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Four drug companies agree to pay $26 bn in proposed opioid settlement: NY official

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New York (AFP) – Officials from several US states on Wednesday unveiled a sweeping proposed settlement under which four pharmaceutical companies accused of fueling the country’s opioid epidemic would pay up to $26 billion to resolve some 4,000 claims in federal and state courts. Under the proposed agreement, three drug distributors — McKesson, Cardinal Health and Amerisource Bergen — along with Johnson & Johnson, would pay to resolve the claims, as well as finance prevention and treatment programs, said a press release from New York Attorney General Letitia James, who was joined on a briefin…

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