Washington, Drug Distributors Reach $518M Settlement For Opioid Claims

by Vandana Singh, Benzinga Editor

May 3, 2022 12:11 PM | 1 min read |

Washington has reached a $518 million settlement with drug distributors McKesson Corporation MCK, AmerisourceBergen Corp ABC, and Cardinal Health Inc CAH to resolve opioid-related claims.
Washington opted out of a $26 billion nationwide opioid settlement involving the three drug distributors and Johnson & Johnson JNJ.
Reuters writes that it would have received up to $417.9 million from McKesson, Cardinal Health, and AmerisourceBergen under that settlement finalized in February.
Also Read: JNJ, McKesson, Endo Settle $275M Opioid Claims With Alabama: Reuters.
The state had accused the drug distributors of failing to prevent prescription pills from being diverted for illegal use. It had sought $38.2 billion to fund treatment.
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