Drug companies look at $50 billion deal to avoid trouble

PLEA BARGAIN –

Oct. 16, 2019 – The possible settlement that would include $22 billion in cash and $29 billion in drugs and distribution, according to two people familiar with the talks. Those involved cautioned that talks are ongoing and the parameters of any deal are fluid.

McKesson, Cardinal Health and Amerisouce Bergen Corp would give $18 billion to be used for treatment and prevention over 18 years. Johnson and Johnson would provide $4 billion. Teva Pharmaceutical would provide $29 billion worth of drugs as well as money to pay for the cost of distributing those drugs over 10 years. Teva makes buprenorphine, which is a drug used to treat opioid addiction.

Full Story @NBCNews

Leonard Buschel

Share
Published by
Leonard Buschel

Recent Posts

Pete Davidson Admitted To Rehab Again In ‘bad shape’

VIDEO – AT THE GATES OF SALVATION – Nov. 18, 2024 - “He checked into…

4 hours ago

Where does that leave marijuana?

TIME WILL TELL – Nov. 11, 2024 - President-elect Donald Trump is expected to come…

2 days ago

Cannabis Use Linked to Epigenetic Changes – Cancer Risk

POT IS SO OBSOLETE – Nov. 15, 2024 -  Cannabis is a “genotoxic” substance because…

2 days ago

Vending Machines Offer Clean Free Needles and Narcan

NPR AUDIO – STICK WITH THE WINNERS!  – Nov. 14, 2024 - “I don’t shoot…

2 days ago

This Book Will Save Your Life: The New Medical Cure for Opioid Addiction

NEW BOOK! READING MATTERS – Nov. 15, 2024 - “This is a pointed and urgent…

2 days ago

15 Incredible Films With Gut-Wrenchingly Depictions of Alcoholism

DON’T MISS THESE – 2023 - 1. “Barfly” (1987) Directed by Barbet Schroeder and based…

2 days ago