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U.S. states to unveil $26 billion opioid settlement with drug distributors, J&J – source

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Reuters

By Nate Raymond (Reuters) -U.S. state attorneys general and lawyers for local governments are expected on Wednesday to unveil a landmark, $26 billion settlement resolving claims that the three largest U.S. drug distributors and drugmaker Johnson & Johnson helped fuel a nationwide opioid epidemic, a person familiar with the matter said. Under the settlement proposal, distributors McKesson Corp, Cardinal Health Inc and AmerisourceBergen Corp are expected to pay a combined $21 billion, while Johnson & Johnson would pay $5 billion. More than 40 states are expected to sign onto the settlement, the …

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