US Opioid Lawsuits on Verge of Settlements with 4 Companies

Lawyers announced they were on the verge of a $26 billion settlement with the nation's three biggest drug distribution companies.

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FILE - This Aug. 29, 2018, file photo shows an arrangement of Oxycodone pills in New York. The three biggest U.S. drug distribution companies and the drugmaker Johnson & Johnson are on the verge of a $26 billion settlement covering thousands of lawsuits over the toll of opioids across the U.S., two people with knowledge of the plans told The Associated Press. The settlement involving AmerisourceBergen, Cardinal Health and McKesson is expected this week. A $1 billion-plus deal involving the three distributors and the state of New York was planned for Tuesday, July 20, 2021. (AP Photo/Mark Lennihan, File)
Image via AP Photo/Mark Lennihan

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

The yearslong effort by state and local governments in the U.S. to force the pharmaceutical industry to help pay to fix a nationwide opioid addiction and overdose crisis took a major step forward Tuesday when lawyers for local governments announced they were on the verge of a $26 billion settlement with the nation’s three biggest drug distribution companies and the drugmaker Johnson & Johnson. Under the deal, Johnson & Johnson would not produce any opioids…

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