U.S. state officials urge support for landmark $26 billion opioid settlement By Reuters

Must read

In a blow to the edtech sector, China orders tutoring companies teaching the school curriculum to go non-profit, bans them from IPOs and raising...

Bloomberg: In a blow to the edtech sector, China orders tutoring companies teaching the school curriculum to go non-profit, bans them from IPOs and...

Steam Deck can limit frame rates to give you longer battery life

Valve may boast that the Steam Deck will run games well, but you won't have to worry about the handheld PC running games too...

Glee Star Jenna Ushkowitz Marries David Stanley in Los Angeles

Glee is one way to describe Jenna Ushkowitz's weekend! On Saturday, July 24, the Glee actress married her boyfriend of three years, David Stanley. The couple,...

Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years – TechCrunch

More posts by this contributor Factories Aren’t Dying To Take Your Order And Other Hardware Startup Follies Working With A Chinese Factory, Hardware Entrepreneur Edition China’s e-commerce...

© Reuters. FILE PHOTO: The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2019. REUTERS/Brendan McDermid

By Nate Raymond

(Reuters) -A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments.

Under the settlement proposal, the three largest U.S. drug distributors — McKesson Corp (NYSE:), Cardinal Health Inc (NYSE:) and AmerisourceBergen (NYSE:) Corp — are expected to pay a combined $21 billion, while drugmaker Johnson & Johnson (NYSE:) would pay $5 billion.

The money is expected to be used on addiction treatment, family support, education and other social programs.

“There’s not enough money in the world,…

Read more…

Related News

Latest article

How Tokyo Olympics COVID-19 Countermeasures May Be Falling Short

Holding an Olympics during a pandemic was never going to be easy, and the Tokyo Organizing Committee consulted with numerous public health experts and...

When virus put premium on pools, Olympic swimmer went to sea

TOKYO (AP) — The thing about being a swimmer is you need a pool to practice in.Olympic swimmers need Olympic-size pools.The pandemic put a...

Sleepy Baby! Cutie Baby! Awwww!

https://www.youtube.com/watch?v=MVikoYKFSQ0 Daddy’s back home! And she wanted to take a nap in my room! Watch! Enjoy! SHARE! And CLICK HERE to check out more Mayte videos!   The post...

Goldberg Ne Bobby Lashley Ko WWE Championship Ke Liye Challenge Kiya: WWE Now India

Goldberg Ne Bobby Lashley Ko WWE Championship Ke Liye Challenge Kiya: WWE Now India | FOX Sports ...

Jackie Mason, rabbi turned comedian, dies aged 93

The famed US stand-up comedian and actor voiced Krusty the Clown's father in The Simpsons. Read more...