J&J to contribute up to $5 billion to potential opioid settlement

In this news, we discuss the J&J to contribute up to $5 billion to potential opioid settlement.

(Reuters) – Johnson & Johnson said on Tuesday it would contribute up to $ 1 billion more to a possible lawsuit settlement alleging it and other companies fueled the opioid epidemic in the United States – United, bringing the total amount he would pay to $ 5 billion.

The New Brunswick, New Jersey-based drugmaker said the extra money represented an increase in the proposed $ 4 billion settlement framework it had negotiated with a group of state attorneys general that was announced in October 2019.

Report by Nate Raymond in Boston

Original © Thomson Reuters

Originally posted 2020-10-13 09:16:08.

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