Purdue Pharma offers $10-12 billion to settle opioid claims

  • 📰 MSNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company for $10B to $12B, according to 2 people familiar with the mediation.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They need to pay up then report to prison.

And that leaves the Sacklers how much money?

Because that much money pays the hundreds of thousands of people they've killed all these years.

Drug prices will be going up then 😏😏

Chump change. One state case—not nearly the biggest—already drew a half a billion judgement. There are 2000 cases outsanding

Isnt Purdue Pharma only worth 3B?

Sacklers have blood on their hands

And I guess the Johnson and Johnson verdict didn’t have a thing to do with it

Don't settle. Sue.

🗣️📣📣📣HEALTHCARE SHOULD NOT BE A FOR-PROFIT INDUSTRY.

Will it change its distribution, advertising, and inducements? If not, this will just continue and the massive profits will more than offset its losses.

Did the government pay for flooding the black community with crack just so they could fund Iran-Contra?

Let me guess JoeBiden and KamalaHarris

Per case?

Is this before or after the Sacklers go to prison?

TRIPLE, OR EVEN QUADRUPLE THAT AMOUNT

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 469. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

It Is Too Early for Pharma Investors to Cheer Opioid VerdictHold the celebration: The opioid litigation cloud hanging over drug stocks won’t clear up soon, despite an Oklahoma judge’s ruling that Johnson & Johnson is liable for fueling the opioid crisis. Between 2015-2018, 18 million opioid prescriptions were written in Oklahoma. A Republican state with a population of 3.9 million people. Sad. TrumpCountry Home town verdict Appeal will be another issue When are the victims of mass shootings going to sue because of the part psychotropic drugs play. They already ruled prozac was responsible for a mass shooting in Canada. The more you know...
Source: WSJ - 🏆 98. / 63 Read more »

Shares of pharma companies soar after Johnson & Johnson sees smaller-than-expected opioid fineShares of major pharmaceutical companies surged in after-hours trading Monday following a smaller-than-expected fine for Johnson & Johnson. Is UP💰💰💰 Such a shame. So many lives have been lost or destroyed because of these products. The fine is way too small. 👇👇👇👇👇👇👇👇👇👇
Source: CNBC - 🏆 12. / 72 Read more »

Shares of pharma companies soar after Johnson & Johnson sees smaller-than-expected opioid fineShares of major pharmaceutical companies surged in after-hours trading Monday following a smaller-than-expected fine for Johnson & Johnson. Is UP💰💰💰 Such a shame. So many lives have been lost or destroyed because of these products. The fine is way too small. 👇👇👇👇👇👇👇👇👇👇
Source: CNBC - 🏆 12. / 72 Read more »

It Is Too Early for Pharma Investors to Cheer Opioid VerdictHold the celebration: The opioid litigation cloud hanging over drug stocks won’t clear up soon, despite an Oklahoma judge’s ruling that Johnson & Johnson is liable for fueling the opioid crisis. Between 2015-2018, 18 million opioid prescriptions were written in Oklahoma. A Republican state with a population of 3.9 million people. Sad. TrumpCountry Home town verdict Appeal will be another issue When are the victims of mass shootings going to sue because of the part psychotropic drugs play. They already ruled prozac was responsible for a mass shooting in Canada. The more you know...
Source: WSJ - 🏆 98. / 63 Read more »

NPR Choice pageThey were never going to pay the real cost
Source: NPRHealth - 🏆 144. / 63 Read more »

NPR Choice pageBack in the 20’s alcohol was banned. Opioid abuse is another addiction. The chronic pain sufferer must not be turned away. Take a close look at what opioid is being abused. Fentynal? Usually hospice, or hospital only. The real problem is illegal drugs. Stop the influx
Source: NPRHealth - 🏆 144. / 63 Read more »