MAKING MONEY BURYING OUR CHILDREN –
April 16, 2021 – J&J in a statement called its marketing of the drugs “appropriate and responsible,” Israel-based Teva said it will defend itself against these “unproven allegations.” Endo and Allergan declined to comment.
More than 3,400 lawsuits brought largely by states and local governments are pending against companies accused of fueling the opioid epidemic.
The state of Oklahoma in 2019 won a $465 million judgment against J&J in only such trial so far. Opioid cases that were set to go to trial in 2020 were put off as a massive new public health crisis made gathering jurors and lawyers in the same room untenable. Some plaintiffs’ lawyers said the delays benefited the companies at the cost of states, counties and municipalities who say they need settlements to help pay for the costs of addressing a painkiller addiction epidemic that only grew worse during the coronavirus pandemic.
The nation’s three largest drug distributors – McKesson Corp (MCK.N), AmerisourceBergen Corp (ABC.N) and Cardinal Health Inc (CAH.N) – and J&J have proposed paying a combined $26 billion to resolve the cases against them.
The proposal, a version of which was first put forward in 2019, has yet to be finalized, and some plaintiffs lawyers say that only with trials will they and other companies come to the table to finalize payouts.
“They keep putting off the day of judgment,” Elizabeth Chamblee Burch…
