal Health Inc. is winding down most of the lingering litigation over opioid distribution and product recalls of a divested business line. In some cases, the …

https://www.bizjournals.com/columbus/news/2023/05/10/cardinal-health-litigation-update.html

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Attorney General Shapiro Announces $26 Billion Agreements with Opioid …

(1 days ago) WEBHARRISBURG—Attorney General Josh Shapiro today announced a historic agreement with Cardinal, McKesson, and AmerisourceBergen—the nation’s three major pharmaceutical distributors—and Johnson & Johnson, which manufactured and marketed opioids, to deliver up to $26 billion to address the opioid crisis. The agreements also …

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

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

(6 days ago) WEBThe announcement is a milestone in the nationwide opioid litigation, which began in 2014 with a few cities and counties filing lawsuits against five drug …

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 McKesson (NYSE: MCK) announced today that they have negotiated a comprehensive proposed settlement agreement which, if all conditions are satisfied, would result in the settlement …

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

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Cardinal Health announces settlement of investors' opioid suit

(9 days ago) WEBCardinal Health directors’ insurers will pay the company $124 million to settle a stockholder derivative action related to the opioid crisis. it would end nearly …

https://www.pharmaceuticalprocessingworld.com/cardinal-health-124m-investors-opioid-suit/

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Opioid Litigation Status Update - Center for U.S. Policy

(5 days ago) WEBCardinal Health, and McKesson agreed to a $215 million settlement, just before the trial was set to begin that day. Teva Pharmaceuticals also agreed to …

https://centerforuspolicy.org/wp-content/uploads/2021/05/Opioid-Litigation-Tracker-20210503.pdf

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Press Releases Archives Cardinal Health News & Media

(8 days ago) WEBCONSHOHOCKEN, Pa. & DUBLIN, Ohio & IRVING, Texas, May 3, 2022—(BUSINESS WIRE)—AmerisourceBergen (NYSE: ABC), Cardinal Health (NYSE: CAH) and McKesson (NYSE: MCK) announced today that they have reached an agreement with the Washington Attorney General, under which the distributors will pay up to $518 …

https://newsroom.cardinalhealth.com/2022-05-03-Distributors-Agree-to-Opioid-Settlement-with-Washington-State

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Cardinal Investors Reach $124M Settlement In Opioid Suit

(5 days ago) WEBLaw360 (May 26, 2022, 8:31 PM EDT) -- Directors of Cardinal Health Inc. and the company's investors have reached a $124 million settlement resolving claims of a …

https://www.law360.com/articles/1497242/cardinal-investors-reach-124m-settlement-in-opioid-suit

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

(3 days ago) WEBThe three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement resolving claims by states and …

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

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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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DISTRIBUTOR SETTLEMENT AGREEMENT - national opioid …

(Just Now) WEBsuffering from opioid-related addiction, abuse, death, and other related diseases and disorders, and that have allegedly been caused by the Settling Distributors. E. “Allocation Statute.” A state law that governs allocation, distribution, and/or use of some or all of the Settlement Fund amounts allocated to that State and/or its Subdivisions.

https://nationalopioidsettlement.com/wp-content/uploads/2022/03/Final_Distributor_Settlement_Agreement_3.25.22_Final.pdf

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Cardinal Health, McKesson prevail in Georgia families' opioid trial

(4 days ago) WEBMarch 1 (Reuters) - Drug distributors Cardinal Health Inc (CAH.N), McKesson Corp (MCK.N) and JM Smith Corp on Wednesday prevailed at trial in …

https://www.reuters.com/legal/cardinal-health-mckesson-prevail-georgia-families-opioid-trial-2023-03-01/

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Cardinal Health docks executive bonuses over opioid costs

(4 days ago) WEBCardinal Health would pay up to $6.4 billion over 18 years under terms of a proposed opioid litigation settlement, the company said in July. The company accrued …

https://www.pharmaceuticalprocessingworld.com/cardinal-health-executive-bonuses-opioid-litigation-costs/

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States and Cities Near Tentative $26 Billion Deal in Opioids Cases

(5 days ago) WEBThe West Virginia case is ongoing but on Tuesday, Letitia James, the attorney general for New York, announced a $1.179 billion settlement with the …

https://www.nytimes.com/2021/07/20/health/opioid-settlement-distributors-johnson.html

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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, are all among the 15 largest American companies by revenue. Together, they distribute …

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

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Why are Missouri's local governments sitting on millions in opioid

(1 days ago) WEBThe St. Louis Department of Health since the beginning of 2024 has spent more than $1 million on harm reduction and education efforts in the city’s neighborhoods …

https://www.kcur.org/health/2024-05-06/why-are-missouris-local-governments-sitting-on-millions-in-opioid-settlement-money

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Cardinal Health to pay $13 million to resolve U.S. kickback case

(8 days ago) WEBDrug distributor Cardinal Health Inc has agreed to pay more than $13 million to resolve allegations it gave doctors kickbacks to buy pharmaceutical products …

https://www.reuters.com/legal/government/cardinal-health-pay-13-million-resolve-us-kickback-case-2022-01-31/

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Records reveal how Pa. counties used tens of millions in opioid

(5 days ago) WEBThe opioid settlement spending reports obtained by Spotlight PA and WESA show that several counties dedicate their funds to medication-assisted treatment …

https://www.mcall.com/2024/05/06/records-reveal-how-pa-counties-used-tens-of-millions-in-opioid-settlement-dollars/

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Cardinal Health Reports Third Quarter Fiscal Year 2024 Results and

(8 days ago) WEBCardinal Health is subject to additional risks and uncertainties described in Cardinal Health's Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those …

https://www.prnewswire.com/news-releases/cardinal-health-reports-third-quarter-fiscal-year-2024-results-and-raises-fiscal-year-2024-non-gaap-eps-guidance-302134361.html

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Attorney General James Reaches $1.1 Billion Agreement with Big …

(7 days ago) WEBNEW YORK – New York Attorney General Letitia James today announced an agreement with McKesson Corporation, Cardinal Health Inc., and Amerisource Bergen Drug Corporation — three of the nation’s largest drug distributors — that will deliver up to $1.1 billion to New York state to combat the ongoing opioid epidemic. The $1.1 billion

https://ag.ny.gov/press-release/2021/attorney-general-james-reaches-11-billion-agreement-big-three-distributors-treat

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Biden-Harris Administration Announces Critical More Than $1.5 …

(6 days ago) WEBToday, the Department of Health and Human Services (HHS), through the Substance Abuse and Mental Health Services Administration (SAMHSA), announced …

https://www.hhs.gov/about/news/2024/05/02/biden-harris-administration-announces-critical-more-than-1.5-billion-state-tribal-opioid-response-funding-opportunities.html

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How relationships have fueled the U.S. opioid crisis — Harvard …

(8 days ago) WEBOne key driver was the time-release opioid OxyContin, which was promoted as safer and less addictive than other opioids. The rapid expansion of opioid …

https://news.harvard.edu/gazette/story/2024/05/how-relationships-have-fueled-the-u-s-opioid-crisis-epidemic/

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California is joining with a New Jersey company to make a generic

(6 days ago) WEBAnnual opioid overdose deaths in California more than doubled since 2019, reaching 7,385 deaths at the end of 2022. California began giving away naloxone kits for …

https://apnews.com/article/california-narcan-naloxone-opioid-overdoses-gavin-newsom-14728c51e7caeb62e905b48600177e7a

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Drugmaker Amneal agrees to $270 million U.S. opioid settlement

(8 days ago) WEBAmneal Pharmaceuticals said on Friday it had reached a deal valued at more than $270 million to resolve claims it helped fuel the deadly U.S. opioid epidemic, …

https://www.reuters.com/business/healthcare-pharmaceuticals/drugmaker-amneal-agrees-270-million-us-opioid-settlement-2024-05-03/

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